Pudong Launches Carbon Neutrality Initiative; Shanghai Releases Embodied Intelligence Industry Plan
Key Takeaways
- Pudong launches carbon neutrality initiative for large events, a first for Shanghai districts.
- Shanghai aims for ¥50B embodied intelligence industry by 2027 with 100 key enterprises.
- Eswin, China's top silicon wafer supplier, approved for ¥4.9B IPO to double production.
- Lingang New Area launches international data processing hub focusing on key industries.
- Pudong's 'Five Rings' water system project is 62% complete; ecological tourism spots launched.
Top Stories
Pudong launches carbon neutrality initiative for large events.
On August 15, 2025, Pudong New Area announced a carbon neutrality initiative for large-scale events at the '2025 Pudong New Area National Ecological Day Theme Event'. This marks the first district-level effort in Shanghai to promote carbon neutrality in major events.
Shanghai's Embodied Intelligence Industry Development Plan.
Following the World Artificial Intelligence Conference, Shanghai released the 'Shanghai Embodied Intelligence Industry Development Implementation Plan'. The plan aims to gather 100 industry backbone enterprises, implement 100 major innovative application scenarios, and promote 100 international leading products by 2027, with a core industry scale exceeding 50 billion yuan.
Eswin, China's largest silicon wafer supplier, approved for IPO.
Eswin, China's largest supplier of 12-inch silicon wafers, received approval for an IPO in Shanghai to raise 4.9 billion yuan. The funds will be used to construct its second plant in Xian, Shaanxi province, doubling production capacity to 1.2 million wafers per month.
Lingang New Area launches international data processing hub.
On August 15, 2025, Lingang New Area launched the 'International Data Processing Hub Construction Plan', focusing on key industries like data processing and digital culture export. Shanghai Junyue Shenghui Technology Co., Ltd. is expanding its overseas advertising creative business using Lingang's data cross-border dedicated line.
Pudong announces progress in water system and ecological tourism.
On August 15, 2025, Pudong announced progress in the construction of the 'Five Rings' water system and launched ecological and cultural tourism spots. The district's parks have increased to 203, with 12.5 kilometers of the Lujiazui water ring fully open, and 62% overall project progress.