Regarding Shanghai’s “Four Centers” initiatives during the 12^th “Five-Year” Plan period, Pudong New Area gives great efforts in building into Shanghai’s core functional area, by fostering and enhancing its capabilities in the fields of finance, shipping, trade and indigenous innovation. Zhangjiang National Demonstration Zone of Indigenous Innovation will release and implement a “Zhangjiang New Ten” policy, staging a pilot scheme in mainly five aspects, namely corporate equity incentive, talents converging, preferential fiscal and taxation policy, financial services, managerial innovation.

In the first half of 2011, Pudong’s GDP climbed 10.2% and reached 250 billion RMB, as finance and shipping led the growth and emerging industries proved an increasing role in economic transition. During the second half year, the development of financial strength will remain in Lujiazui area, and the goals are to optimize the financial environment and to attract more institutions. The cargo and shipping would greatly base in Shanghai Free Trade Zone.