Allocation of resources set to be improved

TWENTY new measures issued by Shanghai Municipal People’s government aim to improve the allocation of resources and promote quality industrial development.

The 20 measures can be classified into seven parts. The first concerns the overall planning of Shanghai’s industry. Earlier in the month Shanghai released its industry map to guide  development. 

The second main part is a proposed resources usage evaluation system. 

The system is based on, the output efficiency of resources such as land, water, energy, and pollution emission, as well as the productivity of factors such as scientific innovation and labor efficiency.

Under the evaluation system industries with high resource efficiency will be rewarded in areas such as industry admission, land supply, finance and taxation, and electricity price

The third main part focuses on transforming and upgrading  present industry areas with low output efficiency. 

The government will first build up some key demonstration areas such as, Lingang Hongqiao, Shibo, Wujing, Gaoqiao, Nanda, Wusong, Taopu, and then gradually clarify the transformation road map.

The measures will improve the GDP per unit area of Shanghai.

"The GDP per unit area is not high, and we have some distance with cities like Shenzhen, Hangzhou and Suzhou, ” said Chen Mingbo, the director of Shanghai Commission of Economy and Information.