Industry hub set up in Jinshan

Mar 11, 2010

Sixteen biology and medicine companies and six food giants have settled in Jinshan Industrial Park, making it an industry hub in Shanghai.

Shanghai Baxter Medical Co kicked off its production base with an investment of 248 million yuan (US$36 million) and the second phase of Shanghai Sanhui Food has started construction with a contracted investment of 110 million yuan. Want Want China, another food giant, committed US$30 million earlier this year.