Lingang Special Area of Shanghai free trade zone to build a Global Digital Economy Island

On 2 June 2020, Shanghai Municipal People’s Government announced that Lingang Special Area of Shanghai Free Trade Zone will build a 247 acres global digital economy island.

On 2 June 2020, Shanghai Municipal People’s Government announced that Lingang Special Area of Shanghai Free Trade Zone will build a 247 acres global digital economy island.

Relying on the landing location of international optical cable, this island will establish a cross-border data center and an exchange center for new kinds of internet.

Four primary missions are required to achieve on this island:

(i) exploring to construct a new data supervision gate and promoting the cross-border flow of data;

(ii) developing the digital economy over 5G/communication, big data and cloud computing;

(iii) developing the digital industries over intelligent research, IC design and software information;

(iv) proactively deploying the leading-edge information industries such as artificial intelligence, blockchain, internet economy.

The Lingang Special Area will publish a package of policies to support new infrastructure, digital economy and technology innovation and such policies will be piloted on the global digital economy island.

(Source: Shanghai Municipal People’s Government)

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/09/lingang-special-area-of-shanghai-free-trade-zone-to-build-a-global-digital-economy-island/.

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