SIP took the fifth place among China’s top 100 urban areas for venture capital in 2024, according to the list released by CVINFO at the 2025 ZGC Forum Annual Conference.

CVINFO is a member of ChinaVenture, a leading financial data and business information service company in China. The list was decided based on an evaluation of all the county-level administrative districts and economic function districts with GDP exceeding RMB100 billion across the country.

The evaluation covers 10 indicators, including the number of new enterprises, the number of newly financed enterprises, the GDP, the per capita GDP, and the proportion of education, science and health expenditure in the general public budget. These indicators demonstrate the level and potential of innovation and entrepreneurship as well as economic development of these districts.

SIP has reached international advanced level in terms of per capita GDP, energy consumption per unit of output value, carbon emissions, R&D intensity and other indicators. It has retained the top spot in the country’s comprehensive evaluation of state-level economic and technological development zones for many consecutive years, with a GDP of RMB400.243 billion last year.

April 3, 2025