Shanghai Lingang Houzhi Science and Technology Innovation "Fertile Field" focuses on cultivating future industries. In September 2019, the Microsatellite Innovation Institute of the Chinese Academy of Sciences relocated to the Lingang New Area.
Officials here proposed that the future industrial scale of Lingan New Area will reach 100 billion yuan by 2030. Three newly recognized innovation consortiums and one large enterprise open innovation center were newly recognized on that day. The Yangtze River Delta-Tianyue National Technology Joint Innovation Center and SGI International Global Offshore Innovation Network Base officially unveiled.