Jinqiao Economic and Technological Development Zone, established on the old Jinqiao Export Processing Zone site in 1990, is a national economic and technological zone, with State Council approval and a planned area of 27.38 square kilometers. It is divided into northern and southern parts, and got its current name in October 2012.
The Ministry of Science and Technology named the northern part the Shanghai Jinqiao Modern Science and Technology Park in 1997, and made it a part of the Zhangjiang High-tech Industrial Development Zone. The 2.88-sq-km southern part was designated a customs supervision and control area by governmental departments in September 2001.
Jinqiao expanded to 67.79 sq km in January 2010, with a Jinqiao Export Processing Zone, Nanhui Industrial Park and Pudong Airport Industry Park. Then, 20.48 sq km of it were made a part of the China (Shanghai) Pilot Free Trade Zone in December 2014.
The zone was added to the “Top 10 investment parks in Asia” list of the the United Nations’ Asia-Pacific Urban Research Center and made a national ecological industry demonstration zone. It was also recognized for its outstanding service performance, living area, and export goods quality.
The zone holds the regional HQ and research centers of more than 20 multinationals, including the US’s Carestream Health, Kodak, and and Motorola, and the giant German chemical and pharmaceutical company Bayer. In 2014, its service sector grew at a adouble-digit pace and its revenues reached 31.5 trillion yuan, up 14.2 percent over the previous year. Its service sector revenues almost equal the industrial sector’s, and it holds around 70 of the world's Top 500 firms.