Changfeng Hub has distinctive style, function
Print Edition
SUZHOU Creek that cuts through the city is considered the mother river of Shanghai. The surrounding area is the birthplace of modern industries in China. A lot of industrial heritage have been left by the side of the creek.
The riverside area of the Suzhou Creek has undergone tremendous transformation now. The Changfeng Ecological Business Hub has been developed into a zone with distinctive culture, multiple functions and agglomerated enterprises.
On July 10, the media from across the nation came to Changfeng for a group reporting project. They visited the Suzhou Creek Industrial Civilization Museum and Changfeng Ecological Business Hub to learn the vicissitudes of Suzhou Creek down the century.
The riverside area of Suzhou Creek used to be a cluster of traditional industries. Decades ago, following the wave of market economy, many old factories and warehouses lining the stream were facing bankruptcy.
The location of Changfeng Ecological Business Hub was originally the Changfeng Industrial Zone. In those days, the zone had a lot of chemical and manufacturing factories. These factories dumped waste water every day and they usually had big coal consumption. In the late 20th century when some enterprises moved out of the area, many factories and warehouses that belonged to them were being rented out.
The first research report on the renovation of the Changfeng Industrial Zone was released by the government of Putuo District in September 2002. It was decided to develop Changfeng area into a multifunctional and ecological community of business, tourism, entertainment, and middle and high-end housing. The cultural heritage along the Suzhou Creek was to be reserved.
The relics of the original match and aginomoto factories were protected. Some old warehouses were to be transformed into museums, exhibition halls and film gallery. The Shanghai M&A Financial Agglomeration Zone in Putuo was founded to attract more enterprises to settle in the zone with optimized environment and more supporting policies. The world’s first M&A themed museum has been set up in the zone. It records and displays major M&A cases of domestic and foreign companies. It is also dubbed a condensed economic and financial history of modern China.
Today, a greenery axis and network layout of “two parks and two belts” has taken shape at the hub. The “two parks” refer to the hub and Zhongshan Park. The “two belts” refer to the landscapes on the bank of Suzhou Creek. Today, the green area coverage rate of Changfeng has exceeded 50 percent. The local government has constructed a 2.7-kilometer corridor of greenery — a width from 80 to 130 meters — along the bank of Suzhou Creek.
New environmental technology has been widely applied to the new buildings of the hub, such as solar energy, ice thermal storage, ground-source heat pump, vertical ecological green wall and respiratory curtain wall.
Jiang Lei, an official with Changfeng Ecological Business Hub, said that the construction and development of the hub are as per international standards and the criteria are distinctive Shanghai style with ecological benefits.
“Now the total green spaces of the hub cover an area of 900 mu (600,000 square meters),” Jiang said. “The greenery coverage rate of the area is over 50 percent, which is rare in the urban districts of the city.”
The Shanghai Municipal Government has declared the hub as a successful transformation case of the city’s old industrial zone. It has also received the China habitat environment award from the Ministry of Housing and Urban-Rural Development. It is an important area of the “One Axis, Two Wings” development layout of Putuo District. Its layout of science and technology innovation has attracted a number of top-notch enterprises.
To date, over 3,000 enterprises have settled in the hub. The hub also serves as a service platform for the Shanghai United Assets and Equity Exchange, Putuo District Administration Service Center, and Shanghai Convention & Exhibition Center of International Sourcing. Health and education facilities include the Children’s Hospital of Shanghai, Shanghai Center for Women and Children’s Health and No.4 Middle School Affiliated to ECNU. Commercial facilities include MTR City Plaza, Changfeng Joy City and JW Marriott Hotel. More efforts will be spent in sectors like M&A, convention, exhibition, intelligence services, creative design and cultural tourism.
Jiang added that currently Changfeng Financial Harbor has more than 200 enterprises of funds and equity investment that serves over 300 business projects.
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