Creating Value to Paint a Beautiful Life: Shanghai Rural Commercial Bank Deeply Supports Major Project Construction in Shanghai

Source: Xinhua Finance

Recently, the list of major projects in Shanghai for 2026 has been announced. The Shanghai Rural Credit Cooperative, founded in 1949, has been rooted in the city for over 70 years. It has actively supported major project construction with financial services, deeply involved in urban renewal and improving people’s livelihoods, creating value to build a better life. By the end of 2025, Shanghai Rural Commercial Bank provided nearly 11 billion yuan in credit to major municipal projects that year, covering key areas such as world-class comprehensive transportation hubs, semiconductor materials, domestic substitution of medical enterprises, and the upgrade of Beiwaitan’s level.

Supporting the Construction of the Eastern Hub and Enhancing City Capacity

The Eastern Hub project relies on two major transportation nodes: Pudong International Airport and Shanghai East Station. It aims to create a world-class integrated transportation hub that combines aviation, high-speed rail, urban rail, and metro systems. This is a “super project” related to national strategy implementation and Shanghai’s long-term development, tasked with improving transportation integration in the Yangtze River Delta and enhancing global resource allocation capabilities.

As a local bank deeply involved in urban development, Shanghai Rural Commercial Bank has long supported the key construction of the Eastern Hub project, especially Shanghai DF Company, a major builder. It has assisted in underground engineering for the station area, providing syndicate loan funding, and opening special accounts for project payments and workers’ wages, ensuring full-cycle support for the project and promoting regional economic growth and urban function upgrades.

Supporting Breakthroughs in Semiconductor Materials and Overcoming Technical Bottlenecks

Semiconductor silicon wafers are fundamental materials for integrated circuit manufacturing and are critical for supply chain security and stability. In recent years, they have attracted much attention.

Shanghai CG Company has been dedicated to the research, development, and manufacturing of semiconductor silicon wafers. It is one of the few domestic companies capable of large-scale production of silicon wafers and breaking international monopolies. Its advanced logic process 300mm wafer automated intelligent manufacturing and R&D project has been included in major projects for advanced manufacturing.

For years, Shanghai Rural Commercial Bank has consistently supported CG Company’s development with long-term stable funding, tailored financing solutions, and efficient approval processes. It provides solid financial backing for R&D investment, production line construction, and process upgrades, helping the company overcome key technological bottlenecks and expand capacity. The bank continuously adjusts and customizes service plans according to the company’s growth cycle, maintaining stable credit support.

Looking ahead, Shanghai Rural Commercial Bank will continue to focus on strategic emerging industries, strengthen the allocation of science and technology innovation financial resources, and help Shanghai become a hub for integrated circuit industry innovation, injecting sustained momentum into China’s semiconductor supply chain independence.

Promoting R&D Center Construction and Supporting Domestic Substitution

In line with Shanghai’s efforts to accelerate the construction of a globally influential science and technology innovation center and promote high-quality development of the biopharmaceutical industry, Zhangjiang Science City is working hard to build a high-end medical device innovation and industrialization hub.

As a major ongoing project in advanced manufacturing, LF Company is investing in the Zhangjiang International Medical Park to establish a science and technology innovation headquarters and R&D center, creating a comprehensive base for R&D, clinical trials, high-end manufacturing, and business offices. The project focuses on core R&D and pilot functions for five major product lines: coronary intervention, structural heart disease, peripheral intervention, among others. It is the central hub of LF’s global innovation R&D system and a key platform for promoting domestic high-end medical device substitution and building a world-class multinational medical device platform.

Regarding funding needs for the base construction, Shanghai Rural Commercial Bank proactively engaged during the project’s preparation phase. As a participating lender in the syndicate infrastructure loan, it provided financial support to help LF accelerate global R&D resource integration and enhance independent innovation capabilities for high-end medical consumables.

Supporting the Upgrade of Beiwaitan and Empowering Regional Development

In recent years, Beiwaitan has been accelerating its development as Shanghai’s main city center, aiming to create the “Golden Triangle” of the Bund, Lujiazui, and Beiwaitan as an international economic, financial, and shipping hub. The core area’s functional upgrades are of great significance for the coordinated development of Shanghai’s international financial and shipping centers.

Shanghai BW Group is a main force behind the development of Beiwaitan, responsible for core land development, aerial corridors, municipal infrastructure, and industrial upgrades. Shanghai Rural Commercial Bank adheres to the “integrated investment and banking” philosophy, providing liquidity loans to BW Group and leveraging its bond market investment advantages by investing in the group’s corporate bonds. This supports the renewal of key city areas and continuously injects financial energy into building Beiwaitan into a world-class reception area and a high ground for wealth management.

In the future, Shanghai Rural Commercial Bank will closely align with Shanghai’s strategic goals of strengthening the “Four Major Functions” and deepening the “Five Centers” development, diligently serving major projects at city and district levels, precisely supporting the real economy, and writing “five great articles.” It will unwaveringly build a service-oriented bank that creates value for clients and contributes to high-quality economic and social development. (Deng Kan)

Editor: Ge Jiaming

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