China Tech Hub Lingang in Shanghai Lured Tesla, Struggles to Attract Others - Bloomberg

A giant new tech hub near Shanghai successfully attracted major names like Tesla, but Lingang remains almost empty of residents three years into its launch. The Dishui artificial lake in the Lingang Special Area and Comprehensive Zone. This article is the fourth in an occasional series about the New Geography of Technology. You can read the first installment on Milan here, the second on the new US tech economy here and the third on Tel Aviv here. Chinese President Xi Jinping has a goal of turning a quiet Shanghai suburb into the country’s next Silicon Valley, but more than three years into its making, that vision is facing mounting challenges. Lingang, a 120-square-kilometer (46 -square-mile) patch of land southeast of Shanghai roughly a sixth the size of Singapore, was designated by Xi in 2018 as the country’s top free-trade area, to be modeled after the likes of Singapore and Dubai. It was also to be a new center for high-end technological industries that would drive indigenous innov

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• Timothy Im