The KIC project is a mixed-use technology innovation and knowledge community that is strategically located in Wujiaochang of Yangpu District, in the immediate vicinity of major universities and colleges including Fudan University, Shanghai University of Finance and Economics and Tongji University. It is conveniently connected by Shanghai Metro Line 10. Aligned with Shanghai’s plans to become a key hub for technological research and advancements, the KIC project aims to create an environment that fosters technological innovation and entrepreneurship similar to that of the Silicon Valley in the United States, and to provide a knowledge-based “live-work-play-learn” community inspired by the Left Bank in Paris.
Since its commencement in 2006, we have operated the project by combining office space with research and development, education, training, investment and incubator services, to tailor to the needs of tenants who work in knowledge-based industries. In addition to office space and services, KIC also includes retail and mixed-use areas including University Avenue and KIC Village Zone, which offers the community a wide selection of gourmet cuisines, coffee shops, bookstores, galleries and creative retail stores. The KIC project thus provides our tenants including industry leading companies, growing start-ups and nearby universities with an environment to come together to form a mutually beneficial community that fosters innovation and knowledge exchange.
After ten years of operations, KIC has emerged as a cradle for entrepreneurs and a mature knowledge community which combines the spirit of entrepreneurship and vibrant cultural communications. Through the KIC project, we have also facilitated the transformation of the Yangpu District from an industrial and manufacturing area into a community for knowledge and innovation, and the KIC project has thus been regarded as a landmark of innovation and entrepreneurship in Shanghai.
As at 30 June 2021, over 500 start-up companies were based in KIC, playing pioneering roles across multiple industries that include technology, media and telecom, design, education and services. KIC’s tenants also include established technology, service and design companies and several new economy start-ups in China, such as VMware, Deloitte, AECOM and Agora.