Why seize the opportunity of the metaverse | Observation of characteristic parks ⑥, 40 year old Caohejing Development Zone Development Zone | Enterprise | Park

Release time:Apr 14, 2024 13:38 PM

"Xujiahui is surrounded by the anime." On May Day this year, the new game "Collapse: Star Dome Railway" of Miha Tour landed in the Xujiahui business circle in the form of the theme exhibition "Galaxy Gathering", and the scene in the city "Beloborg" in the game was also 1:1 restored, attracting countless "anime" fans to punch in.

In recent years, domestic game giants have launched offline marketing, including miHoYo, Yingjiao, and Lilith. The Xujiahui business district has also become a "new battlefield" for game companies in the media. These game companies all come from the same place: the Xuhui headquarters of Caohejing Development Zone, which is less than 5 kilometers away from Xujiahui.

At the beginning of last year, Xuhui became the first urban area in Shanghai to include the "metaverse" in the government work report; Six months later, the first batch of key metaverse characteristic industrial parks in Shanghai, Caohejing "Yuanchuang Future" Metaverse Industrial Innovation Park, were officially launched. This is not a newly built park, but rather a new industrial linkage formed by overlaying the Beiyang Artificial Intelligence Innovation Center under construction on the basis of the Xuhui area of the Cao Development Headquarters. At the same time, the challenge of spatial limitations and industrial upgrading faced by the Caohejing Development Zone after 40 years of development has been solved.


Why seize the opportunity of the metaverse | Observation of characteristic parks ⑥, 40 year old Caohejing Development Zone Development Zone | Enterprise | Park

Photo by Gu Zhenhua from Caohejing Development Zone Headquarters

Talent and industrial accumulation nurture the "metaverse"

Chen Yulin has been working in the gaming industry for over 20 years. In 2021, he promoted the establishment of Qujia Interactive Entertainment and relocated the company to the Xuhui headquarters of Caohejing Development Zone. As a gaming company with representative works in specific fields, Qujia Interactive Entertainment's two key factors in choosing Caohejing Development Zone are talent reserves and industrial atmosphere. Tencent, NetEase, ByteDance, Shangtang, Kwai, Mihayou, Ubisoft Entertainment, Lilith, Yingjiao... Currently, there are about 200000 white-collar workers in the Xuhui Block of Caohejing Development Zone, with more than 20000 employees in the game field, becoming an important gathering place for Internet talents in Shanghai. "Even fresh graduates are willing to choose this place for internships."


Why seize the opportunity of the metaverse | Observation of characteristic parks ⑥, 40 year old Caohejing Development Zone Development Zone | Enterprise | Park

Behind the abundant talent supply system lies a profound industrial accumulation. The Caohejing Development Zone currently gathers about 60% of Shanghai's gaming enterprises and industry output value. Along the Rail Transit Line 9, it has initially formed the core belt of Shanghai's digital entertainment industry, gathering about 150 leading gaming enterprises. The annual revenue of Mihayou alone exceeds 30 billion yuan, and it attracts a large number of high-level talents from both domestic and foreign sources to the Caohejing area every year.

Mi Ha You's offline activities in the Xujiahui commercial district. It has been a year since the release of "Yuanchuang Future", and Zhou Yu, assistant to the general manager of Caohejing Management Company, told reporters that many gaming companies are requesting to expand their leases, and there are also new leading companies being introduced. At the beginning of this year, MiniMax, known as the most highly valued startup company in the domestic model entrepreneurship trend, officially settled in the Caohejing Development Zone. The company has pioneered a general large model engine integrating text, voice and vision in China, making the park play a leading role in the AIGC industry.

The first thing that caught the attention of "Cao Development" and Xuhui District was the investment in MiHoYou, a new startup company, in MiniMax. "The radiation and agglomeration effects of chain owners' enterprises have made the ecosystem of the metaverse industry in the 'Yuanchuang Future' park more professional and in-depth," said Zhou Yu.


Why seize the opportunity of the metaverse | Observation of characteristic parks ⑥, 40 year old Caohejing Development Zone Development Zone | Enterprise | Park

As an entry point for talent and resources in the metaverse industry, game companies are only one of the confidence factors for Xuhui and Caohejing Development Zone to jointly build the metaverse industry park. According to statistics, there are currently more than 14000 domestic and foreign high-tech enterprises in the Caohejing Development Zone, including over 1200 metaverse related enterprises. The annual revenue of only 50 core enterprises is about 95 billion yuan, and they have covered all six legs of the metaverse "big ant" industrial structure such as blockchain, interaction technology, games, artificial intelligence, network and computing, and the Internet of Things.

Since the beginning of this year, the park has also successfully introduced enterprises such as Changxin Storage, Shurui Technology, which is a benchmark for da Vinci surgical robots in the United States, Xindi Digital, a leading domestic CAD software research and development company, and Granular Technology, a leader in the development of next-generation computer graphics rendering engines. The gradually formed ecosystem of industry, education, research, finance, service, and utilization within the park has supported the high-quality development of the metaverse industry.

Xuhui Block, Caohejing Development Zone Headquarters


Why seize the opportunity of the metaverse | Observation of characteristic parks ⑥, 40 year old Caohejing Development Zone Development Zone | Enterprise | Park

Metaverse assists entities

At this year's World Artificial Intelligence Conference, Mofa Technology, headquartered in Xuhui, made its debut at the main venue of the World Expo Center. The enterprise booth was surrounded by professional visitors every day.

According to the relevant person in charge of Mofa Technology, in mid August, Mofa Technology will officially release three super realistic and realistic AIGC consumer grade products, including the "Youyan" virtual human video platform, the "Youguang" virtual human live streaming platform, and the "Youling" virtual human service platform. These three products have already provided their first experience during the conference. The spillover effect of the conference has also extended to the Caohejing Development Zone where the enterprise is located. "Many upstream and downstream enterprises are seeking technology and product cooperation."


Why seize the opportunity of the metaverse | Observation of characteristic parks ⑥, 40 year old Caohejing Development Zone Development Zone | Enterprise | Park

As a leading enterprise in the virtual human race, Mofa Technology has seen the concepts and cognition that need to be clarified in the industry: digital humans and virtual humans are not the same. "Digital humans mainly rely on real person dynamic capture, while virtual humans are created entirely from scratch, through continuous ability training, and ultimately combined with the business needs of enterprise customers." The enterprise leader introduced that the ultra realistic 3D virtual humans created by Mofa Technology, with multimodal AIGC technology as the core, can achieve a leap from literary and graphic works to literary videos, live broadcasts, and interactive virtual human works.

Audiences watch AIGC anthropomorphic videos. Image provided by Mofa Technology

Over the past year, not only enterprises, but also Xuhui District and Caohejing Development Zone have been pondering the same question: what exactly is the metaverse.


Why seize the opportunity of the metaverse | Observation of characteristic parks ⑥, 40 year old Caohejing Development Zone Development Zone | Enterprise | Park

Games are currently a common port for most people to have direct access to the metaverse. In Chen Yulin's view, the value of games in the metaverse is no longer just entertainment tools, but can drive technology and scene iteration, and effectively serve entities. "The gaming industry has greatly promoted the development of chips and graphics cards since the PC stage. Intel, Alcatel, and others have come up with their best technologies for adaptation. In the era of mobile gaming, games have become one of the most convenient integration carriers for computing power breakthroughs and big data applications. Even new smartphones choose the most complex games for performance testing."

The Jiudian Water Art Museum, located at the headquarters of Qujia Interactive Entertainment Caohejing Development Zone, is hosting a metaverse art exhibition. Enterprise image supply

At present, the forward-looking layout of "Yuanchuang Future" providing strong support for new tracks such as the metaverse has gradually become clear. It is reported that Caohejing Development Zone has established a metaverse industry fund to support metaverse enterprises through financial means, strengthen investment promotion, and provide more support for small and medium-sized enterprises that are at the forefront of individual vertical fields but lack investment in front-end computing power and security networks. With the help of the new information infrastructure layout planned by Xuhui on the west bank and Caohejing Development Zone, the "Yuanchuang Future" park will also strengthen the construction of computing power centers and optoelectronic networks, and advance the layout of technology and scene iteration brought by the metaverse.


Why seize the opportunity of the metaverse | Observation of characteristic parks ⑥, 40 year old Caohejing Development Zone Development Zone | Enterprise | Park

Xuhui Block, Caohejing Development Zone Headquarters

Enterprise demand drives urban renewal in industrial parks

Zhou Yu introduced that for metaverse enterprises, general scientific research carriers can already meet the needs of office work and technological research and development. However, many enterprises also aspire to have more diverse landing scenarios in the park, such as commercial carriers, and platforms for offline display and interaction of virtual technology. This is why Miha Youyou frequently cooperates with Meiluocheng, Xujiahui, to release new blockbuster IP works such as Genshin Impact in the latter's naked 3D ball screen, and to promote the consumption diversion of 2C end offline.


Why seize the opportunity of the metaverse | Observation of characteristic parks ⑥, 40 year old Caohejing Development Zone Development Zone | Enterprise | Park

The demand of metaverse enterprises for new industrial carriers has indirectly driven the urban renewal process of Caohejing Development Zone. Due to space limitations in the city center filming area, Mofa Technology has set up its studio in the suburbs of Shanghai. The reporter learned that game companies that frequently engage in animation capture typically require shooting tracks that exceed 200 meters in length and require industrial factories with large flat floors and high spans for filming. Enterprises in the field of wearable devices and component manufacturing also need to break through traditional 4.5 meter tall factories and conduct research and development of robotic arms and other equipment in spaces with floor heights of 6-7 meters or even higher.

The Caohejing Development Zone, which has to "serve the elderly" on the carrier of existing space, has launched an exploration of "industrial upgrading". It is expected to launch an urban renewal and redevelopment project with a scale of over 100000 square meters this year, constructing new factory buildings mainly for industrial products in the fields of electronic devices, biomedical devices, Xinxing electronic information, metaverse, etc., and achieving intensive land use of characteristic industrial parks in the central urban area. A batch of old industrial buildings that are not confused about their age will also be renovated one after another to meet the needs of new manufacturing enterprises in terms of load, passenger and freight elevator configuration, lifting platform configuration, and other aspects.

North Yang Artificial Intelligence Innovation Center rendering provided by Xuhui District


Why seize the opportunity of the metaverse | Observation of characteristic parks ⑥, 40 year old Caohejing Development Zone Development Zone | Enterprise | Park

As an important carrier space for expanding the metaverse industry in the Caohejing Development Zone, the Beiyang Artificial Intelligence Innovation Center located in Huajing Town, Xuhui, will receive project delivery starting next year. The "AI Town" with a total construction area of 1.15 million square meters and a total investment of 17.1 billion yuan includes Grade A office buildings, courtyard style small garden office buildings, supporting rental housing, primary schools, and kindergartens, which will effectively fill the existing supporting shortcomings of the development zone headquarters. Another urban renewal project worth looking forward to is the approximately 1.3 million square meter Xuhui headquarters of Caohejing Development Zone, which will explore new paths, models, and experiences for the renewal of super urban industrial parks around the "Caohejing Yuanchuang Future Center".

Entering the era of "Yuanchuang Future", Caohejing Development Zone has once again taken the lead in transformation.

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