The Jiading Industrial Zone in Shanghai signed a cooperation contract with iQiyi on Oct 17, showing momentum in local industry transformation and upgrading.
IQiyi, one of China's largest online video platforms, was launched online in April 2010. The company focuses on user experience and has made great efforts in production innovation and technical input.
Playing a core part in building Shanghai into a global science and technology innovation center, the Jiading Industrial Zone has seen rapid development in emerging industries including advertising, film and television.
It was expected that the Jiading Industrial Zone and iQiyi will carry out further cooperation in the media industry to promote its innovative development and increase the exposure of both parties.