Big deals with JD Health, Porsche inked

An artist’s rendition of the Porsche China R&D Center in Jiading

Yu Chao and Hu Min

JIADING signed two heavyweight agreements, injecting new momentum into the suburban district’s development.

One of the deals was signed with JD Health international inc, involving JD instant de-livery pharmacy business and JD medicine project.

JD instant delivery phar-macy is an online-offline integrated medical retail and marketing platform under JD Health.

To further meet the de-mand of shanghai users for convenient medical service and medicine purchase, rely-ing on offline self-operated pharmacies and online plat-forms, JD Health has explored and innovated a new model of medical security service.

In 2025, it plans to set up a new drug retail chain enterprise entity and build a new medical warehouse in shanghai, and open 105 directly-operated pharma-cies, with an area of about 100 square meters for each store.

In april, it set up a drug retail enterprise in Jiading industrial Zone, carrying out online-offline drug retail business under the business model of “self-operated phar-macy plus drug warehouse,” in and around shanghai and its surrounding areas.

over the past 20 years, JD has laid out business segments such as retail, lo-gistics, technology, finance, and industrial internet in Ji-ading, and established more than 20 enterprises.

JD regards health as the core segment of the group’s business expansion and in-novative development, which highly coincides with Jiad-ing’s key industrial layout.

Meanwhile, porsche China R&D Center project agree-ment was also signed, marking a historic upgrade of porsche’s R&D system in

China and a new stage of its localization and innovation strategy, which will inject stronger momentum into Jiading to build a global auto-motive industry innovation highland.

The center will integrate relevant core entities of porsche in China and incor-porate the functions of local procurement and quality as-surance to build a complete R&D chain system.

This integration has achieved a major upgrade of “local R&D, local pro-curement and local quality control,” which means the re-definition of the German automaker’s R&D strategy for the Chinese market.