Shanghai 2045: How China's Financial Capital is Reinventing Itself as a Global Innovation Powerhouse Section 1: The Innovation Economy BlueprintStrategic Framework (2025):• Core Industries: AI (¥487b), Biotech (¥392b), New Energy (¥418b)• R&D Investment: 4.3% of GDP (¥310b)• Patent Applications: 182,000 annually (38% international)• Te