Pudong to optimize ecosystem for innovation, entrepreneurship

Pudong New Area in Shanghai is pledged to further improve its ecosystem for innovation and entrepreneurship and push ahead with major scientific and technological infrastructure and R&D centers this year, local media reported on Feb 28.

Build an open, coordinated platform

In July 2018, an industrial innovation center focusing on technology transfer was established in Pudong, aiming to advance the transformation of scientific and technological achievements in the special district.

By the end of 2018, the newly-built center has invested in five projects in integrated circuits, biological medicine and artificial intelligence (AI).

"As the application of scientific and technological achievements forms an important part of industrial innovation, the center is set up to build an open and coordinated platform," said Tang Shiqing, director of the Pudong Commission of Technology and Economy.

This year, the center will ramp up efforts to spot quality projects in regional leading industries and foster new high-tech enterprises.