Global startups compete in Shanghai's Pudong

Aside from the competition, a Sino-French techmeeting featuring future transportation and artificial intelligence was also held on the sideline.

Having held the innovation and entrepreneurial competition for four consecutive years, Pudong to date has introduced nearly 30,000 foreign-funded enterprises, 281 regional headquarters of multinational corporations, and more than 230 R&D centers of foreign-invested enterprises, according to a local official.