Foreign-Funded R&D Centers to Get a Boost in Shanghai

2017/10/23

Shanghai released an announcement on Oct 16 to further encourage foreign-funded R&D centers to participate in the construction of the city's scientific and technological center. A total of 16 measures concerning global allocation and cross-border flow of innovative elements, intellectual property protection, overseas talents services, and services for foreign-funded R&D have been proposed. In addition, foreign-funded R&D centers can participate in the city's R&D public service platform construction, making it easier for the centers to use the city's large scientific facilities. Foreign-funded R&D centers have already become a major force in Shanghai's scientific and technological innovation center construction. By the end of August, the city was home to 416 such centers, accounting for nearly a quarter of the country's total.

Source: China Daily