Thirty-two awards were given out at Shanghai's first postdoctoral innovation and entrepreneurship competition held on Aug 28.
Scientists are becoming more and more popular with venture capitalists and an increasing number of scientists are becoming professional investors.
China's high-tech hub Zhangjiang in Pudong New Area, Shanghai, is set to further develop core technologies and industries to help realize the central government's blueprint for Pudong.
Shanghai has been a magnet for global sci-tech talents for its all-embracing city spirit, its profound sci-tech background, as well as its first-rated education and medical resources.
China is set to give full play to the Pudong New Area's key role in high-level reform and opening-up, aiming to build it into a leading area for socialist modernization, according to a guideline released on Thursday.
Shanghai announced a municipal artificial intelligence plan that will look into rule changes related to digital technology, promote the establishment of technical standards and regulations and form a mechanism for monitoring risks and issuing early warnings.