A total of 541 companies in Shanghai's Pudong New Area have been recognized as hi-tech enterprises in 2016, accounting for nearly a quarter of the city's total number.
President Xi Jinping said China will continue to open up in all respects, particularly in further liberalizing and facilitating trade and investment, while calling on Sunday for Shanghai to take a leading role in deepening reform and boosting innovation.
An entrepreneurship workshop in Shanghai's Zhangjiang area, Pudong district, recently hosted an activity to introduce investors and startups.
The Alliance of Shanghai Science and Technology Innovation was officially launched on Feb 21.
Shanghai will strengthen its support and improve its services for foreign enterprises, said Ying Yong, mayor of Shanghai.
A biomedicine-focused training center, jointly launched by Shanghai Zhangjiang Biotechnology Co and Waters Corporation, a global biomedicine solution provider headquartered in Milford, Massachusetts, was recently inaugurated in Shanghai's Zhangjiang High Tech Park, Pudong Time reported on Feb 21.