Pudong to be­come hot­bed for tech in­no­va­tion

China Daily (Canada) - - FRONT PAGE - By YU RAN in Shang­hai

yu­ran@chi­nadaily.com.cn

An off­shore over­seas tal­ents base will be launched in Shang­hai’s Pudong dis­trict, as a part of new mea­sures re­leased by the dis­trict gov­ern­ment to de­velop the city into a global cen­ter for tech­nol­ogy and in­no­va­tion.

The 30,000-square me­ter base will be lo­cated in the China (Shang­hai) Pi­lot Free Trade Zone, where the dis­trict gov­ern­ment is plan­ning to hold fu­ture tech­no­log­i­cal ex­changes with global high­tech lead­ers from Sil­i­con Val­ley in the United States and Tel Aviv, Is­rael. The Pudong gov­ern­ment will also be work­ing to de­velop the Zhangjiang hi-tech park into the pre­miere tech zone in China.

One of the perks of this new base is that com­pa­nies within can now ac­quire off­shore fi­nanc­ing or de­velop their prod­ucts in off­shore lab­o­ra­to­ries.

“Some re­search projects car­ried out by com­pa­nies in Pudong can ac­quire ma­te­ri­als and fund­ing from off­shore sources,” said Ge Sip­ing, the deputy di­rec­tor of the Or­ga­ni­za­tion Depart­ment of Pudong dis­trict, dur­ing a news con­fer­ence on Au­gust 5.

Some of the latest mea­sures also in­clude pro­vid­ing tal­ents with easy en­try and exit to China, fi­nan­cial ser­vices as well as ac­com­mo­da­tion and lifestyle fa­cil­i­ties.

“We are aim­ing to form a free port for in­ter­na­tional tal­ents and be­come a hot­bed for en­trepreneurs by 2020,” said Sun Ji­wei, the head of Pudong dis­trict.

The new mea­sures stip­u­late that gov­ern­ment agen­cies are now al­lowed to re­cruit high-level in­ter­na­tional tal­ents to par­tic­i­pate in the gov­ern­ment-re­lated projects. Lo­cal gov­ern­ment of­fi­cials are also per­mit­ted to hold a po­si­tion in global com­pa­nies and re­ceive train­ing by gov­ern­ment de­part­ments and multi­na­tional or­ga­ni­za­tions in for­eign coun­tries like the US and Sin­ga­pore. A global train­ing cen­ter for gov­ern­ment of­fi­cials will be launched in the dis­trict as well.

“This off­shore over­seas tal­ents base is not just for those in tech com­pa­nies and re­search in­sti­tu­tions. It is also a place for dis­trict gov­ern­ment of­fi­cials to gain an in­ter­na­tional per­spec­tive,” said Sun.

In ad­di­tion, the fi­nan­cial man­age­ment reg­u­la­tions for high-level tal­ents will be eased. It will now be eas­ier to get for­eign ex­change set­tle­ments and ap­ply for shares from over­seas and off­shore com­pa­nies to make roundtrip in­vest­ments. A green chan­nel with loos­ened poli­cies for over­seas tal­ents to ex­change and bring in for­eign cur­rency will also be set up in Pudong.

“Pudong will play the role of at­tract­ing top tal­ents and ra­di­at­ing global in­no­va­tive el­e­ments. It will be­come the de­vel­op­ment cen­ter of the in­no­va­tion in­dus­try and in­spire cre­ative thought in five years,” said Sun.

GAO ERQIANG / CHINA DAILY

French street artist Julien Seth Mal­land has left his mark in Shang­hai again, this time at a de­mol­ished site near Fux­ing Mid­dle Road. Mal­land caught the at­ten­tion of Shang­hai res­i­dents late last year when he and sev­eral artists left graf­fiti paint­ings in a ru­ins along Kangding Road. Im­ages of the French­man's col­or­ful and child­like draw­ings of chil­dren and adults, fused with strong lo­cal fea­tures, have fre­quently been shared on Shang­hai's so­cial media plat­forms. The 42-year-old Parisian has been paint­ing in the streets in Europe and South Amer­ica since the mid-1990s.

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