China Daily (Canada) - - SHANGHAI -

As part of ef­forts by the Zhangjiang Ad­min­is­tra­tive Ser­vice Cen­ter and the USChina Part­ner­ship Com­mit­tee to boost bi­lat­eral ex­changes on in­no­va­tion, an en­ter­prises park in Bos­ton is ex­pected to open its doors on Feb 26. It will serve as a plat­form for the train­ing of cre­ative tal­ent, cut­ting-edge in­no­va­tion, tech­no­log­i­cal re­search and de­vel­op­ment, in­ter­na­tional mar­ket­ing and co-de­vel­op­ment, as well as an in­cu­ba­tor for en­ter­prises. The Zhangjiang Ad­min­is­tra­tive Ser­vice Cen­ter is the ad­min­is­tra­tion body of the Zhangjiang Hi-Tech Park, one of China’s first state-level high-tech zones ap­proved by the State Coun­cil.

Vis­i­tors from 51 coun­tries can now en­joy a 144-hour visa-free stay in Shang­hai. The new visa pol­icy, which took ef­fect on Jan 30, is ap­pli­ca­ble to peo­ple from coun­tries such as the United States, Ja­pan, South Korea, France and Ger­many. Res­i­dents from Jiangsu and Zhe­jiang provinces are also el­i­gi­ble for the visa-free pe­riod. Ap­proved by the State Coun­cil, the new pol­icy demon­strates the cen­tral govern­ment’s sup­port in ac­cel­er­at­ing de­vel­op­ment of the Yangtze River Delta re­gion. Shang­hai, Hangzhou (cap­i­tal of Zhe­jiang prov­ince) and Nan­jing (cap­i­tal of Jiangsu prov­ince) have since 2013 had a 72-hour visa-free en­try for in­ter­na­tional vis­i­tors.

Busi­ness star­tups in Shang­hai re­ceived 19 per­cent of the na­tion’s to­tal an­gel in­vest­ments in 2015, 2 per­cent­age points higher than in 2014. Ac­cord­ing to a re­port jointly pub­lished by the Shang­hai Tech­nol­ogy En­trepreneur­ship Foun­da­tion for Grad­u­ates and Chi­naVen­ture In­vest­ment Con­sult­ing Group, there were 985 an­gel in­vest­ments in China be­tween Jan­uary and Septem­ber last year, a growth of 7.2 times. The to­tal in­vest­ment of 9.6 bil­lion yuan ($1.5 bil­lion) in China also ac­counted for a 17.8-fold in­crease from the pre­vi­ous year. For the past few years, US star­tups have re­ceived about $20 bil­lion in an­gel in­vest­ments an­nu­ally.

The life ex­pectancy of Shang­hai’s per­ma­nent res­i­dents hit a record high in 2015: 82.75 years. That’s six months more than a year ear­lier, ac­cord­ing to the Shang­hai Mu­nic­i­pal Com­mis­sion of Health and Fam­ily Plan­ning. Women lived an av­er­age of 85.09 years, sur­pass­ing 85 for the first time. Men lived an av­er­age of 80.47 years. The city’s ma­ter­nal mor­tal­ity rate last year was 6.66 per 100,000 and in­fant mor­tal­ity was 4.58 per 1,000. The in­dexes showed Shang­hai has ranked among the world’s most ad­vanced cities for 12 con­sec­u­tive years.

New York City’s Em­pire State Build­ing is mark­ing the Chi­nese Lu­nar New Year with fes­tive light­ing, a win­dow dis­play and fire­works along the Hud­son River. It’s the land­mark’s 15th con­sec­u­tive trib­ute to the hol­i­day. A spec­tac­u­lar fire­works show was held the night of Feb 6, the day be­fore Chi­nese New Year’s Eve. On the ground floor of the iconic build­ing, a win­dow ex­hi­bi­tion in­spired by the Mon­key King, the main char­ac­ter of the his­toric Chi­nese novel Jour­ney to the West, opened on Feb 2 to mark the Year of the Mon­key.

Newspapers in English

Newspapers from China

© PressReader. All rights reserved.