Call for foreign firms to help pool wisdom for Shanghai


SHANGHAI: Amid Shanghai’s continued efforts to deepen international cooperation in terms of research and development, multinational companies should be better integrated into the city’s innovation network, which would be conducive to the city’s high-quality development, say officials and company executives.

They said this on Sunday during the 36th International Business Leaders’ Advisory Council for the Mayor of Shanghai.

Shanghai party secretary Chen Jining said that as technological innovation has been playing an increasingly important role in driving economic growth, Shanghai will expand its science and technology exchanges with other markets.

“Efforts will be made to develop offshore technological innovation,” noted Chen, adding that a foundation to advance coordinated technological innovation at a global level will be built in the Lin-gang Special Area of the China (Shanghai) Pilot Free Trade Zone.

International organisations are also encouraged to set up branches in the city, and all these steps are aimed at nurturing an open, fair, just, and nondiscriminatory environment for technological innovation, he added. Shanghai Mayor Gong Zheng said the scientific research paradigm is undergoing changes. — China Daily/ANN

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China , Shanghai , MNCs , R&D , economic

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