Shanghai government stimulates investing in start-ups

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Summary Since February, the Shanghai government compensates investment firms for losses incurred while investing in early stage and seed funded tech startups. Goal is to encourage local entrepreneurship, especially those that bring “global impact” and “innovation” to the tech industry in China. Full message The Shanghai Science and Technology Committee (STCSM), together with the city’s finance bureau and its development …

Outcome Innovation Seminar oct. 2015

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Innovation Delegation In the end of October a delegation from the Netherlands visited Shanghai. We believe that the aim of this mission was to open the eyes for new opportunities, open the eyes for innovation. An aim our office highly encourages. On the last day of the missions visit we organized an innovation seminar which highlighted the potential of free …

Automotive Industry in China

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Technological developments Following three decades of rapid growth, China is the world’s largest automotive market and automotive manufacturing country since 2009. In 2014, the total output was 20 million and sales of vehicle units exceeded 23 million. This is larger than the North American and European markets combined. With respect to technological developments, China takes international trends into considerations, for …

Research Intelligence points at Asia Pacific

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The Elsevier group, Times Higher Education and Fudan University hosted an international conference on research intelligence in Shanghai. University rankings were vigorously discussed. On June 11 2015, the Times Higher Education (THE) launched this years’ Asia University Ranking. On the same day, the Elsevier group, THE and Fudan University hosted an international conference on research intelligence. This event was attended …

China to build up to 8 nuclear power plants in 2015

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The China Nuclear Energy Association revealed that six to eight additional nuclear power stations will start construction in 2015. Furthermore, eight new nuclear plants will be connected to the grid this year. The new nuclear power stations that will be put online this year and the construction of up to eight more will help China achieve its goal of having …

Private firms in China given permission to import oil

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China’s State Council has given its permission for private firms to import crude oil. This year it allows 10 private companies to import up to 30 million tons of crude oil as part of the government’s liberalization policy. The 10 enterprises will be granted oil-import franchises, allowing them to import oil through the China National Petroleum Corporation and Sinopec. Last …

Technology partnering between China and the Netherlands on Advanced Materials

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‘New materials’ is one of the seven priority industries of China’s 12th five year plan. Also in the Netherlands the Dutch public and private sector focus on advanced materials. Both countries know leading companies, universities and institutions in this field. Therefore the Netherlands Office Science and Technology organized a seminar on ‘Advanced Materials’. Representatives of Shanghai Institute of Ceramics (SIC), …