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Top American university shares its vision with Yangpu entrepreneurs
10.26.2017

    Yangpu District has cooperated with Massachusetts Institute of Technology as part of its drive to develop partnership with the world’s top universities to push its “entrepreneurship and innovation” campaign.

    The district government hopes such cooperation will also boost the “international flavor” of the northern downtown district to make foreigners starting up businesses or working in Yangpu feel at home, while attracting more talent from abroad.

    As part of the cooperation, about 10 MIT professors and researchers on biomedicine, mechanics and computer engineers are sharing cutting-edge technologies developed in MIT laboratories. The American delegates are attending the two-day 2017 MIT China Conference which started yesterday.

    The topics are technical, including those on “innovative energy, acoustical material, biotechnology and the artificial intelligence.”

    Organizers hope local startups will be inspired or find some valuable technologies through the speeches, according to the district government. AI, for instance, has become a popular choice for local startups.

    The MIT experts are also sharing successful startup projects in Massachusetts covering Big Data, 3D print and nanowires, a newly discovered material expected to be used for the next-generation computers.

    The Americans are giving guidance and suggestions to entrepreneurs and company officials based in Yangpu during the conference.

    The district government has signed an agreement with MIT to act as a bridge between Yangpu-based companies and the MIT Industrial Liaison Program, which helps enterprises to find appropriate resources from the university’s five colleges and 33 departments.

    Cooperation has been carried out on intelligent manufacturing, robotics, medical big data, urban infrastructure and traffic data analysis between the institute and local firms, said Wang Zhijun, director with the science commission of Yangpu.

    A technology startup named Techsun, for instance, which focuses on the development of anti-counterfeiting products has bought a batch of newly developed anti-counterfeiting equipment from MIT through the introduction of the liaison program, according to the government.

    The Yangpu government has “top level” membership on the MIT program, while local companies can opt to pay a membership fee to have “second membership,” allowing them to seek help and suggestions from MIT professionals anytime.

    Apart from MIT, Yangpu has cooperated with the council of America’s San Francisco Bay Area to bring Silicon Valley companies and universities to base in Yangpu and cooperate with the district’s companies.

    “Yangpu will pose a more open gesture to promote its international development,” said Li Yaping, deputy director with the district. “It aims to become a scientific and innovation center with global influence as well as a national base for entrepreneurship,” Li added.

    Shanghai is the biggest investment destination in China for over 2,000 German and French companies. Most of them are living and working in Yangpu, according to the district government.