Shanghai: International Innovation Hub of China (Written for Intralink)

Shanghai was the first city in Asia to have electric street lamps, making it the most modern Asian city more than a century ago. It is also where we will begin to explore innovation hubs all over China, including Beijing, Hangzhou, Shenzhen, Nanjing, and Guangzhou, the top cities we recommend for startups and innovative technologies.

Shanghai Background“Shanghai is the home of 701 multinational headquarters and 451 R&D centres,” according to James Chou, CEO & Managing Director of Microsoft for Startups in Greater China Region, Japan & Korea, “we help Fortune 500 companies execute Open Innovation programs by connecting the enterprise’s internal digital transformations needs with our portfolio startups.” As the city with the highest concentration of foreign companies in China, many global companies have set their Chinese accelerators in Shanghai, including Honda Xcelerator, Shiseido’s Beauty Innovation Hub, Fung Group’s Explorium, Johnson & Johnson’s JLabs, Medtronic’s Mlab, and many more.Historically, Shanghai had the geographical advantage of being accessible by sea, which made it home to the British Settlement and French Concessions in the 1800’s. Now, it continues to be China’s international hub with the Shanghai Port – the world’s busiest container port by cargo capacity, and Shanghai Stock Exchange – the world’s fourth largest by market capitalization.

Read the full English original post here: http://www.intralinkgroup.com.cn/blog/shanghai

Japanese translated post here: https://intralink.co.jp/blog/shanghai/