Shanghai wants to attract and retaining more talented people to provide intellectual support for building a science and technology innovation center.
Increase science and technology expenditures with a worldwide focus, giving priority to a national science center and innovation platforms, and Shanghai’s major strategic projects.
Let the market decide the salary and taxes of talent from overseas adjusted to salary standards.
Several opinions on Encouraging the Development of Foreign-funded Research and Development Centers in Shanghai (2015)2016-02-04
The Several opinions on Encouraging the Development of Foreign-funded Research and Development Centers in Shanghai (as the "Opinions") set guidelines on matters ranging from work mechanisms, cooperation innovation, scientific research projects, intellectual property, customs clearance and inspection, to introduction of professionals and fiscal and taxation policies to establish a more internationally based mechanism and support the development of foreign-funded research and development centers. They took effect on Nov 1, 2015.
The 12 exit-entry measures were formulated by the Ministry of Public Security of the People's Republic of China for attracting talent to Shanghai for its construction into a science and technology innovation center.
Improving FTZ's Financial Innovation Units and Speeding up Shanghai's Construction for an International Financial Center (2015)2016-02-03
To follow the decisions of the Party Central Committee and the State Council on financial openness, innovation, and experimentation of the China (Shanghai) Pilot Free Trade Zone (FTZ) and improve construction work on the Shanghai to be an international financial center.