PR89588

BEIJING, May 19, 2021 /PRNewswire=KYODO JBN/ --

As digitalization becomes a major development trend, Shanghai strives to build

a digital city and fully support innovation and entrepreneurship with more

opportunities provided, better conditions, and a better environment, according

to the second Shanghai Y50 Forum for Innovation and Entrepreneurship held on

May 15 in east China's Shanghai.

Initiated from April 2020, this year's forum themed at "Thriving in Shanghai

and Scoring New Heights - Innovation Synergizes Strength for Shanghai's

Digitalization", providing young entrepreneurs with a platform to share their

ideas and becoming a powerful booster and new business card for Shanghai youth

innovation and entrepreneurship.

Shanghai is expected to be turned into a testing ground for new technologies,

allowing entrepreneurs to make innovations, according to Wu Qing, Vice Mayor of

Shanghai.

In fact, aimed at building a digital city with world influence, Shanghai is

working hard to set up the framework of the digital city by breaking through

the bottlenecks of data applications and activating the development of

application scenarios.

To accelerate the promotion of digital industrialization and industrial

digitization, Shanghai proposed to accelerate the construction of world-class

digital industrial clusters such as integrated circuit and artificial

intelligence. Statistics released by the Shanghai Integrated Circuit Industry

Association showed that in 2020, Shanghai's integrated circuit industry has

achieved sales revenue of 207.133 billion yuan, with a year-on-year increase of

21.37 percent.

Regarding the digitalization of life, Shanghai clearly proposed to create a

convenient digital public service system, enrich the supply of digital cultural

and creative industries, and guide market players to participate in digital

transformation scenarios, stimulating the vitality of city with digitization.

In terms of digital transformation of public infrastructure, Shanghai will

deepen the construction of the Integrated Online Platform and relevant unified

management, further improve the homepages of the Platform for citizen and

enterprise users with high-efficiency, Wu said.

In the future, Shanghai will speed up the opening of data scenarios and further

promote the digital transformation of all aspects and fields such as

manufacturing, technology research, financial service, and trade circulation,

Wu added.

During the forum, the Shanghai 50 Youth Innovation and Entrepreneurship

Institute was also established, promoting the standardized and

institutionalized operation of the forum and creating a better business

environment for innovation and entrepreneurship in Shanghai.

See the original link: https://en.imsilkroad.com/p/321574.html

SOURCE: Xinhua Silk Road

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=391487

   Caption: Photo taken on May 15, 2021 shows the second Shanghai Y50 Forum For Innovation

and Entrepreneurship held in east China's Shanghai.