Going high tech with incentives for talent
PUTUO District is accelerating industrial transformation and upgrade and enhancing its innovation and business creation capabilities.
Priority is given to the development of smart manufacturing and smart services, particularly intelligent robots and smart lighting systems. The district is also supporting the construction of Tongji University Taopu Innovation and Industry Park.
Meanwhile, efforts are made to popularize Internet Plus technologies, promote trade online and offline, and develop cross-border e-commerce.
The Putuo District Science and Technology Commission held surveys and seminars at local universities, research institutes, high-tech parks and business incubators to find ways to spur innovation.
The human resources and social securities bureau formulated a set of incentive policies to attract talented professionals. For example, they will each receive 50,000 yuan (US$7,462.69) a year as a government grant for working at a post-doctoral research and innovation base.
A top-rate professional from abroad can receive a subsidy from 500,000 yuan to 2 million yuan for renting or buying a house in Putuo. Ordinary professionals can receive one-off subsidies between 20,000 yuan and 100,000 yuan each, according to district officials.
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