Oriental Hub International Business Cooperation Zone is planning to build platforms such as science and technology innovation research and development incubation bases.

On February 25th, the Shanghai Municipal Government held a press conference to introduce the progress of the first exhibition of the Oriental Hub International Business Cooperation Zone and the development of the consumer electronics industry. According to the Securities Times reporter, within the Oriental Hub International Business Cooperation Zone, planning is underway to build platforms such as a sci-tech innovation research and development incubation base, a medical device training, display, and trading center, and an innovation center to support key industries like biomedicine, integrated circuits, and artificial intelligence. Leveraging policies that facilitate international personnel entry and exit and duty-free import of equipment, companies can efficiently collaborate with international R&D teams, conduct technical exchanges, joint innovation, and成果转化. Relying on policies to expand the opening of the service industry, enterprises can explore innovations in offshore trade, service trade, and digital trade, strengthen professional services such as accounting, legal, financial, consulting, and testing, introduce high-level international medical resources, and promote high-quality “bringing in” and “going out.” (People’s Financial News)