A Microsoft Accelerator in Shanghai is contributing to the city’s innovation plans.
Political leaders in Shanghai want the Chinese city to be a ‘global innovation centre in science and technology’ by the end of this decade and an ‘eco-friendly metropolis’ that is home to 25 million by 2035.
The Microsoft Accelerator Shanghai, launched a year ago, has graduated 29 startups developing products using frontier technologies, including artificial intelligence, big data, cloud computing and the internet of things.
James Chou, CEO In-Residence of Microsoft Accelerator Shanghai, said: “We provide comprehensive innovation and startup services to contribute to Shanghai’s supply-side structural transformation. With help from Shanghai and partners, we are able to attract more top technology startups and link their technologies with Shanghai’s 2020 target.”
Tech innovation lies at the heart of Shanghai’s vision for creating a ‘people-centred’ city.
“China is a key driving force leading the global economy’s structural transformation, with startups at the core. Microsoft is building a global network of startups that can also contribute to China’s long-term sustainable growth,” added Hsiao-Wuen Hon, CVP of Microsoft and Chairman of Microsoft Asia-Pacific Research and Development Group.