To further promote and deepen China-Israel innovation cooperation, attract excellent Israeli start-up teams and businesses to develop in China-Israel (Shanghai) Innovation Park, and fully assist cutting-edge Israeli technology and potential enterprises to realize industrialization in China, the 2nd China Innovation and Entrepreneurship Contest was grandly held in Shanghai Global Hyatt Hotel in the morning of December 14.

The contest was hosted by China Science and Technology Exchange Center, Israel Innovation Authority, Shanghai Science and Technology Commission, Shanghai Putuo District People's Government and organized by Shanghai Science and Technology Exchange Center, Putuo District Science and Technology Committee, Taopu Smart City and Sino-Israel (Shanghai) Innovation Center, the event attracted nearly 400 people from national, Shanghai and Putuo District government authority, Israel Innovation Authority, Consulate General of Israel in Shanghai, domestic and foreign high-tech companies, investment and financing agencies, science parks, and media representatives to participate in the discussions.

       Wu Cheng, deputy director of China Science and Technology Exchange Center, Avi Luvton, executive director of Israel Innovation Authority in Asia-Pacific Region, Ariel Braverman, deputy consul general of Israel in Shanghai, Lu Min, chief engineer of Shanghai Science and Technology Commission, and Zhou Minhao, district mayor and deputy secretary of the Putuo District Committee, the Communist Party of China,  delivered speeches, and Gu Jun, a member of the Standing Committee of the CPC Putuo District Committee and deputy head of Putuo district, attended the meeting.

       In his speech, District Mayor Zhou Minhao said that Putuo District was accelerating the construction of the “China-Israel (Shanghai) Innovation Park Project” in accordance with directive instructions of national and Shanghai administrations to set up the China-Israel (Shanghai) Innovation Park Project in Shanghai and Putuo.

      In order to strengthen and build the atmosphere of innovation and entrepreneurship of Israel in Shanghai, we will take the opportunity of the second session of the China-Israel Innovation and Entrepreneurship Competition in the Shanghai Division (Intelligent Manufacturing Field) to make the best efforts to promote the integration of scientific and technological achievements. Attracting quality projects or teams to the “China-Israel (Shanghai) Innovation Park” and supporting them.

     Putuo will focus on promoting China-Israel innovation cooperation mechanism and actively act for achieving more cooperative results.

      District Mayor Zhou Minhao pointed out that innovation was DNA integrated into the blood of the Jewish nation, and the openness, tolerance and innovation were the most distinctive qualities of Shanghai.

       Putuo is an important onshore gateway and transportation hub for Shanghai to connect the Yangtze River Delta Region, which is the largest industrial base in China. Hence, China-Israel (Shanghai) Innovation Park is settled in Putuo, which features significant advantage for the connection to Israel's innovative resources and implementation of technological transformation to serve the industries in the Yangtze River Delta.

        District Mayor Zhou Minhao emphasized that Putuo District would center on the objectives of “foundation completion within one year, image building within three years, and efficiency achievement within five years”, and focus on the following three aspects of orientations and intensive building of the “China-Israel (Shanghai) Innovation Park”:

The first was to build the “catalyst” for the transformation of Israeli innovative achievements.

The second was to build the “carrier” for China-Israel innovative cooperation entities

       For the first phase of “China-Israel Innovation Park”, a three-year full tax-free and rent-free policy and subsidies for decorations will be implemented; the apartments for high-end talents not less than 10,000 square meters, cultural facilities in 35,000 square meters, and other educational and medical facilities will be planned to be built to provide high-quality services for the cooperative businesses stationed.

The third was to create a “promoter” for the 365-day annual release of innovative and cooperative projects.

        The exhibition website for Innovation and Entrepreneurship Contest and the release platform of China-Israel Cooperation Project will be completed to release technical achievements of the contest and the transformation and implementation information and to show deal fruits of China-Israel cooperative technologies.

Finally, District Mayor Zhou Minhao hoped the contestants and participating companies would conclude close relationships, achieve partnerships and get full success.

Mr. Zhou hoped that the award-winning projects would be settled and developed well in Putuo as innovative and entrepreneurial companies.

      And he hoped that the Ministry of Science and Technology of the People's Republic of China, China Science and Technology Exchange Center, and Shanghai Municipal Science and Technology Commission would continue guiding and supporting the construction of “China-Israel (Shanghai) Innovation Park” in Putuo, and help in terms of making the teams of scientists stronger and establishing the funds in the park.

      The 2nd China-Israel Innovation and Entrepreneurship Contest aimed to select innovative Israeli innovation technologies most suitable for being implemented in China in the manner of layer-by-layer screening.

      These 28 outstanding Israeli companies visiting Shanghai for the contest were selected from the nearly 300 participating companies through two screens and eliminations of preliminary rounds in Tel Aviv in Israel, and they respectively came from three major fields including intelligent manufacturing, information and communication technologies and life sciences.

      Newsight Imaging, Mir Integral and Out of Screens finally won the top three in the field of intelligent manufacture through the project roadshow and review of experts at the final stage.

     In the meantime, B2B project negotiation events were conducted in the roadshow hall. The 400 high-tech enterprises and venture capital agencies of China and Israel conducted in-depth exchanges and discussions on the cooperative projects of intention, receiving enthusiastic responses and remarkable effects.

    Putuo District Commission of Science and Technology will actively communicate with the companies desiring to implement the projects, focus on solving the demands of such companies on funds, policies and services, and properly provide the business services together with Putuo District Market Supervision Administration and Putuo District Intellectual Property Office to properly conduct the business services, and work together with Taopu Smart City to properly implement the sites of project, organize investment and financing institutions in the district to do a good job of project connection, and comprehensively and multi-levelly do a good job in the project service for Israeli side to ensure that the technical achievements are implemented and transformed and generate benefits as early as possible.

 In addition, concurrent forum, namely the 4th China-Israel Innovation Cooperation Event was also launched at Shanghai Global Hyatt Hotel, Wang Zhen, the director of Shanghai Science and Technology Exchange Center, and Dai Liyi, the vice president of East China Normal University attended the meeting and delivered speeches. Nikola Zivlak, associate professor of Lyon Business School from France, ItayKatzav, the operations director of Israeli Gav-Yam Negev Hi-Tech Park, Chen Xiaogang, managing director of Infiniti and other guests attended the event, and Alibaba and other companies gave keynote speeches.