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International Focus: Shanghai


Shanghai District Tests 5G Network

The Hongkou district of Shanghai hosted a trial run of a 5G network as well as a gigabit broadband network, supported by China Mobile. Shanghai Vice Mayor Wu Qing kicked off the test in March with the 5G network’s first video call on a Huawei Mate X handset. Shanghai hopes to build more than 10,000 5G base stations by the end of 2019.

 

Medical Tech Accelerator Launches in Shanghai

Ireland-based Medtronic recently launched an accelerator focused on early-stage medical technology companies. The Medtronic MedTech Innovation Accelerator — based in Shanghai but aimed at supporting med tech startups across the globe — will focus on medical applications related to artificial intelligence
and robotics.

 

Shanghai Forms Smart City Partnership

The city of Shanghai has established a partnership with the MXC Foundation — a Berlin-based startup with a focus on blockchain technology — that will see the Yangpu district as a testbed of smart city and IoT technologies. “Our agreement with the MXC Foundation will accelerate industrial innovation and provide technical support for the development of smart cities in the Shanghai Yangpu District,” according to Ma
Qing, vice deputy director of the Science and Technology Committee of Yangpu District.

 

Shanghai Stock Exchange Prepares to Launch Science & Tech Listing

Announced during the first China International Import Expo in late 2018, the Science and Technology Innovation board — a registered listing for companies within the Shanghai Stock Exchange — has begun accepting applications. As of March, 17 companies had been accepted, in sectors ranging from bio-medicine
and energy to information technology. The registration-based system for initial public offerings (IPOs) is modeled after Nasdaq.

 

CES Asia 2019

CES Asia returns to Shanghai from June 11-13, for its fifth annual show. As the premier consumer technology industry event in Asia, CES Asia highlights the extensive innovative value-chain in the Asian marketplace for global brands and startups. This year, some 550 companies — including more than 150 startups — will represent 20 product categories across the Shanghai New International Expo Centre (SNIEC) at CES Asia 2019.

Mark Chisholm

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