Cooperation urged to grow innovation

Shanghai forum aims to attract more financial capital to eastern metropolis

Stronger cooperation between different entities and regions, as well as a continuous flow of capital into emerging industries, are crucial to the facilitation of technological innovation, which serves as a major driver for China's high-quality economic growth, according to officials and industry experts.

Their remarks were made during the 17th Pujiang Innovation Forum, which started on Saturday in Shanghai. This year's forum, jointly held by the Ministry of Science and Technology and the Shanghai municipal government, was themed "Sharing Innovation and Shaping the Future Toward an Open Environment for Scientific and Technological Innovation".

A 10-billion-yuan ($1.4 billion) Shanghai Future-oriented Industries Fund was launched during the opening ceremony of the forum.