Fosun and Shanghai Jiao Tong University join hands in new scientific research

Shanghai Fosun High Technology (Group) Co has signed an agreement with Shanghai Jiao Tong University to set up a foundation to invest in scientific research achievements.

Shanghai Fosun High Technology (Group) Co signed an agreement with Shanghai Jiao Tong University to set up a foundation to invest in scientific research made by the university’s departments, alumni and its partners, the university announced over the weekend.

They will focus on bio-medicine, big data, cloud computing, artificial intelligence, the Internet of Things, intelligent manufacturing, environmental technology, new materials, new energy and blockchain.

The foundation will help more university researchers who are interested in startups to industrialize and commercialize their research findings and make contributions to the city’s efforts in building itself into a global center for scientific and technological innovation.


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