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Shanghai government hands out policies and incentives to attract investments and talent in five-year fintech hub master plan

Shanghai’s municipal government has set a five-year goal to develop and nurture fintech research and innovation in China’s premier commercial hub, introducing a slew of incentives and policies to attract hi-tech companies and talent to turbocharge its drive.In announcing the policies mooted since last year, the Shanghai municipal government has also formally thrown down the gauntlet to neighbouring Hangzhou city, the capital of Zhejiang province, which is home to some of China’s biggest tech…

Source: South China Morning Post