A pedestrian crosses a road in the Lujiazui financial district in Shanghai. Photo: Reuters
A pedestrian crosses a road in the Lujiazui financial district in Shanghai. Photo: Reuters

Tech war: Shanghai wants to be an industrial hub of the future as US chip restrictions escalate

  • Under a new guideline, Shanghai aims to groom innovative enterprises and talent in health, smart tech, energy and other hi-tech industries
  • The Chinese semiconductor capital has been struggling under draconian Covid-19 controls and growing US export restrictions

A pedestrian crosses a road in the Lujiazui financial district in Shanghai. Photo: Reuters
A pedestrian crosses a road in the Lujiazui financial district in Shanghai. Photo: Reuters
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