The Alliance of Shanghai Science and Technology Innovation officially launches on Feb 21. [Photo/ WeChat account: zjpark]

The Alliance of Shanghai Science and Technology Innovation was officially launched on Feb 21.

The alliance is one response to the country's call for mass entrepreneurship and innovation. It is hoped the initiative will further Shanghai's already developing and exciting entrepreneurial scene.

The alliance intends to unite the wide range of innovative forces acting in Shanghai. It aims to promote cooperation and sharing and to advance innovation in the fields of technology, products development, and business.

Another aim of the alliance is to enhance the connection between large enterprises and small and medium-sized ones. It is hoped this will be achieved through the sharing of capital and technology.