Shanghai FTZ Entrepreneurial Base for Overseas Professionals opened its first overseas service station in Be'er Sheva, Israel, recently.

Be'er Sheva is the "cyber capital" of Israel and the global center of cyber security technology. The service station aims to promote China-Israel cooperation by pooling their talent and innovation resources.

The FTZ Entrepreneurial Base has signed contracts for 15 overseas projects and has found 28 domestic and foreign partners as well as 16 third-party service providers. It offers business incubators for overseas entrepreneurs and tech professionals and helps them with business matchmaking and consulting services.

Those working at the base can enjoy convenience in visa application and school admission for their children, as well as housing and health care support.

So far, 188 tech startups founded by overseas entrepreneurs are being hatched in Shanghai Free Trade Zone. The base hopes to open service stations in Washington DC and Berlin in the future.

Source:china-shftz.gov.cn