Capital Major Zhang Jiahao $100 million to help outstanding talents return to China

  In recent years, with the growing strength of China's national power, the status of Chinese people in the world has been rising, and the influence of Chinese people has been increasing. At the "2017-2018 Impact on the World Chinese Ceremony", which was successfully concluded in March this year, outstanding representatives from different fields were honoured at the World Chinese Ceremony. Hou Yunde, academician of the Chinese Academy of Engineering and researcher at the Institute for the Prevention and Control of Viral Diseases of the Chinese Center for Disease Control and Prevention (CDC), and Feifei Li, professor at Stanford University, head of the Stanford Artificial Intelligence Laboratory (AI Lab) and Vision Lab, and chief scientist of Artificial Intelligence and Machine Learning at Google Cloud, were honoured with the title of "Chinese People of the World" at the "2017-2018 Chinese People of the World Awards". ...... They have become the pride of Chinese people and won the attention of the world with their outstanding achievements.

  The remarkable achievements of Chinese people in the world field have benefited mankind and the world, and have also become the pride of China. They have been intensively engaged in scientific research, which has injected positive energy into the world, and at the same time has enabled the whole nation to stand in the forest of the world and burst into a strong momentum of development.

  China has actively increased its national policy guidelines and efforts to attract talent and intelligence.

  Since 2008, China has been actively implementing the "Thousand Talents Programme", starting a large-scale overseas talent attraction work, during which provinces and cities have introduced preferential policies on housing, education, medical care, etc. to attract and retain talents, and a large number of outstanding overseas talents have returned to China for development and entrepreneurship.

  Since the 18th Party Congress, it has attached great importance to the introduction of talents, and while vigorously cultivating domestic innovative talents, it has been more proactive in introducing foreign talents, especially high-level talents, introducing and gathering talents with a more open vision, and accelerating the gathering of a batch of leading talents standing at the forefront of science and technology in the industry and with an international vision.

  Up to now, the strength and effect of attracting talents back to China has far exceeded the sum of the past 50 years, and entrepreneurship in China has gradually become a trend. "It's a good time to go back to China to start a business" is the voice of the new generation of returnees, and it is also the core programme that they put into action.

  From ZTE's $1.4 billion fine to the U.S.-China trade war, when will Chinese science really overtake the U.S.?

  On 7 June 2018, ZTE reached a new settlement agreement with the United States, imposing a fine of $1.4 billion and a restructuring of its senior management, and subjecting it to "immediate monitoring" by the United States for the next 10 years, in order to "supersede" the seven-year sales ban imposed by the Department of Commerce (DOC) on ZTE in April. This is also the highest amount of fines ever issued by the U.S. Department of Commerce.

  The ZTE crisis has also truly highlighted the reality of our lack of core technology. Core technology is restricted by others is our biggest hidden danger, ZTE crisis let us feel the pain of the skin.

  Not only that, the official start of the US-China trade war is for the suppression and declaration of war on the power of technology. U.S. bicameral academician, lifelong professor at Princeton University, Peking University Thousand Talents Programme Chair Professor Xie Yu said in an exclusive interview with reporters, "the gap between Chinese science and the United States is indeed narrowing, but original, cutting-edge scientific innovations are too few. In order to have a great development of Chinese science in the future, and to occupy a dominant position in the multi-centre scientific ecology, we have to start from improving the culture and the system".

  Whether it is the ZTE crisis or the US-China trade war, we should inspire from it a rational and self-improvement mentality and ability to master core technologies through self-reliance.

  Investor Zhang Jiahao's first instalment of $100 million to help global Chinese in the fields of science and technology, healthcare, information innovation and research and development and return to China

  On 1 July, on the occasion of the 97th birthday of the Party, the third anniversary annual meeting of the Chinese American Experts Association was held in Los Angeles, at which Wang Ximeng, president of the Association, and Zhang Jiahao, president of the U.S.-China Investment Promotion Association, formally signed a strategic co-operation agreement to reach resource sharing and integration in the areas of talent, science and education, culture and entertainment, and finance. Zhang Jiahao announced the establishment of the Chinese Experts Innovation and Entrepreneurship Support Fund with a capital of 100 million US dollars, and signed three medical high-tech projects on the spot.

  As a world-renowned investor, Zhang Jiahao has been involved in investing in cultural tourism, health, environmental protection, science and technology, finance and other fields, and has achieved remarkable results. This time, he spent $100 million to set up the Chinese Experts Innovation and Entrepreneurship Support Fund, which is intended to help China's deep ploughing in science and technology innovation. This fund will also focus on supporting high-tech, medical, artificial intelligence and other Chinese experts' projects, targeting the global Chinese in the fields of science and technology, healthcare, information, artificial intelligence and other areas of innovation and research.

  At the same time, it is also Zhang Jiahao's sense of family and for the country. Zhang Jiahao frankly said that many researchers have a lot of good innovations, but due to the lack of start-up funds, resulting in their research can not be in-depth, not to mention can not be converted into productivity. I will make use of my experience and integration ability in the financial field to provide long-term and continuous help for Chinese experts to return to China, and focus on supporting the development of high-tech core technology in an in-depth and long-term manner, which will certainly promote the process of Chinese innovation and technology, and promote the birth of more core technology in China.

  Zhang Jiahao said at the meeting, this fund for global Chinese experts have their own patents or mature project plan, and the project is implemented in China, the results are attributed to China, and get the recognition of the local government, or patents recognized by the authority of the project, the fund investment committee review, can be obtained from 1 million to 5 million U.S. dollars ranging from the angel round of investment as well as a larger amount of equity investment.

  Dr Liao Jiayu, Founding Professor and Lifetime Professor of the Department of Bioengineering at the University of California, Riverside, Academician of the American Academy of Medical and Biological Engineering, and Overseas Outstanding Young Person of the Natural Science Foundation of China, is the person in charge of the medical high-tech projects signed on the spot, and said that: Due to the fact that most of the capital institutions have no understanding of the new technology and new science and technology, especially innovative projects, it is very difficult to get the support of the capital market, and capitals are more inclined to the icing on the cake of the investment, and there is very little to deliver the charcoal in the snow, so the act of Mr Zhang Jiahuao is just like the ice to deliver the spring wind, which is like the spring wind, and it warms up in the hearts of the Chinese people.

  Dr.Jonathan H.Jiang, Chief Scientist of JPL, California Polytechnic University, Principal Scientist of the Science Council, Managing Director of the Aerosol and Cloud Group, and Editor of the American Geophysical Union (AGU), said that this fund will build a green channel for Chinese to return to China to carry out scientific and technological innovations, and the significance of this is far-reaching in that it is the first fund initiated by an individual to promote the return of talents and scientific and technological innovations. It is the first fund initiated by an individual to promote the return of talents and S&T innovation, and its appeal and influence are enormous.

  Gathering the strength of Chinese people to develop the country through science and technology

  This fund, initiated by the famous investor Zhang Jiahao, is the first of its kind in the history of the fund, with more than 100 million US dollars, to support the innovation and entrepreneurship of Chinese experts and their development back to their home countries. This fund will also implement the national strategy of "bringing in" and "going out", build a bridge for talent attraction and scientific and technological progress, unite the strength of Chinese people, promote the spontaneous return of overseas Chinese to their home countries, and promote domestic scientific and technological progress to catch up with the international leading level, and at the same time, it will also drive more people to return to China for talents. At the same time, it will also drive more people to contribute to the cause of talent return.

  At the same time, this is also the second fund established by Zhang Jiahao in 2018. From the beginning of the year, he visited Cambridge University and signed a strategic agreement to focus on attracting back the top science and technology research and development and science education and cultural resources, to the establishment of Chinese experts' innovation and entrepreneurship support fund, Zhang Jiahao's international resource layout has penetrated into Europe, America, Asia and the United States. Wang Ximeng, president of the American Chinese Experts Association, said that this fund will become a strong support for international Chinese innovation and entrepreneurship, and it is a boon for overseas Chinese experts.

  Science and technology innovation drives national rejuvenation. To enhance China's scientific and technological innovation capability, implement the innovation-driven development strategy, and build a world power in science and technology, with the support of the Chinese Experts Innovation and Entrepreneurship Support Fund, Chinese people around the world are taking action.

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