
China’s tech hub Shenzhen mandates leniency for innovators whose state-funded projects fail
Authorities in China’s southern tech hub of Shenzhen have called for leniency towards innovators whose government-funded projects fail or do not pass evaluation. The first policy statement of its kind from the Shenzhen Science and Technology Innovation Commission comes as China aims to cement the city’s status as a hi-tech powerhouse and reduce reliance on…