China High-tech Cities Shanghai – Building An International Startup Ecosystem Affluent Financial Support Government Subsidy Programs Notable VC Firms In the third quarter of 2016, Shanghai was The Shanghai government offers various subsidy ranked no.2 among Chinese cities in terms of programs in different districts. the total number of angel investments. • Company Registration Subsidy • Entrepreneurship Loan • Rental Assistance Program • Social Insurance Subsidy • Service Business One-off Subsidy • Innovative Solution One-off Subsidy • Training Subsidy Kleiner Perkins Caufield & Byers