Shanghai established an innovative and entrepreneurial base and enterprise cluster in Yangpu District for overseas Chinese on Wednesday.

To attract investment and wisdom from overseas Chinese into innovation and startups, 16 such facilities have been established previously across China on the initiative of the State Council, which are all named as “Qiao Meng Yuan” or garden of overseas Chinese — dreams in Chinese language.

“Overseas Chinese have a thorough knowledge of both Western and Chinese society and can play the role as a bridge to link China and the whole world,” Qiu Yuanping, director of the Overseas Chinese Affairs Office of the State Council, said at the opening ceremony.