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As Shanghai strives to build itself into a global innovation center of science and technology－a task proposed in its master plan for 2035－the city's skyrocketing property market, however, has become a deterrent to talent.

As a result, in the absence of qualified instructors these kindergartens often hire unqualified staff members; the ministry's statistics show that 22.4 percent of preschool teachers in China have only been educated to high school standard at most.

As a result, they invested a limited amount of capital in the legal entities they set up in China. Restricted by CAR requirements on their head offices, their legal entities in China often have limited capacity for asset expansion.

As a wholly-owned unit of one of the biggest names in the country's asset management sector, HGI also prides itself on an international tie-up with Deutsche Asset Management Asia (DeMA) — part of Deutsche Bank Group — which grabbed a 19.5-percent stake in Harvest Fund Management in 2005 before lifting it to 30 percent three years later. Subsequently, in 2009, HGI forged an agreement with DeMA taking its Asian strategy unit into its fold.

As assistant director of the technical research center of Shanghai Shentong Metro, Wang Xiaoxiao spends most of his time trying to work out how to improve train speeds, passenger flow and customer satisfaction. His team relies on subway-control technology and model simulations of the urban rail transit system