Core Viewpoint - The article discusses the initiative by Chongqing to select "Gold Medal Investment Managers" to empower startups and enhance innovation and entrepreneurship support, reflecting a broader trend among various cities in China to strengthen talent services and promote venture capital upgrades [2][4][10]. Group 1: Chongqing's Initiative - Chongqing's Municipal Financial Committee has announced a selection process for "Gold Medal Investment Managers" aimed at supporting innovation and entrepreneurship [2][4]. - The selected managers will be experienced professionals from financial institutions and intermediary organizations, focusing on early-stage investments in technology and industry innovation [4][5]. - Criteria for selection include leading at least 10 investment projects or achieving a total investment amount of over 50 million yuan (approximately 7.5 million USD) in the past two years [5]. Group 2: Criteria for Selection - Candidates must meet specific professional capability conditions, such as being recognized experts in financial fields or holding senior management positions in financial institutions [4][5]. - Work performance requirements include leading investment in unlisted companies with a total investment of at least 30 million yuan (approximately 4.5 million USD) and having experience in successful IPOs or mergers [5]. Group 3: Broader Trends in Other Cities - Other cities in China, like Beijing, Shanghai, and Shenzhen, are also implementing similar measures to support innovation and entrepreneurship, focusing on attracting high-level talent and providing various incentives [8][9]. - For instance, Beijing has introduced programs like "Hai Ju Project" to attract top-tier talent with financial support and resources for research and innovation [8]. - Shenzhen is enhancing its talent policies with targeted measures to create a better environment for technological innovation and talent development [9]. Group 4: Shift in Policy Focus - The article highlights a shift in policy focus from merely attracting talent to empowering them through professional services and ecosystem support, which is seen as a key driver for high-quality innovation and entrepreneurship development [10].

Group 1 - The core idea of the news is the transformation of the Xuhui District in Shanghai into a vibrant hub for talent, investment, and entrepreneurship, driven by a series of urban renewal initiatives [1][3] - The "One Port, One Valley, One City, One Heart" strategy is being implemented, creating a world-class waterfront that attracts over a million square meters of financial capital and innovation [1] - The West Bank Financial City is positioned as a reservoir for capital, while the Digital Valley and Media Port serve as platforms for talent value transformation, fostering new forces in hard technology and culture [1][3] Group 2 - The West Bank area is characterized by a multidimensional connection of consumption, technology, art, media, and lifestyle, making it a fertile ground for entrepreneurship and a paradise for young people [3] - A virtuous cycle is being established in the West Bank, where talent drives innovation, capital empowers industries, and entrepreneurship activates the ecosystem [3] - A thematic dialogue event titled "2025 Vitality West Bank: From Urban Renewal to Living Model" is scheduled for June 10, 2025, focusing on topics such as commercial secrets and the parallel development of cultural industries and urban renewal [3] Group 3 - The dual strategy of "ART (Art) and AI (Artificial Intelligence)" is expected to bring iterative upgrades to the industrial ecosystem of the West Bank, with discussions on high-quality urban development in the Yangtze River Delta region [3] - The event will feature roundtable discussions among corporate management on the path to elevating urban capabilities and achieving high-quality development [3]