Westin: This is a story about trees not growing to the sky, even if those trees are holding up an important part of the U.S. economy. President Trump has made no secret of his quest to cut funding to some of the nation's most prestigious universities. - We want money to go to all universities, not Harvard.There have $52 billion. - Harvard's voice is loud and clear. Westin: To date, much of the discussion has centered on the politics of it all, whether higher education has gotten too "woke" and whether it's ...

Core Viewpoint - Shanghai has introduced nine significant measures to support enterprises in enhancing basic research, aiming to boost high-quality development and strengthen the role of enterprises in technological innovation [2][4]. Group 1: Financial Support Measures - Enterprises using large scientific instruments will receive a 50% subsidy on expenses, with a maximum annual reimbursement of 1 million yuan [2][4]. - Financial support for enterprises increasing basic research investment includes one-time subsidies of 10 million yuan for those investing over 100 million yuan annually, 5 million yuan for investments between 50 million and 100 million yuan, and 2 million yuan for investments between 10 million and 50 million yuan [4][5]. - Enterprises establishing public welfare funds for basic research will receive support equal to 50% of the fund's contributions towards research projects [4][5]. Group 2: Collaborative and Strategic Initiatives - The measures encourage enterprises to participate in decision-making for basic research, enhancing the involvement of business leaders and strategic investors [4]. - The "Explorer Program" will be implemented to support enterprises focusing on urgent scientific issues, particularly in key industries like integrated circuits, biomedicine, and artificial intelligence [4][5]. - Collaboration between enterprises and universities will be promoted through the establishment of innovation centers, with joint funding from both sectors [4][5]. Group 3: Tax Incentives and Evaluation - Enterprises supporting non-profit research institutions and universities can deduct their contributions from taxable income, with a 100% pre-tax deduction available [4][5]. - A robust evaluation system will be established for enterprises involved in key laboratory projects, ensuring that basic research investment constitutes at least 10% of total R&D spending [5]. Group 4: Monitoring and Reporting - The government will enhance tracking and monitoring of enterprise basic research activities, guiding the establishment of statistical records [5]. - Recognition and encouragement will be given to enterprises achieving significant results in basic research [5].