Shanghai has founded the city's first school for entrepreneurship training as part of its effort to build itself into a scientific innovation hub with global influence.

Shanghai Entrepreneurship School, established on Tuesday by the Shanghai Technology Innovation Center and Shanghai Institute of Technology, aims to provide people who have business plans with the best resources, both theoretical and practical, in the city.

One aim of the school is to promote a model of entrepreneurial education, which combines theory and practice rather than simply focusing on the former, and hopefully explore an approach to entrepreneurial education that can be replicated and promoted elsewhere, said Lu Min, a chief engineer at the Shanghai Municipal Science and Technology Commission.