Founded in 1973, Shanghai Centre for Scientific and Technological Exchange with Foreign Countries (SSTEC) is a non-profit organization mainly involved in international scientific and technological cooperation and exchanges under the leadership of Science and Technology Commission of Shanghai Municipality.

SSTEC, through varieties of forms, is committed to organizing and promoting cooperation between the local organizations and individuals and their overseas counterparts in the communities of science and technology, economy and trade, with the aim of enhancing science and technology progress, social and economic development of Shanghai as well as facilitating friendly cooperation within China and with people from the whole world.

Ever since its foundation, SSTEC has conducted fruitful and successful exchanges and cooperation with partners from more than 50 countries and regions in the world.
SHANGHAI INT TECH MERCHANTS SERVICE CORP is a solely funded company established by SSTEC, which is mainly involved in attracting foreign investment for science and technology, offering business consulting and providing overall and highly qualified services for R&D and the transference of Hi-tech industry as well as conducting international projects.