On June 11, 2011, the 1^st Tongji International Summit of Innovation and Entrepreneurship, co-organized by Global Innovation and Entrepreneurship Research Institute and Research Institute of Academy of Management Science of China, was held in Zonghe Building in Tongji. Academician LIU Renhuai, and Academician LIU Yuanzhang from Chinese Academy of Engineering, extended their congratulations on the summit. Mr. DONG Qi, Vice President of Tongji University made a welcome speech. The summit was hosted by Prof. SI Xiaofu, Adjunct Professor of SEM, Tongji University and Director of Global Innovation and Entrepreneurship Research Institute.