Photo taken on Nov 3, 2020, shows a view of the Lujiazui area of Pudong, East China's Shanghai. [Photo/Xinhua] Shanghai-based startups founded by Chinese entrepreneurs returning from overseas showed high levels of development and growth, strong competitiveness, and high integration with the municipality, according to a report released by the Shanghai Municipal Human Resources and Social Security Bureau on Wednesday. These enterprises play up their advantages with resources and their connections to individuals and institutions overseas to actively explore international markets and foster circulations between the local and overseas markets, the report added. The report, the first in a Chinese…