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Auto Guangzhou (ATOGZ)

November 22, 2019 - December 1, 2019

« 2019 Shenzhen International Art Fair
Guangzhou International Electric Vehicles Show »

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Start:: November 22, 2019
End:: December 1, 2019
Website:: https://10times.com/auto-guangzhou

« 2019 Shenzhen International Art Fair
Guangzhou International Electric Vehicles Show »

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Featured
Our most recent longer reads.
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Knowledge City: Sino-Singapore dream realized

In the northeast corner of Guangzhou, a vision of the city’s future has been rising for nearly a decade. Thanks to some major investments announced recently, and as the project nears the halfway mark of its original 20-year development plan, an opportune moment has arisen to review its progress. Local media have been gushing about its potential.
GBA startup communities: an explainer

As the masterplan of turning the nine cities in Guangdong as well as Hong Kong and Macau into an integrated technology hub unfolds, incubators and accelerators have been springing up around the region, all rushing to gain a foothold in the rise of China’s Silicon Valley. Incubators, in the Western script, are companies staffed by experienced investors and executives that help startups by providing them with professional training, working space and venture capital. Accelerators are basically doing the same job, but focused on scaling up existing business models. The landscape is rather different in China, where the central and local governments are dominant. Here, startup support services are established largely to facilitate the country’s economic development agenda laid down by the Party, and lines are always blurred in terms of the functions of incubators, accelerators and scientific laboratories.
GBA in 2020: Same challenges, less drama

The Greater Bay Area’s masterplan is not yet a year old – it began on the auspicious date of 02/18/2018 – and yet it has become economic scripture, cited by officials and entrepreneurs throughout the region’s nine cities and two Special Administrative regions. This is not only because of the top-down way China is governed. It is also because the GBA plan is a well-researched and concisely written 60-page document. The vision it lays out for the region’s integration is clear, and the priorities it lays down for the governments of Guangdong, Hong Kong and Macau are coherent. As the GBA leaves behind a difficult 2019 and moves into an uncertain 2020, it would be fair to say that a good start has been made along the road to 2035, thanks to a clearly marked roadmap.
University Town: Raising the research bar

In the middle of the Pearl River flowing through Guangzhou’s Panyu district lies the Xiaoguwei Island, a 43.2 sqkm parcel of land along with its south bank that is home to 12 universities. Known as “University Town”, the collection of campuses was designed and built in the early 2000s to spur research and innovation throughout the entire province. Today it is one of the “ten cores” of the Science and Technology Innovation Corridor (STIC), the blueprint for “China’s Silicon Valley” within the overall masterplan of the Greater Bay Area. The tertiary-institution district owes its creation to the far-sighted planning ability of provincial leaders. By the end of the 1990s, they had realized that 20 years of breakneck growth under the Reform and Opening era were running out of steam. A mismatch had developed between the needs of Guangdong’s booming manufacturing industry and the skills of its labor force. The higher-education sector had lagged the pace of change: by 1998, only 81 out of every 1,000 candidates for College Entrance Examination were able to secure places in higher education, according to southcn.com. More university places needed to be created. The mission to solve this quandary was unveiled in 2001, with a masterplan to build a dedicated area for a cluster of universities. Construction began a year later, with an audacious goal set by the Party Secretary at the time, Zhang Dejiang, to “build the nation’s first university town”.
Shenzhen’s Top Companies: Fintech Giants

A glance at the financial scorecard of Shenzhen’s publicly listed companies in the most recent quarter shows an impressive performance: Across 393 companies, listed on six stock exchanges at home and abroad, revenues rose by 13.05%, profits by a whopping 33.08%, YoY. Revs (RMB, bn)YoY%Profits (RMB, bn)YoY%Total 4,423.6113.05755.62533.08
‘Science Cities’ rise in Guangdong

The Greater Bay Area’s response to the need for high-quality basic research is to build it, with four clusters of scientific institutions coming out of the ground in Guangzhou’s Nansha, Shenzhen’s Guangming, Dongguan’s Songshan Lake, and Zhongshan’s Cuiheng. When it comes to technology, Guangdong has no worries about designing, building, and selling stuff. But there is a step before all of that in the tech industry’s value chain, and it is a step in which the province has traditionally been lagging. Basic scientific research is where Beijing and Shanghai have long had an edge, given the prevalence of their leading universities focused on scientific research. It’s not as if the province lacks in academic spirit or ambition. There are some well-established innovation hubs in Guangdong, such as Guangzhou’s “Science City”, which has some of the world’s biggest R&D-focused corporate names established in its Huangpu district, or Shenzhen’s Nanshan Science and Technology Park, home to some of the country’s biggest tech brands. And the GBA masterplan has at its core the ambitious “10 hubs” plan to build China’s answer to Silicon Valley, known as the Science and Technology Innovation Corridor (STIC).

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