Tag Archives: Innovation

GBA talent map under planning

Recruitment agents, your days are numbered: A Greater Bay Area “talent map” is being prepared by the Shenzhen city government, according to local media. This will essentially be a platform built on a public database, with content supplied by “talent pools” as well as libraries from both the industrial sector and the government. 

The aim is to better match skills with job opportunities using, no doubt, AI and other technologies. Moreover, this platform has ambitions to match resources with talent. In other words, if you are smart and have a good idea, your pursuit of financial and human resources should be as frictionless as possible.

Read more (in Chinese).

Zhuhai college launches 5G center

Guangdong has put its first vocational school on a 5G network, choosing the Guangdong Science and Technology Vocational College, based in Zhuhai.

According to local media, the Guangzhou-based college’s “Campus 5G Innovation Application Experience Center” is busy implementing advanced mobile VR/AR applications, allowing students to watch high-definition video in real-time, and rolling out a series of smartphone-based artificial intelligence apps. This is believed to be the first “talent training base” for 5G-based R&D work among the province’s vocational colleges.

The project has been in the making since July, apparently. With the support of Huawei Technologies and the Zhuhai branch of China Telecom, the center is now fully 5G-enabled and plans to start offering courses for students. It will also cooperate with corporates to test and further research their ideas for 5G-related projects. The college plans to work closely with companies clustered in the Zhuhai Software Park, it said.

Founders Space settles in Songshan Lake

Dongguan welcomed the arrival of a top Silicon Valley brand today, as one of the world’s best-known incubator/accelerator companies, Founders Space, opened an office in the Songshan Lake hi-tech district.

The opening ceremony was attended by local government officials as well as the founder of Founders Space, Steven Hoffman, Stanford Research International’s Phillip Whalen, and mayor of the city of Dublin (the one in Silicon Valley), David Haubert. 

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Guangzhou-Hong Kong tech park under way

While Hong Kong gears up for another day, another protest, the provincial capital is building a tech park to cement ties between the two cities. Yesterday saw the Guangzhou-Hong Kong Science and Technology Cooperation Park launch 13 major projects, unveil five innovative platforms, and sign 18 industrial projects.

How much is all this worth, you may ask? Try RMB152.3 billion.  

The park is being jointly developed by Guangzhou’s Huangpu district government, the Guangzhou Hi-Tech Park, and the Hong Kong government. Located in the Guangzhou Development Zone, the park covers an area of 14.5 sqkm. The 13 major projects include strategic emerging industries such as hydrogen energy, AI, and smart wearables, with many funded by Hong Kong companies or joint ventures between Hong Kong and Guangzhou enterprises. 

One of the key projects is the Beijing-Guangzhou Collaborative Innovation Center. It is the first collaboration between two national-level development zones, which formed a strategic cooperation relationship in July. The project aims to promote technology and industry partnerships among the cities of Beijing, Guangzhou, Hong Kong and Macau.

Another GBA Innovation 100 ETF approved

The GBA Innovation 100 ETFs are piling up. Southern Asset Management became the only Shenzhen-based fund manager so far to be approved to launch an ETF based on the Greater Bay Area Innovation 100 Index. Another fund manager from Beijing was approved for the same type of ETF fund today, and the two follow GF Fund Management and ICBC-Credit Suisse Fund, which obtained their approvals earlier of the month. Another 10 are awaiting approval.

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Ping An boosts biotech incubator

Ping An-Dapeng International Bio-Valley, a joint venture between Ping An Urban Tech and the Dapeng district government, has recently teamed up with the Kotler Marketing Corp., a consulting firm based in Washington, DC, to cooperate on building the incubator base as well as raising a startup fund for biotech innovation. 

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Tianhe, Nansha lead Guangzhou’s growth

Guangzhou’s first-half performance this year was remarkable indeed, as the trillion-yuan economy was up 7.1%, nearly a percentage point above the national average. However, within the city were two astonishing growth stories, in the Nansha and Tianhe districts, which grew at a sizzling 9.4% each.

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Shenzhen’s robotics industry booms

Shenzhen is witnessing a new growth spurt in its robotics industry. According to a report by the city government, robotics enterprises registered in Shenzhen last year jumped 55% to 649, while their output rose 13.81% to RMB117.8 billion. 

The report encompassed robots manufactured for industrial use, service and other related AI fields. The majority of the output value last year came from industrial robots – RMB80.3 billion, up 6.25% – yet service robots saw the biggest jump, up 21.79% to RMB 34 billion. Driving this growth has been investment in artificial intelligence applications in the industry.

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Qianhai is China’s No. 1 Free Trade Zone

According to a new index ranking China’s Free Trade Zones, Shenzhen’s Qianhai is the country’s No. 1.

The Institutional innovation Index for China Pilot Free Trade Zones (2018-2019), released by Guangzhou’s Sun Yat-sen University, gave Qianhai a score of 86.26 points. It was followed by the Shanghai Pilot Free Trade Zone at No. 2, and Guangzhou’s Nansha at No. 3.

Qianhai scored No. 1 in “transformation of government functions,” “investment facilitation,” “trade facilitation” and “legal environment.” 

(If you need to understand the zones better, read our primer.)

Beijing taps Shenzhen, again

The ninth meeting of the Central Committee for Comprehensively Deepening Reform (CCCDR) was held on Wednesday. Established as part of the massive party-state restructuring launched in March 2018, Trivium China calls it “the most important policymaking body in the land.” That’s right, more important than even the Politburo Standing Committee.

The meeting has approved 11 documents, most of which you would need a Western-Chinese political dictionary to understand. The one that stood out for us was No. 10: “Supporting Shenzhen to become a pilot demonstration area for socialism with Chinese characteristics.”

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