With a population of 22 million people, a GDP of over $446 billion, and a robust startup ecosystem bolstered by the nation’s top universities, Beijing is unquestionably one of China’s primary hubs for innovation and business.
This global city offers both entrepreneurs and multinational corporations direct access to vast resources and networks. It serves as the headquarters for numerous state-owned enterprises and government ministries. And it is home to a multitude of accelerators, incubators, and venture funds that contribute to the city’s thriving business landscape.
The Bay Area Council’s office can help companies and entrepreneurs separate the signal from the noise by providing connections and guidance essential to navigating this innovation landscape.
- Central government support – The city of Beijing is home to the central government’s ministries and regulatory offices directly impacting your business. The Council and its networks will educate and guide you through this complex maze to understand how to achieve the goals you’ve established in China.
- Innovation Ecosystem – Beijing is arguably the biggest entrepreneurial ecosystem in China. 66 of China’s 151 unicorns as of March 2018 hail from Beijing, including such ventures as Uber-vanquisher Didi, soon-to-mega-IPO Xiaomi, and Musical.ly-acquirer Bytedance. Beijing accounted for 35 percent of China’s venture funding in 2017, more than double that of the next Chinese city.