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The 2nd Zhongguancun International Startup Festival opened at Tsinghua University in Beijing on August 9. Thousands of entrepreneurs, 3,500 enterprises, investors and venture capital institutions from China and other countries attended the event.
This year's festival startup competition is divided into four areas: China, the US, Israel and Europe. Twenty competitors from new economic areas like AR/VR, intelligent manufacturing, culture and entertainment and Internet plus, will be selected to enter a final contest.
The festival’s goal is to be a top innovation event in the world and to be the entrepreneurship pivot between China and other countries.
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Matan Vilnai, Israeli Ambassador to China, gives a speech at the 1st Zhongguancun International Startup Festival in 2015. [China.com] |
During the event, Matan Vilnai, Israeli Ambassador to China, who also attended the innovation event in 2015, said cooperation between China and Israel on innovation, capital and technology transformation is moving smoothly.
He mentioned many Chinese enterprises that are now expanding the cooperation, and which could both give further financing to Israeli companies and attract more Israeli companies into the Chinese market.
The festival was sponsored by the Management Committee of Zhongguancun, the Haidian government, Shengjing website and Shengjing Jiacheng FoF.
