Today the pace and scale of technology innovation in China is remarkable. China’s evolution from an economy based on “made in China” to proprietary technology innovation, i.e. “invented in China” represents a huge opportunity for Cambridge companies.
– Jeanette Walker, Director, Cambridge Science Park
TusPark has been working with the Cambridge Science Park in helping companies in the UK to access the Chinese market via TusPark’s extensive network of contacts. The first thing is to help companies understand China in a short time.
After the first China Series Event on 3 Oct, this series focuses on various industry sectors in China, the first one of which is the technology industry. A lunch and learn session to discover business opportunities in China’s fast-growing technology sector was held in the Cambridge Science Park on today. With talks by TusPark as well as three of China’s tech giants, Huawei, Alibaba and JD.com, companies exploited the business opportunities arising in this fast-growing sector.
Henk Koopmans, CEO of Huawei Technologies Research & Development (UK) Ltd, Dr. Chao Zhang, AI Research Europe Founding Advisor of JD.com, and Alan Shen, Cloud Business Development Manager of Alibaba gave an overview to Huawei, JD.com, and Alibaba, respectively. Discussions on technologies, especially artificial intelligence, China, and business opportunities followed. Each speaker demonstrated China technology gains that has started to switch its focus from ‘Made in China’ to ‘Create in China’ through displaying general development strength and global insight of each company, and China market has never before focused on technological innovation.
This series of events provides a platform to understand China and cross-border business opportunities, provided by two of the world leading innovation bases. The next event in this series will focus on life sciences and will be held in the spring of 2019.