New German Chamber Ticker online: Made in China - Startups and Innovation (October - November)

2017年10月16日 AHK China - News-Hauptkategorie, Chamber, German Chamber Ticker Other Publications

The development of the Chinese start-up scene shows substantial progress. Based on research done by UHY, a network of independent accounting and consulting firms, the number of new businesses in China between 2010 and 2014 has grown by nearly 100% to 1.61 million start-ups. This makes China the new leader in overall growth numbers, surpassing Western countries. Furthermore, according to KPMG’s Venture Pulse Report, in 2016, venture capital in China reached USD 31 billion. Therefore, China became the second biggest venture capital market in the world. Many different factors have led to this steady and fast-paced rise of the Chinese start-up industry. This includes a wellconnected investor network, co-working spaces, presence in the media, accelerator programs, and the general acceptance of the Chinese consumers to adapt new products, services and technologies very quickly.

In this issue of the German Chamber Ticker, we will offer insights on the current development of the booming start-up scene in China and take a closer look on the reasons for the fast globalization of the industry. This edition will also include advice for foreign companies interested in acquiring Chinese start-ups as well as suggestions for Chinese start-ups to expand globally. Furthermore, we will provide you with interesting insights on China’s e-commerce market and the unique characteristics of Chinese companies and their global expansion.

We hope that you enjoy reading! 

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