The Heat: China experiences boom in innovation

The Heat

Chinese innovation

Once the world’s manufacturing giant, China is poised to take the lead in innovation next.

In 2017, 15 Chinese companies reached a one billion dollar valuation, what is called unicorn status, giving China 30 percent of last year’s new unicorn companies. 

From taking the lead in space technology to solid growth in its booming smartphone sector, what’s next for China as it innovates towards the future?

To discuss all of this:

  • Xiaochen Zhang is president of FinTech4Good.
  • David Li is executive director at Shenzhen Open Innovation Lab.
  • Rui Ma is an entrepreneur and contributor to
  • Cyriac Roeding is a Silicon Valley based entrepreneur and venture capitalist.

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