Shanghai Emerges as Major Hub for Hard-Tech Startups, Registering Over 320 New Firms Daily
By
Jin Yezi
Summary
Shanghai is rapidly becoming a major hub for hard-tech companies, with over 320 new such firms registered daily last year. The city hosts 64 hard-tech startups on the Hurun Global Unicorn List and 73 on the Hurun Future Unicorns: Global Gazelles Index. Additionally, Shanghai has 19 high-quality incubators that have supported over 410 companies and have nearly 400 projects in reserve, according to Luo Dajin, director of the local Science and Technology Commission.
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bskyShanghai Emerges as Major Hub for Hard-Tech Startups, Registering Over 320 New Firms Dailyyicaiglobal.comKey quotes
· 3 pulledShanghai is turning into a paradise for incubating and growing hard-tech companies, with an average of over 320 new such firms registered a day last year.
Shanghai has 64 hard-tech startups on the Hurun Global Unicorn List and 73 on the Hurun Future Unicorns: Global Gazelles Index.
Shanghai has 19 high-quality incubators, which have helped more than 410 companies and have over 390 projects in reserve.
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