Shanghai has an impressive mix of global corporate innovation, startup co-working and investment hubs. Shanghai has quickly become a centre for technology and greater financial services. By 2020, the Chinese government aims for Shanghai to become an International Financial Center. This has led to various supports for businesses, including tech companies and start-ups.
Beijing has a population of 22 million people. It is the capital city of China. In the technology space, Beijing is known as the hub for research and technical development. Top universities in the city attract, train and prepare young talent for various industry clusters. Among Beijing’s yearly 200,000 university graduates, many enter the startup scene, making the city a leading innovation centre.