Beijing

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.

STARTUP ECOSYSTEM

Beijing’s startup ecosystem is ruled by AI, big data and analytics. The capital city houses 1,070 AI companies – over a quarter of China’s total. Beijing also features a tech hub called Zhongguancun that is home to 10 AI labs and 9,000 tech companies, including Baidu, Sina Corp and Lenovo.

TOP INDUSTRY VERTICALS

Artificial Intelligence
E-Commerce
Education
Social Networking

ESTIMATED LIVING COSTS

SGD $1,022

Accommodation

Monthly rent for Studio apartment

SGD $6

Meal

Basic combo meal in a casual restaurant

SGD $52

Utilities

For one person in studio apartment

SGD $19

Internet

Internet package for one month

SGD $33

Transport

Avg. of public transport ticket per month

SGD $1000

Development Cost

Personal development cost per student

I really learned a lot about people skills, how to work efficiently, to prioritize things that are more important and to really complete your tasks on time.

Angela Li

Intern at Jv-lie