Known as the Silicon Valley of China, Zhongguancun has created a start-up ecosystem that links government supervisory agency, start-up support organizations, start-up incubation centers, cooperative universities and research labs, as well as leading domestic and international companies. This region has emerged as a world-class technology creation spot with presence by 98 of the 2014 Fortune 500 companies.
Thanks to this strong start-up ecosystem and attractive stimulus for young entrepreneur by the Chinese government, talented young people are continuously attracted to Zhongguancun. Over 46.5% of all workers in companies in Zhongguancun are in their 30s or younger.
Shenzhen is the largest start-up city in China with a well-developed supply network for manufacturing, abundant technical manpower, factories, parts suppliers, and distribution systems. Numerous financial and investment institutions and professional start-up incubators and accelerators are gathered here, creating highly efficient manufacturing ecosystem.
The start-up education courses in Chinese universities have a program that makes a small investment to students launching a start-up. This not only provides experience oriented education but also increases the number of young entrepreneurs in China.