|BREAKFAST SEMINAR – SHENZHEN SUPERSTARS, HOW CHINA’S TECH FIRMS ARE OUTSMARTING THE WEST|
Host / Sponsor: European Chamber and Swedish Chamber
Event Time: Tuesday 27 Mar 2018, 8 AM – 9.30 AM
Venue: FTI Consulting, Level 22, The Center, 99 Queen’s Road Central, Central, Hong Kong
The European Chamber of Commerce in Hong Kong, in collaboration with the Swedish Chamber, hosted the presentation of the book “Shenzhen Superstars – How China’s smartest city is challenging Silicon Valley” by Swedish-born Johan Nylander, an award-winning author and freelancing China and Asia correspondent.
Nylander’s book is already a best-seller and it represents the author’s desire to tackle the world’s ignorance of China’s first-class tech hub. In fact, in Nylander’s words, “Shenzhen has emerged as a city just as important for tech development and innovation as Silicon Valley, especially in terms of robotics and hardware”
By currently being the world’s fastest growing city, and with China on its way to becoming the world’s highest spender on R&D, Shenzhen is essential to understand the Chinese potentialities in terms of technologic innovation.
Shenzhen thus appears to be the city where the next relevant wave of innovation is taking place. According to recent surveys, if in Beijing only 15% of respondents showed interest in founding their own start-up, in Shenzhen over 60% of young people are willing to pursue this path. In this regard, Nylander offered precious insights of how this city offers unparalleled opportunities: from his encounter with Scottie Alan, an American who managed to create his own i-Phone by wondering around cell phone parts markets in Shenzhen, to meeting Susanna, a 22 years old Chinese girl who is already the CEO and founder of an educational start-up.
Even though most Westerns tend to ignore the current issues shaping the Asian context, European business representatives located in Hong Kong are well aware of the fast development taking place in the Greater Bay Area. Among them, those who attended this presentation took advantage of Nylander’s expertise and experience to focus the discussion on the future trends of Chinese companies’ expansion, on the primary role of China’s technological platforms such as WeChat, as well as on the future role of Hong Kong.