3rd Innovation and Investment Trip Report

http://www.dfwexcellerator.com | info@dfwexcellerator.com
5307 E. MOCKINGBIRD LANE, 5TH FLOOR DALLAS, TEXAS 75206
3rd INNOVATION & INVESTMENT CHINA TRIP REPORT
Prepared for: Lubbock Economic Development Alliance, Texas Tech University, Underwood Law Firm
Prepared by: DFW Excellerator
Date: 8/14/2015 | Trip Date: 8/1/2015 – 8/8/2015

MAP OVERVIEW
In 2014, China’s outward investment reached $113 billion, already the second-largest outbound direct
investment country. The U.S. has been the No.1 destination, luring more than $14 billion of investment
in last year alone.
To seize this great opportunity, a Chinese Innovation and Investment trip was carried out between Aug
1st and 8th, 2015. DFW Excellerator brought the group directly to the center of the investment and
innovation conference and made a total travel of 1900 km. During the trip, the group visited Shanghai,
Changzhou, Cixi, Hangzhou, and Beijing to explore new market opportunities and work with several
funds, universities, and science parks to form the new strategic relationships.

VISITED PLACES
1.1 National Tech Transfer (Eastern) Center at Shanghai
Date 8/3/2015
Time of Event 9:30 am – 11:30 am
Venue National Tech Transfer (Eastern) Center
No. of Attendees 34
Host & Organizer  Yahong Wang, VP of National Tech Transfer (Eastern) Center
 Yang Shi, Project Manager of National Tech Transfer (Eastern) Center
Entity Description Founded in 2014, National Tech Transfer (Eastern) Center is a regional technology
transfer venue jointly promoted by the National Ministry of Science and Technology
and the Shanghai Municipal People’s Government. The official site at Zhangjiang
National Innovation Bay Valley will be open to the public in August 2015, focusing
on emerging industries, transforming, and upgrading traditional industry sectors to
the next level. The core business of the Center is to support international
technology transfer and the development of innovation experimental zone. The
Center creates an operational system to gather leading practical technology with
strong capital and talent supports, and is expected to become a global science and
technology innovation hub.
Summary  Create a global science and technology exchange platform with the proper
capital and talent supports.
 National Tech Transfer (Eastern) Center provides the platform for Excellerator
and its member to upload the technology information.
Event Highlights:

1.2 The American Chamber of Commerce in Shanghai
Date 8/3/2015
Time of Event 1:30 pm – 3:30 pm
Venue The American Chamber of Commerce in Shanghai
No. of Attendees 20
Host & Organizer  Scott William, VP of Membership and Service Program.
Entity Description The American Chamber of Commerce in Shanghai, known as the "Voice of
American Business" in China, is the largest and fastest growing American Chamber
in the Asia Pacific region. Founded in 1915, AmCham Shanghai was the third
American Chamber established outside the United States. Until 2014, Amcham has
current memberships in total of 3601 including 1628 corporate members.
Summary Setup the operation in China through American Chamber of Commerce will be
efficient and effective. They have strong connections in southern China.
Event Highlights:

2. Changzhou Science and Education Town
Date 8/4/2015
Time of Event Meeting: 9:30 a.m. – 12:00 p.m.; Industrial Zone tour: 1:00 p.m. – 2:30 p.m.
Venue Changzhou Science and Education Town
No. of Attendees Over 60
Host & Organizer  Jianxin Chen, Party Secretary of Municipal Commercial Affairs Ministry of
Changzhou
 Jian Wang, Division Chief of Changzhou International Investment Promotion
Center
 Guo Jun, Deputy Director of the Administration Commission of Changzhou Science
& Education Town
 Michael Liu Ph.D., General Manager of Changzhou Science and Education Town
International Innovation Base
Entity Description Changzhou Science and Education Town were founded in 2002. Within an area of five
square kilometers, the town is composed of two major areas for education and R & D,
respectively. Changzhou University, with more than 78,000 students, and five
vocational colleges are located in one side of the town. The other part of the town is
made for industry R & D and incubators that offer companies with free initial capital,
free facilities, government grant support and interest discount of bank loans.
Summary A month before the trip, DFW Excellerator met with the Changzhou delegation led by
Jianxin Chen, Party Secretary of Municipal Commercial Affairs Ministry of Changzhou
and Jian Wang, Division Chief of Changzhou International Investment Promotion
Center. To better promote the City of Lubbock and Texas Tech University, DFW
Excellerator teamed up with ACP Foundation, a local professional association, to have
the delegation met with local Chinese investors, discussing the future of foreign
investments and how Changzhou can be a part of the conversation. The reunion in
August was able to bring the relationships to the next level. DFW Excellerator and the
delegation visited Changzhou Science & Education Town and would work
collaboratively to develop similar cross-border programs in Changzhou.
Potential partnership to build an international science park together.
Event Highlights:

3. Cixi City
Date 8/5/2015
Time of Event Meeting: 9:00 a.m. – 11:30 a.m.; On-site tour: 1:00 p.m. – 2:30 p.m.
Venue Cixi Platinum Hanjue Hotel Conference Room
Host & Organizer  Qibiao Zhang, Head Minister of Standing Committee of Municipal Committee and
Minister of Organization Ministry of Cixi
 Guoyi Xie, Deputy Mayor of Cixi Head Minister of Standing Committee of
Municipal Committee and Minister of Organization
Entity Description The GDP of Cixi reached $18 Billion in 2014. The city ranked No.5 amongst the Top 100
Counties for the National Medium to Small Cities’ Comprehensive Strength in 2014.
The Cixi Binhai Economics Development Zone has a total planned area of 168 square
kilometers with 315 resident enterprises, providing gross value of $4.6 Billion in
industrial output in 2014. The city is seeking talents with eagerness and passionate to
witness and support the industrial transformation, offering the government grant up
to $6.5 million.
Summary In June, DFW Excellerator invited a Cixi delegation of 16 people led by Qibiao Zhang,
head Minister of Standing Committee of Municipal Committee and Minister of
Organization Ministry of Cixi to Dallas, Texas, visiting the company’s new location next
to the Mockingbird Station and learning about the newly acquired projects including
Fulhum and EV Tech engines. The two parties also opened up a talent workstation to
help Cixi attract talents in the Dallas-Fort Worth area. During the China trip in August,
DFW Excellerator and the group were welcomed by Qibiao Zhang and Guoyi Xie,
Deputy Mayor of Cixi Head Minister of Standing Committee of Municipal Committee
and Minister of Organization, visited Cixi Hi-tech Industrial Park and met with local
businesses to discuss ways to leverage local resources.
Potential partnership to build an international science park altogether.
Event Highlights:

4.1 Hangzhou Hi-Tech Industry Development Zone
Date 8/6/2015
Time of Event 9:30 a.m. – 11:30 a.m.
Venue Hi-Tech Industry Development Zone Innovation Service Center
No. of Attendees 14
Host & Organizer  Shengwen Ye, Director of Hangzhou Hi-Tech Industry Development Zone
Innovation Service Center
 Nan Sun, the Founder of ZFounder
Entity Description Hangzhou Hi-tech Zone (Binjiang District) is composed of three sections. The north
section is the innovation source of high technologies and a large incubator for SMEs,
while the south and east section cover over 80 sq km with a total population of over
326,000. The GDP of this area produced 69.28 billion RMB ($11.17 billion) and the
GDP per capita reached $34,039. There are 37 Fortune 500 companies presence, and
with the 83 foreign companies in the development zone, the zone now ranks 5th
among 129 National Hi- Tech Zones in China. The industrial clusters include software
and service outsourcing, e-commerce, Internet of things, cultural creativity, telecom
equipment manufacturer, renewable energy, biomedicine and IC design.
Summary The companies in the Hi- Tech Industry Development Zone (including Alibaba) are
looking to bring more international innovative technological companies to land in the
Hangzhou Hi-Tech Zone as potential partners.
Event Highlights:

4.2 Headway Group Strategic Partnership Opening Ceremony in Hangzhou
Date 8/6/2015
Time of Event 1:30 p.m. – 3:30 p.m
Venue New Century Grand hotel Conference Room
Host & Organizer Headway Group
Entity Description  Headway Real Estate Group Co., one of the ten famous real estate giants in China,
is also one of most trusted brands named by consumers in Zhejiang Province.
Headway was founded in 1985, officially moved to Hangzhou in 2000. In 2003, it
formally established Hangzhou Headway Real Estate Group Co. After 30 years of
development, Headway is a large enterprise with more than 5000 employees.
 Headway not only had developed lots of commercial complex such as West plaza,
Canal culture square, Metro plaza, Xiasha 16 block, Headway happy city. Headway
had got rich experience in the development of the whole system of real estate
which covers commercial complexes, office buildings, apartments and residential.
So far, Headway has invested more than 15 billion RMB (2.5 billion USD) to
developed over 4 million square meters buildings in Hangzhou.
Summary Headway Group signed the MOU with Texas Tech University to work with their
technology transfer and licensing with Headway group.
Event Highlights:

5. Peking University
Date 8/7/2015
Time of Event 9:30 a.m. – 11:30 a.m
Venue Peking University Office of Science and Technology Development
Host & Organizer  Shijie Li, PhD, Director of Technology Transfer Center of PKU
 Xiaoyi Liu Ph.D., Deputy Director of Technology Transfer Center of PKU
 Xinyue Liang, Assistant Dean of PKU School Innovation and Entrepreneurship
Entity Description Peking University, as a leader in scientific research and teaching, consists of diverse
branches of learning. Their Office of Science and Technology Development (OSTD) are
responsible for all activities related to technology development and research
commercialization. The Technology Transfer Center (TTC) at OSTD is a business-
oriented department that is responsible for transferring research product into the
market place. The center is a General Partner in four investment funds that is used
specially towards technology incubation and acceleration, with Asset under
Management (AUM) totaling to 270 Million RMB 2014.
Summary Peking University signed the MOU with Texas Tech University to work on technology
transfer and licensing.
Peking University partner with Excellerator to provide the fund for the technology
venture from Texas Tech University.
Event Highlights:

CITY CARDS
Beijing, China
Beijing is not only the cultural and political center of China but is home to over 100 of China's largest
companies. Its economy is based on the high-end manufacturing and service sectors. In 2013, it has GDP
of $230 billion USD with growth at 10.3%, utilized foreign direct investment of $6.4 billion USD, imports
246 billion USD and exports $55.5 billion USD. The tourism, media and IT industries are particularly
prosperous in the Chinese capital. Beijing is where China's market watchdogs and regulators are based.
Alongside Shanghai, Beijing attracts multinational companies to base their China or Asia-Pacific
headquarters as it is said "If you want market go to Shanghai; if you want connections with the
government go to Beijing."
Shanghai, China
Shanghai's gross domestic product (GDP) grew 7.7 percent year on year to $353.9 billion in 2013. It is a
clear leader in terms of the quality of its growth – 60.7% of GDP comes from the service sector, while the
remaining 39.3% of GDP comes from relatively high end manufacturing of automobiles, electronics,
petrochemicals, iron & steel and equipment. Shanghai, located in the Yangtze River Delta in East China, is
the commercial and financial center of mainland China, as exemplified by Pudong district, a pilot area for
integrated economic reforms. It is a global financial center, and a transport hub with the world's busiest
container port.

Changzhou, China
Changzhou, nicknamed the Dragon Town, is a prefecture city with a history of 2,500 years. The city, with
its jurisdiction, has a population of 4.5 millions and the land mass is 4,375 square kilometers. Changzhou
has been recognized for its old “Four Pillar Industries”, including mechanical, electrical manufacture,
automobile manufactures and textile. In addition, the city has newly added more industrial sectors to its
economy, including high-tech, electronic, biomedical and chemical productions. The industrial
contribution to its GDP has reached nearly US $83 billions in 2014 and the share is still going strong.
Total 42 international industrial giants of the world top 500 corporations listed on the Fortune have
set their offices in Changzhou.
Hangzhou, China
Hangzhou is the capital and largest city of Zhejiang Province in Eastern China. It grew to prominence as
the southern terminus of the Grand Canal and has been one of the most renowned and prosperous cities
in China for much of the last millennium. Major companies such as Motorola, Nokia and Siemens have
established R&D centers in the Hangzhou Hi-Tech Industrial Development Zone. The Hangzhou Hi-Tech
Industrial Development Zone positions itself as the "Silicon Valley" of China. The Alibaba Group, the
world's largest online B2B portal and China's largest website in terms of market value, is headquartered
in the zone.

Cixi, China
Cixi City is located on the south of the economic circle of Yangtze River Delta, which is the most
promising area for future development. Being the anchor of the Shanghai, Hangzhou and Ningbo
Economic Golden Triangle, Roads within the city lead to all directions and there is 1.5-hour drive to
Hangzhou, 1-hour drive to Ningbo, and 1.5-hour drive to Shanghai. As the 5th city among the top 100
medium-sized cities in China for being most promising for investment and10th for being the best
commercial county-level cities on the Forbes list. The GDP reaches high at $18.5 billion in 2014 and
created government revenue of $3.3 billion in the same year, with the financial institutions in the
balance of $2.8 billion.

PAST EVENTS FROM DFW EXCELLERATOR

WE LOOK FORWARD TO WORKING
WITH YOU IN THE FUTURE
Excellerator Team
Website: http://dfwexcellerator.com
Contact: info@dfwexcellerator.com

3rd Innovation and Investment Trip Report

Recommended

Recommended

More Related Content

Viewers also liked

Viewers also liked (6)

Similar to 3rd Innovation and Investment Trip Report

Similar to 3rd Innovation and Investment Trip Report (20)

3rd Innovation and Investment Trip Report