Big companies turn to smaller ones to solve problems
By Du Juan | China Daily | Updated: 2018-10-25 07:37
An increasing number of large-scale domestic and foreign companies have participated in the business incubation platform in Beijing's Haidian district as part of the national innovation-driven development strategy.
The big companies have become the major force for establishing company incubators since 2017, according to Beijing Z-innoway Technology Services, a government-funded company that runs service agencies for entrepreneurs in Haidian district.
Four out of five newly established incubators in Haidian district since 2017 were founded by big companies such as DC Holdings and Baidu.
Photo