STORY: Global start-ups, incubators seek business opportunities in Chinese market
SHOOTING TIME: Recent footages
DATELINE: Sept. 30, 2024
LENGTH: 00:01:34
LOCATION: SHANGHAI, China
CATEGORY: ECONOMY

SHOTLIST:
1. various of Shanghai
2. SOUNDBITE 1 (English): SIMON THOMAS, Chief Executive Officer, Paragraf
3. SOUNDBITE 2 (English): JORG KOP, Managing Director of UtrechtInc Startup Incubator

STORYLINE:

Global incubators and start-up entrepreneurs have praised the opportunities bred by the vast Chinese market and incubation soil for technology start-ups at the World Top-Performing Incubator Conference 2024.

The conference, held in Shanghai Municipality from Sept. 26 to 28, attracted nearly 300 innovation projects in cutting-edge fields such as biomedicine, integrated circuits and artificial intelligence.

It saw the attendance of top incubators from more than 10 countries, including China, the United States, Canada and the Netherlands.

SOUNDBITE 1 (English): SIMON THOMAS, Chief Executive Officer, Paragraf
"China is a great market for Paragraf. There are some great innovations going on, particularly in electric vehicles, electrification of the whole ecosystem and in health care as well, which are great opportunities for Paragraf. So growing our presence in this region is critical for the growth of the company. For the conference itself, I'm hoping I'll meet like-minded, excited, innovative companies so that we can partner together."

SOUNDBITE 2 (English): JORG KOP, Managing Director of UtrechtInc Startup Incubator
"What we are mainly looking for is to get a clear insight on what is needed to conquer the Chinese market. The main role of an incubator is to be a matchmaker or a super connector. So we need to have the network. That is what's we are experiencing now, very much hospitality, very kind people who help us further in broadening the network so that we can help our startups to finally come to the Chinese market."

Xinhua News Agency correspondents reporting from Shanghai, China.
(XHTV)