At the 65th anniversary of the “Ice-breaking Journey” between China and Britain, in order to implement the pragmatic results of the “Golden Age” between China and Britain, at the invitation of the Ministry of Science and Technology, the Pitch@Palace China 2019 will be held in Shenzhen, in cooperation with the 17th Conference on International Exchange of Professionals (CIEP) for the first time, to share ideas about the future with Shenzhen, a vibrant and innovative city.

Shenzhen to Fully Participate in Pitch@Palace China

In the past four years since its launching, Pitch@Palace has supported more than 1,371 entrepreneurial projects around the world, helping to establish more than 7,200 effective value links. Many entrepreneurial projects have been successfully acquired by internationally renowned companies and have received a total investment of nearly 880 million pounds. Pitch@Palace connects with the world and six platforms in China, including Tsinghua Technology and Innovation. China is the largest platform among the eight host countries of Pitch@Palace.

Pitch@Palace China 2019 be held in Shenzhen. It is also the first time for it to cooperate with CIEP. As the implementation unit of the conference, Shenzhen Center for International Exchange Personnel will fully participate in the activities of Pitch@Palace China 2019.

China Teamed Up for the Activities of Pitch@Palace China 2018

Recently, the global finals of the 3rd Pitch@Palace was held in London. Representatives of 23 winning entrepreneurial projects from 15 countries showcased the results of innovation and entrepreneurship to business leaders, experts, scholars, and investment institutions from around the world. In terms of the maturity of technology and application, the products displayed by the participating makers had the potential to change the world. Prince Andrew hoped that investors and professionals in various fields would pay more attention to the projects of participating companies and provide necessary assistance for their development.

The Chinese Dream Team participating in the global final of the 3rd Pitch@Palace was composed of three start-ups, namely Pony.ai, YI Tunnel, and Eve Fashion. In the 2nd Pitch@Palace China in June, 2018, they were the top three start-ups from the 23,000 competitors. They mainly focused on the field of artificial intelligence and big data and had advanced technology in their respective fields.

In addition, the AI-Robotics project of Pitch@Palace Chinese entrepreneurial team won the second place in the global final of Pitch@Palace 2017.

Pitch@Palace Twice a Year Likely in the Future

Speaking of the strategic development plan of Pitch@Palace China, Prince Andrew had great confidence in the gratifying development of the Chinese division. Pitch@Palace China would definitely continue to grow; it might be held twice a year and there might be many divisions in the future, he said. The positive impact of Pitch@Palace on bilateral relations comes from the value it provides and not just the events itself.

Yang Tengbo, a founder of Pitch@Palace China, said that Pitch@Palace was a leading innovation and entrepreneurship project in the world; Prince Andrew shared his rich resources to promote the development of innovation and entrepreneurship, and helped to open up the two-way communication channels between China and Britain. Xia Hua, another founder of Pitch@Palace China, said that in the past two years, a large number of innovation projects emerged in China, and an international matching platform was urgently needed. Pitch@Palace could serve as an opportunity to compete with international players. At the same time, more and more Chinese innovative companies not only pursued the commercial value of projects, but also paid more attention to the social significance, that is, how many people could benefit from the project, he added.