In late June, Hanhai Studio had its first ACE Program Trip of 2019. The program launched a series of roadshows that brought six US-based companies to multiple cities in China – Beijing, Chongqing, and Foshan.
Program participants were carefully selected based on their influence and expertise in their respective industries. They were also evaluated on their potential to bring promising business to the China market, and their ability in expanding their venture in doing so.
This ACE trip’s roster included prominent leaders from Silverwood Entertainment (Location-Based Entertainment/LBE), Esports Showdown (Esports), Whipsaw (Industrial Design), and Esports times (VR Esports). In each city, industry leaders had the opportunity to meet with potential strategic partners, investors, and collaborators, along with local government resources with the ultimate goal of establishing a strong presence in the China market.
The participating companies were able to connect with the National Foreign Trade Base, Ali-Sports, Xiutan Esports, Wukesong Arena (2008 Beijing Olympic Games Basketball Competition Venue), Wanguan Sports, Southern Newspaper and Southern Guangyuan Culture, along with other large enterprises in China. Productive and meaningful conversations were conducting regarding esports development and location-based entertainment launchings.
Various meaningful conversations occurred regarding business opportunities and collaboration on both sides to launch hundreds of LBE locations across China.
With the trip concluded, Hanhai Studio will continue to support these companies in the next phase of their business expansion in China.
Beijing
Beijing is the capital of the People’s Republic of China, a world-famous historical city and cultural city. It is the political, economic, transportation and cultural center of the country. It is a fusion of China’s splendid culture and art, leaving many places of interest and cultural landscapes. Beijing is the center of politics, culture and international exchanges in the country, and it is a vibrant and comprehensive industrial city. After the reformation, especially during the “Ninth Five-Year Plan” period, the CPC Beijing Municipal Committee and the Municipal Government proposed the concept of “capital economy.” The city’s national economy continues to grow rapidly and healthily, and its comprehensive economic strength remains at the forefront of the country.
Chongqing
Chongqing has diverse and competitive industrial sectors as well as a good supplier network. Chongqing was one of China’s industrial bases and now is strengthening its five backbone industries: automobile & motorcycle, chemical & pharmaceutical, construction & building material, food, and tourism. Chongqing is also expediting the development of the high-tech industries: IT, bioengineering and environmental protection. Chongqing has a large pool of R&D talents in 1,000 more institutions and 34 universities and colleges. Over 600,000 people are engaged in R&D or technical work. Chongqing has enormous demands for consumption and investment. It plans to accelerate economic and social development, become the window of China to the world, exert its influence to surrounding areas, and back the development of the Southwest China and the upper Yangtze, based on the CENHUB strategic framework (to make Chongqing the centers of business and trade, finance and science, education, information and culture, the hubs of transportation and telecommunication, and a high-tech based modern industrial base).
Foshan – Nanhai District
In Foshan, three major platforms support three major areas: 1) Central area: manufacturing base, industrial think-tank, traffic hub Platform: national high-tech industrial development area Industries: automobile, display panel, new optical source, home electrical appliances, and machines; 2) East area: highland for finance and business, industrial headquarters, urban ecology and personnel Platform: Guangdong High-tech Service Zone for Financial Institutions Industries: finance, business and trade service, cultural creation, information and science and technology service industry, headquarters economy; 3) West area: logistic, business and trade, culture and tourism, ecological recreation Platform: national tourism industry concentration (experimental) area Industries: cultural and tourism industry, modern logistic industry.
