Kazakhstan launches innovation hub in China

Kazakhstan launches innovation hub in China

Kazakhstan has launched the Khan Tengri Innovation Hub in China. The opening took place at the Zhangjiang Hi-Tech Park in Shanghai, known as Asia’s Silicon Valley. This first specialized platform will provide IT companies and startups from Kazakhstan and Central Asia with the opportunity to enter the Chinese market, and, consequently, a chance to grow into global players. Notably, the hub is already collaborating with China’s accelerator XNode and launching programs for businesses at various stages of development.

«We believe this will be an important platform for promoting our startups’ products in the Chinese market. It is a very large market where many unicorns are emerging. We think that opportunities should be provided not only for entering Western markets, but also for tapping into a large market like China. That’s why we invite all startups and entrepreneurs to take advantage of our IT hub, where you will receive comprehensive support,» noted Kazakh Minister of Digital Development, Innovation and Aerospace Industry Zhaslan Madiyev.