China Fortune Land Development Helps to Upgrade China’s Industries with Technological Innovation
China Fortune Land Development, a leading expert in investment and operation of industrial area in China, officially launched a high-tech incubator in Silicon Valley on Feb. 28, 2014. The incubator marks a new way to upgrade China’s industries, a new platform to connect China’s and US high-tech industries and a key step of CFLD’s global expansion.
The US has the richest technological resources, the most sophisticated educational system, and the best innovative environment in the world. It fosters a large number of international giants and innovative startups that provide services and products to customers around the world.
The CFLD high-tech incubator is an important step the company takes to realize the goal of combining industrialization and innovation in China and the US. With the incubator, CFLD provides a new way to translate technological innovation to business results. Technological innovation in the US can develop in an industrial environment in the incubator and eventually reaches out to the Chinese market.
This is a win-win scenario for both China and the US, said industry experts. The US has a large number of cutting-edge technologies and patents while China has a huge market. Through the incubator, US innovation can reach out to customers outside the US and China can upgrade its industries by bringing in advanced technology overseas.
Compared with Chinese peers in Silicon Valley, the CFLD high-tech incubator not just emphasizes high-tech incubation, but also tries to find a way to connect industries from China and the US and build up a sustainable industrial value chain with the incubator. CFLD aims to incubate high-tech projects in Silicon Valley and bring these projects to Chinese industrial parks for their further development when they are ready, in an effort to build up a whole industrial value chain.