China has had its fair share of big start-up failures too, such as bike sharing unicorn Ofo. Photo: Bloomberg
China has had its fair share of big start-up failures too, such as bike sharing unicorn Ofo. Photo: Bloomberg
Start-ups
Tech

China climbs to 14th place in global start-up ecosystem as Beijing focuses on tech development, says report

  • Beijing, which came in as the top city for start-ups in Asia, climbed from 17th to No 6 globally while Shanghai jumped from 31st to 10th globally
  • The US, UK and Israel were the top three start-up nations globally

Tracy Qu
Tracy Qu in Shanghai

Updated: 10:32pm, 3 Jun, 2020

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China has had its fair share of big start-up failures too, such as bike sharing unicorn Ofo. Photo: Bloomberg
China has had its fair share of big start-up failures too, such as bike sharing unicorn Ofo. Photo: Bloomberg
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