A guitar's trip of innovation, globalization

Zhongguancun industrial zone in Haidian, Beijing has been transformed into a nationwide incubator for entrepreneurship and innovation. [Photo Provided to China Daily]

The company is considering the possibility of producing guitars in South Asia and has been keeping in touch with an Italian manufacturer on the possibility of using mechanical arms to replace part of human labor in the production.

Zhang has an even bolder idea. He plans to build a social platform for music-lovers in the United States to promote self-learning and smart-learning of instruments throughout the world.

Chinese innovative enterprises, like PopuMusic, are looking forward to expanding into overseas markets, while foreign startups are seeking better development in China. Both share the same idea of making full use of global resources to innovate.

So far, Inno Way and other incubators have collaborated with 31 organizations from more than 10 countries in innovative exchanges, cross-border joint incubation programs and other cooperative projects. A total of 194 overseas returnees and foreign startups have taken root in this place.

Inno Way has held a global innovation roadshow called "Demo the world" annually since 2015 to attract innovation startups from all over the world. Some of the winning projects have become permanent fixtures in Zhongguancun, obtained financing from Chinese enterprises and become potential acquisition targets of international companies like Apple.