The China-New Zealand High Technology Investment Summit organised by the China Chamber of Commerce in New Zealand was an effective facilitator of cross border collaboration. Prominent Chinese and local investors were paired with innovative New Zealand companies from a variety of industry sectors in an effort to forge new business relationships and accelerate investments.
The investors have been attracted to New Zealand’s start-up culture. As an island nation, New Zealand has had a long history of ‘making do’ with limited resources and this ‘number eight wire’ mentality has fostered a spirit of entrepreneurship. This has been demonstrated by the explosive growth of start-ups in the tech field over the past decade. However, New Zealand’s economy is relatively small with a limited number of local investors and many of those are risk averse. “We organised this event to help New Zealand businesses thrive on the international stage by introducing promising ventures to the capital they need,” said David Wang, CEO of BOCNZ and Chairman of CCCNZ. The CCCNZ cooperated with NZTE and NZVIF utilising Bank of China’s extensive network as corporate and commercial banking specialists supporting New Zealand entrepreneurs.
Participants from the fields of med tech, biotech, agritech, cleantech, Internet, greentech, fintech, Smart Cities, logistics, e-commerce, coworking and, Hi-Tech – Immersive Entertainment, Wearable Technologies VR/AR attended the summit alongside recognised Chinese investors and leading strategic partners. Panel discussions were quite informative, especially the session analysing China’s future trends in the tech sector.
The summit gave the Chinese delegation exposure to innovative Kiwi companies and the NZ participants an opportunity to seek overseas investment by pursuing new business partnerships in the Asian market. The summit included B2B meetings connecting players on both sides opening the door wide open for cross-border collaboration. A TV reporter covered the summit for broadcast on the evening news, see http://www.newshub.co.nz/home/money/2017/10/matchmaking-with-kiwi-inventors-and-chinese-investors.html.
- The Summit organisers were China Chamber of Commerce in New Zealand (CCCNZ) and Bank of China (NZ) Ltd. supported by New Zealand Trade and Enterprise (NZTE) and New Zealand Venture Investment Fund (NZVIF)
- The Chinese investors invited by Bank of China with interest in various Investment Stages Seeds, (Angel, Pre-A, A, B and IPO) were: Jason Li, Co-founder and Managing Director of Delta Capital; Alex Zheng, Chairman of Co-Win Capital; Huawei Feng, Managing Director of SV Capital; Jeffery Hsu, Vice President, E United Group; Xin Liu, Chairman of Xinchen Investment
- VIDEO: see Newshub Reports