"Innovation Sharing Yubei • Realizing Dreams" Enterprise Development Forum Successfully Held at Chongqing Health Valley Incubation Base

Oct 26, 2018 18:05 CST Updated 18:05

On October 25, 2018, the “Chuangxiang Yubei · Achieving Dreams” Enterprise Development Forum, hosted by the Human Resources and Social Security Bureau of Yubei District, Chongqing Municipality, and organized by the Employment and Talent Service Bureau of Yubei District, Chongqing Municipality, and the Chongqing Health Intelligence Valley Entrepreneurship Incubation Base, was successfully held at the Health Intelligence Valley in Huarong Modern Plaza.

Distinguished guests in attendance included Liu Qian, the official in charge at the Yubei District Employment and Talent Service Bureau of Chongqing Municipality; Tan Tuo, Deputy Chief of the Entrepreneurship Services Division; Wang Hongmei, Vice President of Tianyi Group; Xu Hui, Chairman of Chongqing Science and Technology Venture Capital Company; Li Datao, Founder of VCBeat; and Professor Liu Wei, Doctoral Supervisor at Chongqing University. The attendees engaged in extensive discussions on policy directions, the medical industry ecosystem, and the opportunities and challenges facing entrepreneurs.

In entrepreneurship, project positioning must be precise, and one must always maintain their unique characteristics.

In addition to strengthening internal capabilities and improving operational management standards, enterprises must conduct in-depth research on consumers, competitors, partners, the broader economic landscape, and changes in national policies. The key lies in maintaining their unique characteristics and ensuring accurate project positioning, thereby sustaining a competitive advantage and achieving continuous development.

Speech by Liu Qian, Official in Charge at the Employment and Talent Services Bureau of Yubei District, Chongqing Municipality

Leveraging Health Entry Points to Build Clusters and Mass-Incubate Healthcare Unicorns

Leveraging China’s largest health-focused entry platform as its foundation, Tianyi Group harnesses the power of technology, market dynamics, and capital to strategically deploy, develop, and integrate the Meinian ecosystem, establish a synergistic closed-loop industry chain, and build a comprehensive health industry cluster. With“Industry Chain Integration + Comprehensive Innovation Services + Early-Stage Investment”” unique model, creating an incubation service platform that covers the entire industrial chain in the healthcare sector, and has successfully incubated a number of unicorn companies such as Anhan Medical and Yidu Cloud.

Speech by Wang Hongmei, Deputy General Manager of Health Intelligence Valley

Chongqing’s Yubei District Supports Startups by Micro and Small Enterprises: Maximum Loan of RMB 3 Million Available Through Startup Guarantee Loans

Tan Tuo, Deputy Chief of the Entrepreneurship Services Division at the Yubei District Employment and Talent Service Bureau in Chongqing, interpreted the district’s entrepreneurship support policies from six aspects: social insurance subsidies, job position subsidies, guaranteed loans for entrepreneurship, interest subsidies for key enterprises established by returning entrepreneurs, startup subsidies for rural residents who have become urban residents due to land requisition, the “Panhai Yangfan” Entrepreneurship Initiative, employment and unemployment registration management, and job stabilization subsidies. Among these, the maximum amounts for individual guaranteed loans and guaranteed loans for small and micro enterprises are RMB 200,000 and RMB 3 million, respectively.

Tan Tuo, Deputy Chief of the Entrepreneurship Service Section, Employment and Talent Service Bureau of Yubei District, Chongqing Municipality

Chongqing Is Building an Innovation and Entrepreneurship Hub for the Integration of Medicine, Medical Services, and Pharmaceuticals

Xu Hui, Chairman of Chongqing Science and Technology Venture Capital Co., Ltd., shared insights on building an international ecosystem for technological innovation in the medical industry, analyzing the components of Chongqing’s innovation and entrepreneurship ecosystem chain for the biopharmaceutical sector, namely, the need toScience and education institutions, talent development, capital, social networks, mechanisms and systems, enterprises, etc.integrate these elements in an organic manner to comprehensively boost the development of the integration of medical care, health insurance, and pharmaceuticals. In this process, we hope that more outstanding healthcare enterprises will establish their presence in Chongqing, jointly contributing to building Chongqing into a highland for entrepreneurship in the integrated development of medical care, health insurance, and pharmaceuticals.

Xu Hui, Chairman of Chongqing Science and Technology Venture Capital Company

The Dilemma of the Healthcare "Impossible Trinity" Can Be Broken Through Incremental Technological Advancements

In his keynote speech titled “Digitalization and New Imaginative Horizons,” Li Datao, founder of VCBeat, introduced the “Impossible Triangle of Healthcare” model. This model highlights the tripartite challenge facing the healthcare industry: simultaneously improving the quality of medical services, expanding access to care, and curbing the growth rate of healthcare costs. To resolve this industrial dilemma, it is imperative to introduce new technological increments. The emergence of such new technological paradigms will transform operational models, industrial structures, and institutional arrangements, while the advent of new technologies will trigger extensive adjustments in prices and production networks within the economic system.

Li Datao, Founder of VCBeat

Entrepreneurs’ strategic focus should be driven by a sense of opportunity, not by existing resources.

Professor Liu Wei, a doctoral supervisor at Chongqing University and an academic (technical) leader in Chongqing Municipality, used three medical innovation and entrepreneurship projects he participated in as case studies to analyze the organizational growth of medical innovation enterprises, the construction of entrepreneurial networks, and the challenges and solutions related to entrepreneurial financing. He advised entrepreneurs to focus on cultivating their own capabilities in opportunity identification, resource acquisition, and change leadership.

Professor Liu Wei, Doctoral Supervisor at Chongqing University and Academic (Technical) Leader of Chongqing Municipality

This event focused on Chongqing’s innovative initiatives in the health sector, featuring discussions on policy support, funding, management, and their interplay with the development of the broader health industry. The aim is to accelerate the growth of outstanding enterprises in the medical and health fields on the Health Intelligence Valley Medical Innovation Platform.