China Health Medical Big Data Industry Innovation Competition: Five Key Highlights Ahead of Kickoff
This world is ours, and it is yours, but ultimately, it belongs to the innovators.
Innovation determines the future of a country, a nation, and an industry. Innovation in China’s health and medical big data industry will lead people to scale the peaks of existing knowledge and discover new frontiers in healthcare.
To identify, nurture, and select high-quality projects, and to accelerate the construction of a business ecosystem, data ecosystem, and capital ecosystem centered on the national team in health and medical care, China Electronics Data Service Co., Ltd.Jointly with medical consortiums and other institutions, co-hosted the inaugural China Health and Medical Big Data Industry Innovation Competition. SinceSince its launch on May 11, 2018, this competition has garnered widespread attention within the industry. With just two weeks remaining until the first regional finals, here are “Five Key Highlights” to help you quickly get up to speed if you are not yet familiar with the event.
Highlight 1: Strong backing from national-level teams paves a broad path for high-quality projects
To implement the directives of the CPC Central CommitteeIn line with the spirit of “promoting the application of big data in health and medical care” and implementing the requirements set forth in Document No. 47 issued by the General Office of the State Council, efforts have been made to advance the development and application of national health and medical big data. In 2017, under the leadership of the former National Health and Family Planning Commission, three major state-owned health and medical big data groups were officially established, among which is China Health and Medical Big Data Industry Development Group Co., Ltd.
As a specialized platform company under China Electronics Corporation (CEC) that provides data integration, management, and application services for key national industries and departments, China Health and Medical Big Data Industry Development Group Co., Ltd. focuses on building“Security” and “Intelligence” are its two core capabilities. Meanwhile, China Electronics Data has extensively and deeply participated in national projects on health and medical big data and joined relevant key organizations, establishing itself as a national team player in the development of the health and medical big data industry. Its roles include serving as the entity responsible for the planning, construction, and operation of the National Pilot Project (Fuzhou) for the Construction of National Health and Medical Big Data Centers and Industrial Parks; acting as the sole implementing unit for the National Development and Reform Commission’s key “Internet + Healthcare” project; co-establishing the National Engineering Laboratory for Medical Big Data Application Technology; and serving as the secretariat unit of the Professional Committee on Industry Development and Information Security under the Chinese Society for Health Informatics and Medical Big Data (also known as the China Health and Medical Big Data Industry Alliance).
To cultivate a healthy medical industry ecosystem, CEC Health Fund, under CEC Data, has joined forces with Medlinker, SPDB Silicon Valley Bank, Tasly Capital, Lingyi Center, Qihuang Traditional Chinese Medicine Foundation, Danxi Technology, Zhongguancun Technology Leasing, VCBeat, and other institutions to jointly launch the China Health and Medical Big Data Industry Innovation Competition.
Highlight 2: Extending invitations nationwide to attract the most innovative thinkers
The competition’s recruitment scope extends across China, with the entire course of events lasting nearlyOver a five-month period, seven city-based competition zones were established across China in Beijing, Shenzhen, Guangzhou, Fuzhou, Hangzhou, Chengdu, and Wuhan. Following preliminary screenings, 30 high-quality projects from each city advanced to the regional finals for intense competition. The top three contenders from each zone were then ranked to select the top 5 in the “Angel Star” category, the top 15 in the “Growth Star” category, and the top 5 in the “Basic Data” category. Additionally, five candidates from the “Rising Star” category received targeted invitations to the National Finals, where they competed for gold, silver, and bronze awards, as well as business collaboration and resource-matching opportunities with the “National Team.”
With the competition about to kick off, do you want to see how China’s most innovative thinkers are steadily paving their way to becoming core forces in the future of healthcare? If your answer is yes, please take note of the following schedule for the regional finals and the national grand finals:
Beijing Division Finals:July 8, 2018
Shenzhen Division Finals:July 14, 2018
Guangzhou Division Finals:July 21, 2018
Fuzhou Division Finals:July 28, 2018
Hangzhou Division Finals:August 4, 2018
Chengdu Division Finals:August 11, 2018
Wuhan Division Finals:August 18, 2018
Beijing Regional Finals (Traditional Chinese Medicine(+TMT Special Session): August 25, 2018
National Finals:September 8, 2018
Highlight 3: Comprehensive Coverage of the Medical Field, Optimal Selection Across Four Major Categories“Potential Stock”
To salvage"The Most Innovative Fish" – This competition casts a wide net, inviting applications from technology-driven and business model innovation startups in China’s healthcare sector, as well as broad data-related projects in the TMT (Technology, Media, and Telecom) space.
Technological innovation projects include, but are not limited to, those in the fields of the Internet, big data, artificial intelligence, data governance technology, blockchain, the Internet of Things (IoT), genetic testing, and smart devices.
Business model innovation categories include, but are not limited to, smart Traditional Chinese Medicine (TCM), TCM herbal decoction pieces, TCM cosmetology, TCM consultation, health and wellness, TCM hospitals, TCM clinics, TCM halls, TCM nursing, TCM big data services, internet healthcare, and pharmaceutical retail./ distribution, primary healthcare, healthcare informatics, consumer healthcare services, maternal and infant care, rehabilitation and nursing, medical consultation and pharmaceutical services, health management, health insurance, artificial intelligence, medical staff tools, and innovations in various testing services.
Pan-data projects include, but are not limited to, data security technologies, cloud security technologies, algorithms, and computing power.
Based on the aforementioned fields, we have divided the competition into four categories, namely: MedicalThe “Angel Star” group, the “Growth Star” group, and the “Rising Star” group, along with the TMT “Basic Data” group. Through preliminary rounds, regional finals, and the China Grand Finals, the most promising “potential stocks” from each group will emerge as winners, securing competition awards and high-quality partnership resources, thereby laying a solid foundation for their development into “high-performing stocks.”
Highlight 4: Premier Projects Curated by 100 Leading Investment Firms, Elite Participants Deliver an Exceptional Competition
Watch the top teams at the World Cup; discover high-quality projects at the China Health and Medical Big Data Industry Innovation Competition.
In addition to the strong support from the organizers, co-organizers, supporting organizations, and regional joint organizers, this competition also features the participation of Sequoia Capital China, SoftBank China, Sinowest Capital, Legend Capital, Puhua Capital, Huagai Medical Fund, Ping An Ventures, The Carlyle Group, Tonghe Yucheng Capital, Qiming Venture Partners, StarVC, Demo Capital, Fortune Capital, Zero2IPO Capital, Huayi Capital, Hualing Capital, Matrix Partners China, Multi-Dimension Capital, Haoyue Capital, Daotong Capital, Xingkong Capital, Lianghe Venture Capital, Delian Capital, BlueRun Ventures, Fuyu Asia, Yuanjing Capital, Beijing Chunxin Capital, Shiyu Capital, Morningside Venture Capital, Cowin Capital, Volcanic Stone Capital, Buchang Pharmaceutical (Yuan Yuan Liu Chang), Chende Capital, Vertex Ventures China, Shangshi Capital, Oriental Fortune Capital, Caijin Capital, GPC Investment (Mobile Health), Hongli Venture Capital, Anlong Fund, China Equity Holdings, Fukun Venture Capital, Binghong Capital, BGI Win-Win, Silver River Capital, Mifang Capital, Tongdu Capital, Taikang Asset Management, Joincare Medical Fund, Shanlan Capital, Huiding Jishi, Xiao Ji Shi Da, Langsheng Investment, Xiyu Capital, CMB International Capital, Guoke Jiahe, Qualcomm Ventures, Beijing Enterprises Healthcare Industry Fund, Kaifeng Venture Capital, GTJA Capital, CICC Zhide, Lianxin Capital, Pioneer Investment, SDIC Innovation, Yidu Holdings, Broadband Capital, Beijia Capital, Panlin Capital, Tan Zhen Capital, Peking University Medical Innovation Valley, Health Intelligence Valley, SBC, Guan Hao Life and Health Technology Park, Bai Chuang Hui, Beta Dream Factory, Western China Medical and Health Expo, iFenxi, and Tencent众创空间.(Wuhan), Wuhan Optics Valley Smart Health Park,Optics Valley Biopharmaceutical Industrial Park,including Zhongzhong Technology, Wujie Advanced Studies, Weiyi Association, and others100+ Investment Institutionsand Industrial ParkProvide Strong Support and Carefully Promote the Competition300+ medical innovation projects compete alongside high-quality entries from across China for the top three spots in each category.
From the First Regional Finals to the National Grand Finals,Over two months, across seven regions, 210 teams will compete in a total of nine matches. This high-caliber competition is set to ignite the venue and spark fresh innovation in the healthcare industry.
Highlight 5: Gathering 100 Discerning Talent Scouts to Rigorously Select the Competition’s Strongest Dark Horse
To ensure the“Fair, Just, and Transparent”: Rigorously selecting the strongest dark horses from seven major regions across China, the Competition Organizing Committee has invited industry experts and distinguished investors from over 20 top-tier medical institutions, more than 10 listed companies, over 20 leading healthcare investment firms, and more than 200 outstanding investment institutions to participate in project evaluations. This initiative is meticulously designed to facilitate collaborations at both the capital and business levels, thereby expanding opportunities for partnership for all participating projects.
All participating projects will have the opportunity to passionately present their healthcare ventures, entrepreneurial aspirations, and unwavering commitment to the medical field before the industry’s most authoritative experts and investors. Under the spotlight, these projects will serve as beacons of China’s future core healthcare forces, illuminating the path for peers and building hope for the nation’s healthcare future.
The judges include, but are not limited to, the following individuals (listed in no particular order):
Xiaomeng Wu Jieping Medical Foundation Chairman
Wang Youcai Former Deputy Director of the Statistical Information Center, National Health Commission
Wang Chen (proposed) President of the Chinese Academy of Medical Sciences & Peking Union Medical College
Wang Haitao Chinese Academy of Medical Sciences Dean, School of Continuing Education, Peking Union Medical College
Wang Shan Former President of Peking University People's Hospital
Song Xin President of the Medical and Health Industry Branch of the China Information Association
Chen Guoping Mayor of Donghu Digital Town
Li Shifeng Chairman of CEC Data, Managing Partner of CEC Digital Finance
Cai Jiangnan Director, Center for Health Management and Policy Research; Adjunct Professor of Economics, CEIBS
Duan Tao Founder of Chuntian Medical Clinic
Li Guangxi Guang'anmen Hospital of China Academy of Chinese Medical Sciences Director of the Department of Respiratory Medicine,Assistant Professor, Division of Pulmonary and Critical Care Medicine, Mayo Clinic
National Joy Director of the Outpatient Department, Chinese PLA General Hospital; Standing Committee Member, Professional Committee on Industrial Development and Information Security, China Health Information and Healthcare Big Data Society
Li Zhouheng President, SPDB Silicon Valley Bank Beijing Branch
Liu Shouquan Assistant General Manager, Zhongguancun Science & Technology Leasing Co., Ltd.
Liu Ming Founder of Lingyi Chuangzao andCEO
Song Yu General Manager of CEC Digital Finance, Partner of CEC Health Fund
Zhang Yan Partner, Ping An Capital
Shi Guomin Executive General Manager, Huagai Medical Fund
Shirui Wang Founder of Medlinker andCEO
Hua Erdong Partner, Tonghe Yucheng
Lin Sheng Partner, Hony Capital
Zhou Mi Partner, Puhua Capital
Wang Jianfei Executive Director, Legend Capital
Liu Wanlin The Carlyle Group Managing Director
Li XiaojunPartner, IDG Capital
Wang Xiaocen Partner, CEC Health Fund
Yang Jin Partner, Healthcare Fund, Songhe Capital
Wang Xiaoyan Partner, Jinpu Health Fund
Chen Penghui Founding Partner of Boyuan Capital
Wu Kai Partner, SoftBank China
Liu LuMiddleGeneral Manager, Anjiankang (a fund under Anhui Provincial Investment Group)
Xue Dongbo Chairman of Yihai Zhongkang Investment
Liu Wei Baidu VenturesCEO
Yang Ji President of Danxi Technology
Zou Guowen Partner at DaoTong Investment
Wu Yongming Chairman of Alibaba Health
Yan Kaijing Chairman of Tasly Group
Chen Qiyu Executive Director and Co-President of Fosun International
Zhu Lixian (proposed) President, Bayer Greater China
Wang Siyang Chairman of Kunming Pharmaceutical Group
Wang Lei (proposed) Executive Vice President, AstraZeneca; General Manager, China
Liu Baolin Chairman of Jointown Pharmaceutical Group
Wu Xiaobin General Manager and President, BeiGene China
Liang Jianqiu Head of Greater China, Strategic and New Business Development Department, Philips Group
Pan Chengpu Director of Business Development, Wyeth Pharmaceuticals Co., Ltd.
Bu Jiangyong Chairman of Sanpower Health Industry Group
Li Datao Founder of VCBeat
Who Can Successfully Take the First Step on the Path to Becoming a Core Force in Future Healthcare?
Who will win the unanimous acclaim of professional judges and earn the favor of numerous investment observers?
Who can ultimately seize the“National Team” Business Collaboration and Resource Alignment Opportunities: Pioneering New Frontiers in Medical Innovation?
The 1st China Health and Medical Big Data Industry Innovation Competition (Official Website: http://vcbeat.top/cdhic) is about to kick off! Join the competition or come watch!
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