Reuters Investigation: About 80% of Startups in Shenzhen Target Overseas Clients
On November 12, Reuters reported that Shenzhen showcased technological achievements such as autonomous taxis and drone coffee delivery to welcome the APEC summit. However, about 80% of the projects from over 120 startups in the Shenzhen College of Sci-Tech Innovation incubator are targeting overseas clients, with one scalp care equipment company stating they do not sell in China.