Over 20 South African start-ups compete in XIEC to reach finals in China

Source:Global Times Published: 2017/9/26 13:53:39

Over the weekend, more than 20 South African start-ups competed in the semi-finals of the Xi'an International Entrepreneurship Competition (XIEC) hosted at Stellenbosch University, Cape Town to grab the opportunity of making it to the finals, which are to be held in November in Xi'an, capital of Northwest China's Shaanxi Province, people.com.cn reported on Sunday.

These entrepreneurs stood out from over 700 start-ups, five of which will win flight tickets to Xi'an so they can compete in the finals against all the best young entrepreneurs from around the world, including those from Silicon Valley, Berlin, Tel Aviv, Sydney as well as domestic cities.

Through healthy competition, XIEC aims to build an international platform for innovation, entrepreneurship and communication and commits to attracting foreign investment as well as accelerating domestic and foreign advanced technological achievements arriving in Xi'an.

During the semi-finals, many young South African entrepreneurs showcased the newest technology in such sectors as information technology, biomedicine, new energy and agriculture.

In particular, projects like unmanned aerial vehicles, which can protect against diseases in farmer fields, and automobile gas purifiers, sparked the interests of many attendees.

Many of these projects have already obtained international intellectual property rights, showing the vitality of innovation in South Africa, Liu Guangling, a professor of economics at Stellenbosch University, and also a judge of the competition, was quoted as saying.

"Go to China and realize the innovation dream" is the common view held by the South African entrepreneurs, because the big progress that China has achieved in technology innovation is ''amazing'' in their eyes, according to the people.com.cn report.

"As a start-up entrepreneur, you're out if you don't keep an eye on China's innovation," Elliot Mofokeng, an entrepreneur from South Africa's Free State said, noting African innovation is relatively lagging behind China's, so more cooperation is expected to be developed between China and Africa within the innovation sector in the future.

 



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