Identified along with Beijing as an up-and-coming threat to California’s Silicon Valley, in recent years Shanghai has entered the “major leagues” of startup ecosystems. Erik Walenza-Slabe, Startup Grind’s Shanghai chapter director, even described Shanghai as “one of the largest and most active regions of entrepreneurial activity in the world.” With about 500 incubators and accelerators in this metropolitan area, Shanghai creates the perfect environment for fast-paced Chinese startups to flourish.


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