“Im­pact China” Project Ac­cel­er­ates Co­op­er­a­tion Be­tween China and France

China's Foreign Trade (English) - - Regional Trade & Investment - By Wang Shiyu

On March 6, 2017, the French Busi­ness In­vest­ment agency ( Busi­ness France) and the French na­tional In­vest­ment Bank (Bpifrance) jointly launched the 2017 an­nual China France in­no­va­tion ac­cel­er­a­tor “Im­pact China” project. The in­no­va­tion ac­cel­er­a­tor “Im­pact China” projects are ori­ented for “La French Tech branch,” es­pe­cially for ma­ture com­pa­nies that give Chi­nese mar­ket pri­or­ity to the de­velop in­no­va­tive projects.

La French Tech Bei­jing is part­ner­ing with the or­ga­niz­ers of the “Im­pact China” pro­gram, Busi­ness France and Bpifrance hosted an event that brought French in­no­va­tive star­tups to­gether, which are on the dis­cov­ery of busi­ness de­vel­op­ment in China. La French Tech Bei­jing mem­bers and CEO/ Founders of 5 in­no­va­tive tech star­tups dis­cussed op­por­tu­ni­ties in the Chi­nese mar­ket and Chi­nese in­no­va­tion in Bei­jing.

In­no­va­tive tech­nol­ogy is a key point of fu­ture co­op­er­a­tion be­tween China and France

In re­cent years, China’s econ­omy is grad­u­ally es­ca­lat­ing. For many in­no­va­tive com­pa­nies in France, they are ea­ger to in­herit the spirit of Chi­naFrench co­op­er­a­tion and join this ac­tive

mar­ket with their ad­vanced tech­ni­cal ex­pe­ri­ence.

Co-or­gan­ised by Busi­ness France and Bpifrance, “Im­pact China” is an event de­signed to re­ward a se­lec­tion of promis­ing French in­no­va­tive com­pa­nies whose so­lu­tions and prod­ucts are best suited for the Chi­nese mar­ket. Thanks to a strong col­lab­o­ra­tion be­tween France and China, “Im­pact China” of­fers them the best con­di­tions to en­ter this ecosys­tem.

Philippe Bar­dol, in­vest­ment coun­selor of French em­bassy, also par­tic­i­pated in the ac­tiv­i­ties. as one has lived for many years in China, Philippe Bar­dol is very con­cerned about the Chi­nese “NPC and CPPCC,” and lis­tened care­fully to the “govern­ment work re­port” made by Li Ke­qiang, the prime min­is­ter of China. “I agree with the two words ‘con­sump­tion’ and ‘ in­no­va­tion’ that prime min­is­ter re­peat­edly re­ferred to. In fact, they are two lo­co­mo­tives to pro­mote China’s fur­ther de­vel­op­ment. The con­sumer sec­tor, in­clud­ing agri­cul­tural prod­ucts pro­cess­ing in­dus­try, like cos­met­ics and per­sonal ser­vices, while in­no­va­tive in­dus­try has more ex­ten­sive coverage, such as health, sci­ence and tech­nol­ogy.” He said.

Philippe Bar­dol be­lieves that nowa­days, in­no­va­tive tech­nol­ogy com­pa­nies are ac­tive in many in­dus­tries, which is one of the com­mon points that China and France can de­velop in the fu­ture. For ex­am­ple, in the health sec­tor, China’s ag­ing pop­u­la­tion has been more prom­i­nent in re­cent years, while France is the lead­ing force in the field of health­care in Europe. From the be­gin­ning of 2016, sev­eral French com­pa­nies have been in­volved in the con­struc­tion of some large nurs­ing homes in China. “The de­vel­op­ment of a va­ri­ety of fields needs dig­i­tal tech­nol­ogy, and I firmly be­lieve that dig­i­tal tech­nol­ogy can also be a use­ful help to the de­vel­op­ment of China,” he said.

Five com­pa­nies iden­tify China as a sig­nif­i­cant mar­ket for their de­vel­op­ment

“This project is dif­fer­ent from the pre­vi­ous. Th­ese com­pa­nies will not be lim­ited to the pos­si­bil­ity of en­ter­ing China through mar­ket re­search, ac­tu­ally they will choose a num­ber of long- term stay in or­der to truly en­ter the Chi­nese mar­ket,” said Philippe Bar­dol.

The se­lected 5 com­pa­nies had been ex­posed to the Chi­nese mar­ket to vary­ing de­grees. The “Im­pact China” project can help th­ese com­pa­nies to ac­cel­er­ate busi­ness de­vel­op­ment in China. In or­der to achieve this goal, the French Min­istry of Com­merce and in­vest­ment and the French na­tional in­vest­ment bank de­signed a new mar­ket de­vel­op­ment pro­gram for each com­pany with per­son­al­ized ser­vice.

For ex­am­ple, A2IA is a sci­ence and R& D driven com­pany with deep roots in ar­ti­fi­cial in­tel­li­gence, ma­chine learn­ing and neu­ral net­works. With sim­ple, easy to use and in­tu­itive tool­kits, A2IA de­liv­ers add-on fea­tures to speed au­to­ma­tion, sim­plify cus­tomer en­gage­ment and quickly cap­ture all types of data from doc­u­ments-whether cap­tured by a desktop scan­ner or a mo­bile de­vice.

“Trusted by thou­sands of en­dusers around the globe, in­clud­ing 8 of the top 10 Us-based banks, A2IA now plans to en­ter the Chi­nese mar­ket and es­tab­lish part­ner­ship with Chi­nese in­te­gra­tors and soft­ware ven­dors to im­ple­ment and re­sell its unique tech­nol­ogy,” said Jean-louis FAGES, CEO of A2IA com­pany.

Be­sides, Fabrice LACROIX from Fluid Top­ics by An­ti­dot in­tro­duced that, through Big Data and ma­chine learn­ing, Fluid Top­ics pro­vides soft­ware so­lu­tion de­signed to de­liver knowl­edge and in­for­ma­tion to cus­tomers in a per­son­al­ized and tai­lored way to fa­cil­i­tate prod­uct adop­tion. Fluid Top­ics cap­tures, mea­sures and an­a­lyzes user be­hav­ior and paves the road to­wards pre­dic­tive cus­tomer sup­port. “Fluid Top­ics iden­ti­fies China as a key mar­ket for its de­vel­op­ment and wants to part­ner with Value added Re­sellers, con­sult­ing com­pa­nies and com­ple­men­tary ISVS.” He said.

At the same time, Alexan­dre Feray from Open Air­lines, whose in­no­va­tive soft­ware named Sky­breathe uses Big Data al­go­rithms to an­a­lyze flights’ data and pre­dict the itin­er­ar­ies, also be­lieves that Open air­lines sees China as its first step into the Asian mar­ket and plans to meet with Chi­nese au­thor­i­ties as well as Chi­nese air­lines.

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