“Impact China” Project Accelerates Cooperation Between China and France
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.