The final of the second Beijing-Taiwan Youth Innovation and Entrepreneurship Competition was held at the Zhongguancun Science Park Exhibition Center in Beijing on Aug 25.

Some 42 youth entrepreneurship teams from Beijing and Taiwan went head-to-head in the final. Two teams from Taiwan–SETA Xianda Tech and Weijie Biomedicine–won first prize in innovation and small and micro-sized enterprise categories, respectively.

The final of the second Beijing-Taiwan Youth Innovation and Entrepreneurship Competition is held in Beijing on Aug 25. [Photo provided to chinadaily.com.cn]

The competition, co-hosted by the Beijing Taiwan-funded Enterprise Association, Beijing Business Incubation Association and Chinese Business Incubation Association, attracted 900 teams from Taiwan to participate.

More than 40 projects were presented during the competition, covering the fields of e-commerce, edutainment, artificial intelligent (AI), intelligent hardware, biomedicine, environmental protection and energy conservation.

Yu Jun, governor of Beijing's Haidian district, said that the competition stirred a storm of innovation and entrepreneurship in both Beijing and Taiwan, promoting exchanges of technology between the two regions.

Winners of the second Beijing-Taiwan Youth Innovation and Entrepreneurship Competition pose for a group photo. [Photo provided to chinadaily.com.cn]

Wang Jinghui, from Weijie Biomedicine said, "The competition gives us an overall view of Beijing’s incubator environment, and the huge market scale in the mainland is a great attraction to us."

Zhongguancun Science Park has become a cluster of global high-end talents and a hot destination for youth to start new businesses. The Beijing municipal government welcomes Taiwan youth to the city, according to government official Qi Jing.

Judges at the second Beijing-Taiwan Youth Innovation and Entrepreneurship Competition score project presentations. [Photo provided to chinadaily.com.cn]

Edited by Zachary Dye