As 5G commercialization ambition grows and Sino-US tensions remain uncertain, startups are also joining the industry. While Chinese startups find the competition fierce and the market situation fast-changing, international startups will encounter larger obstacles such as localization and efficient cooperation building.

TechNode interviewed Mr. Pere Duran, the Event Director at 4YFN, a for-startup business platform which aims to connect emerging enterprises to greater global innovation ecosystem, to learn 4YFN’s thoughts on China’s startup ecosystem, and how the platform brings startups into high-threshold professional industries.

The name 4YFN stands for 4 Years From Now, the time it takes startups to completely validate their business models. Established in Spain 5 years ago, 4YFN will be having its 3rd annual show at Mobile World Congress (MWC) Shanghai 2018 from June 27 to June 29, supporting startups in the broader mobile industry and taking global innovations to China. Rebranded under MWC, the world’s largest mobile, telecom, and communication exhibition, MWC Shanghai is becoming a key show-stage and trend sneak-peek event of Asia’s related industries.

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Runhua Zhao

Runhua Zhao is a technology reporter based in Beijing. Connect with her via email: runhuazhao@technode.com