On the 14th December, Momentum Works signed a comprehensive strategic partnership MOU with Qianhai International Talent Service Center at the 4th Singapore-China (Shenzhen) Smart City Initiative Joint Implementation Committee meeting in the presence of Joseph Leong, Singapore Permanent Secretary for Communications and Information, and Qin Weizhong, Mayor of Shenzhen Municipal People’s Government

What (and where) is Qianhai 

Qianhai, a key initiative of China’s reform and opening up, is located at the heart of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) – one of the most dynamic economic zones of China which represents more than close to 11% of the country’s total GDP

With its core built from the ground up (as you can see from the image below), Qianhai’s jurisdiction now includes Shenzhen Bao’an International airport (3rd largest in China with annual passenger volume of 38 million), Nanshan and Dachan Bay Ports (annual cargo volume of 15.91 million TEUs), as well as a financial district which is home to 276 financial institutions. 

Tencent, Huawei, DJI, BYD, SF Express, Pingan, SHEIN, Temu and many other big companies are based in or have their operational headquarters in the Greater Bay Area, which is also home to hundreds and thousands of other companies which are vital to the global supply chain

Momentum Works has collaborated extensively with Qianhai International Talent Service Center this year to facilitate visits and in depth exchanges with senior leaders from international banks, logistics conglomerates, ecommerce platforms and fintech unicorns

One such leader, an executive committee member of a large multinational, summed up his experience after a visit to Qianhai:  “I’ve visited dozens of special economic zones in the world, and Qianhai has been the best experience – all my questions regarding investments and/or operations in the area were answered by the officials before I even asked”

In 2024, Momentum Works will continue to deepen our partnership with Qianhai through events and immersions for international companies/ participants keen to:

  1. Understand the real China trends impacting the global economy;  
  2. Experience and understand innovations from Chinese companies; 
  3. Build meaningful partnerships with Chinese companies trying to expand globally using Shenzhen and Singapore as key bases; and
  4. Bring this all back to your company through the Momentum Works macro and POP-Leadership* (people, organisation, products & leadership) insights.

Jianggan Li, CEO of Momentum Works, and Liang Jianyue, General Manager of Qianhai International Talent Service Center, after the signing of the MOU in Shenzhen

*POP-Leadership is a strategy framework created by Guoli Chen, professor of strategy at INSEAD, and  Jianggan Li, CEO of Momentum Works. See details here.

Thanks for reading The Low Down (TLD), the blog by the team at Momentum Works. Got a different perspective or have a burning opinion to share? Let us know at [email protected].


Previous articleE45 – The Impulso Podcast – Where in Europe people have a common birthday?
Next articleE46 – The Impulso Podcast – SenseTime founder’s passing & AI companies’ challenges in China
Jianggan Li is the Founder & CEO of Momentum Works. Prior to founding Momentum Works, he co-founded Easy Taxi in Asia, and served as Managing Director of Foodpanda. The two years running Rocket Internet companies has given him a lifetime experience on supersonic implementation, and good camaraderie with entrepreneurs across the developing world. He holds a MBA from INSEAD (GMAT 770) and a degree in Computer Engineering from Nanyang Technological University. Unfortunately he never wrote a single line of code professionally - but in his first job he was in media, travelling extensively across Asia & Europe, speaking with Ministers & (occasionally) Prime Ministers. Apart from English and his native Mandarin, he is also fluent in French and conversational in Cantonese & Spanish. He tried to learn Latin (for three years) and Sanskrit (for six months) as well. In his (scarce) free time, he reads, travels, hikes and dives. Pyongyang, Tehran & Chisinau are among the interesting cities he has been to.