China's Fujian Province Launches Global Innovation and Entrepreneurship Competition to Attract Overseas Talent for New Development Opportunities
Xiamen, China--(Newsfile Corp. - May 22, 2025) - Fujian Province, China, officially launched the 2025 Global Innovation and Entrepreneurship Competition on May 10, organized by the Fujian Global Innovation and Entrepreneurship Competition Organizing Committee. The high-level initiative aims to attract cutting-edge innovation and entrepreneurial projects from around the world. By offering a favorable policy environment, an expansive development platform, and comprehensive support services, the competition seeks to empower global talent to launch ventures in Fujian and accelerate the deep integration of scientific, technological, and industrial innovation.
China's Fujian Province Launches Global Innovation and Entrepreneurship Competition to Attract Overseas Talent for New Development Opportunities
To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8722/253035_ef0ec8d0c4ce2aa1_001full.jpg
This year's competition centers on three key sectors: the digital economy, biotechnology, and advanced manufacturing. It is designed to attract professionals with international vision and strong academic or professional backgrounds, particularly those who have earned a master's degree or higher abroad or who have more than two years of innovation and entrepreneurial experience overseas. Projects submitted must demonstrate technological advancement, independent intellectual property rights, and strong commercialization prospects. In general, applicants must be under 55 years of age.
The registration period runs from May 10 to July 10, with online applications accepted through the official competition website: www.fujiantalent.com. Preliminary written reviews will be conducted online in July, and the final roadshow and defense will be held in Xiamen, Fujian Province, in early September, in conjunction with the China International Fair for Investment and Trade (CIFIT). Therefore, in addition to participating in the competition, candidates will also have the opportunity to engage in industrial site visits and investment matchmaking sessions.
The competition offers a total prize pool of nearly RMB 3 million. First prize winners will receive RMB 150,000, second prize winners RMB 100,000, third prize winners RMB 50,000, and merit award recipients RMB 20,000. In addition to financial incentives, the organizing committee will provide tailored policy support for award-winning talents. Qualified recipients of the first, second, and third prizes may be directly recognized as provincial high-level talents through a fast-track process and may receive up to RMB 1 million in settlement subsidies and be eligible for inclusion in the Fujian "Hundred Talents Plan" for entrepreneurship, with support of up to RMB 2 million. Moreover, cities across Fujian Province will offer landing and implementation support for top-ranking projects.
Beyond prize awards and policy support, the organizing committee is committed to ensuring that talent projects are successfully implemented in Fujian. To this end, it will collaborate with leading institutions and enterprises to provide full-spectrum assistance for project financing, implementation, and commercialization.
Fujian has long been recognized as a key region for overseas Chinese and a pioneer in China's reform and opening-up. Xiamen, in particular, is celebrated as one of "China's Top 10 Cities for Returnee Entrepreneurs" and one of the "Most Attractive Chinese Cities in the Eyes of Foreign Talent." With strong infrastructure and robust support systems, Xiamen and Fujian are well-positioned to provide comprehensive services and assistance to returning professionals.The organizing committee warmly welcomes overseas Chinese students, scholars, and technology entrepreneurs to apply and take part in this competition, and to seize the opportunity to contribute to — and benefit from — China's next stage of high-quality development.
Sponsor: Fujian Global Innovation and Entrepreneurship Competition Organizing CommitteeContact: Xiao FanEmail: fujiantalent@163.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253035
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
17 minutes ago
- Bloomberg
US-Europe Air Travel Is Recovering, British Airways Owner Says
IAG Chief Executive Officer Luis Gallego says the weaker demand for transatlantic routes has shown signs of easing over the past three weeks. According to Gallego, IAG noticed 'several weeks' of demand softness in its economy cabins from the US, though the situation is now recovering. IAG owns airlines such as British Airways, Spain's Iberia and Ireland's Aer Lingus. Gallego speaks to Bloomberg's Guy Johnson on the sidelines of the International Air Transport Association (IATA) annual meeting in New Delhi, India. (Source: Bloomberg)

Wall Street Journal
18 minutes ago
- Wall Street Journal
Asian Manufacturing Activity Stumbles Again Under Weight of Trump Tariffs
Factory activity slowed across much of Asia in May as uncertainty over U.S. tariffs continued to cause steep declines in new orders, purchasing managers surveys show. The latest set of S&P Global purchasing managers indexes showed another pullback in manufacturing last month amid trade policy worries and subdued demand.


Entrepreneur
24 minutes ago
- Entrepreneur
Spense Secures USD 1.85 Mn from GrowthCap Ventures and Industry Leaders
The fresh capital will be deployed to onboard more banks, expand fintech partnerships, and broaden Spense's product and technology stack, enabling new financial use cases beyond secured credit cards. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Spense, a Bengaluru-based fintech startup building programmable banking and card infrastructure, has raised USD 1.85 million in a pre-seed round led by GrowthCap Ventures. The round also attracted angel investors including Kunal Shah (Co-founder, CRED), Sayandeb Banerjee (Co-founder, The Math Company), Suresh Rayasam (Head of Applied AI for GTM), and Ravi Sudhakar (Director AI Global Business Strategy, Microsoft). The fresh capital will be deployed to onboard more banks, expand fintech partnerships, and broaden Spense's product and technology stack, enabling new financial use cases beyond secured credit cards. Founded in 2023 by Pawan Kumar (former Head of Applied Science, Uber India) and Srinivas Krishnamurthy (former Technical Lead, BNP Paribas), Spense is on a mission to modernise India's credit infrastructure. The company offers APIs and infrastructure for secured credit cards, prepaid cards, and forex programs, tailored for regulated entities looking to launch digital credit products with speed, compliance, and reliability. "If someone has a fixed deposit, they should be able to get a credit card. It's that simple," said Pawan Kumar, Co-founder and CEO of Spense. "We've proven the model. Now it's time to scale secured credit cards with every bank in India." He added, "Our job is to make banking work quietly in the background—so people can access what they need, when they need it." Spense's platform ensures full regulatory oversight, auditability, and seamless legacy system integration, making it ideal for financial institutions looking to innovate responsibly. According to CTO Srinivas Krishnamurthy, the startup is now focused on unlocking more use cases beyond credit cards. Pratekk Agarwaal, General Partner at GrowthCap Ventures, commented, "Spense is solving one of the most overlooked problems in Indian finance—access. What stood out to us was the team's clarity and deep commitment to building a bank-grade infra that works at scale."