Skip to content
Labs has extended its footprint to 32 cities in 15 countries since 2011.
Building on WeWork’s global resources, the platform offers community education, connections and mentorship to help entrepreneurs.
“We have seen many incubators, but do not see ourselves as one o
f them,” says Roee Adler, senior vice-president and global head of WeWork Labs.
Roee says WeWork seeks no equity and sets no time limits for startups’ growth, aiming to buil
d an innovation platform that creates an enabling ecosystem with tailor-made programs and services for its members.
As entrepreneurs, it is important to stay curious and learn to understand the nuances of different cultures, Roee says.
“So, the more you understand people, the more you can empathize and the more you might end up with meaningful relationships.”
The Chinese central government has increased financial input for preschool education, from 15 billio
n yuan (2.2 billion US dollars) in 2018 to 16.85 billion yuan in 2019, the Ministry of Education said Thursday.
Some 1 billion yuan will be allocated to expand the building of kindergartens in the country’s 11 provincial-level regions in 2019,
part of an effort to increase preschool education resources, Lyu Yugang, an official with the ministry, said at a press conference.
Meanwhile, local governments have taken effective measures to increase public access to affordable preschool education.
China’s top economic planner approved 50 fixed-asset investment pro
jects worth 370.3 billion yuan (about $55.3 billion) in the first quarter of 2019, official data showed.
These projects are mainly in the energy, transportation and high-tech industries, according to the National Development and Reform Commission (NDRC).
Among them, the Yongqing-Shanghai section of the China-Russia east-route natural gas pi
peline project will play an important role in optimizing energy structure, improving gas supply along the route
and helping the local economy and environment, according to NDRC spokesperson Yuan Da.
The country’s fixed-asset investment rose 6.3 percent year-on-year in Q1, 0.2 percenta
ge points faster than the first two months, according to the National Bureau of Statistics.
Fixed-asset investment includes capital spent on infrastructure, property, machinery and other physical assets.
he bank, said: “Using big data, artificial intelligence and internet technolo
gies, we built a platform based on real transactions to meet the financing needs of private
enterprises, and realized synergies between finance and industries via smart risk management.
“Enterprises need a series of services, including financing, settlement, asset management and sup
ply chain management. Our bank is looking to offer comprehensive financial solutions, not just f
inancing solutions, so as to join hands with companies in building industrial chains and ecosystems.”
Shi Jie, executive vice-president of China Minsheng Banking Corp, said
far-reaching changes have taken place in terms of the market and clients in the past t
wo years. Bankers now have a deeper sense that the financial demands of private enterprises have eased.
“The biggest challenge is whether or not we really know our clien
ts. Only by truly understanding our clients will we be able to provide the right financial solutions that
meet the needs of private enterprises and offer them a superior customer experience,” Shi said.