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36Kr Global Research

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36Kr Global Research

Insights

Hefei’s risky investment strategy paid off handsomely, here’s how the city did it

Hefei’s playbook involves active scouting, fiscal benefits, and a steady stream of incentives for workers to entice major tech companies.

By 

36Kr Global Research and 

Brady Ng

29 Jul 2021    5 mins read
  • The bold strategy to invest in three companies led to explosive growth in Hefei’s jobs, GDP, and return on investment.

    Insights

    Hefei grew its GDP 2,600% in 20 years to become one of China’s fastest-growing cities

    By 36Kr Global Research

    28 Jul 2021    7 mins read