Singapore, Singapore Jul 2, 2025 – On June 29th, the Asia-Pacific Regional Finals of the 2025 Binhai Talent Innovation and Entrepreneurship Competition – Overseas Talent Division, concluded successfully in Singapore. Song Zhe, a Standing Committee Member of the CPC Tianjin Binhai New Area Committee and Director of its Organization Department, alongside Jin Hui, Chairman of Zhejiang Saichuang Weilai Venture Capital Management Co., Ltd., were in attendance and delivered remarks. Other notable attendees included Chen Jinhong, Deputy Secretary of the Party Committee and Deputy Director of the Administrative Commission of Tianjin Binhai Hi-tech Area; Cao Hui, Deputy Director of the Organization Department of the CPC Tianjin Binhai New Area Committee and Director of the Bureau of Talent Work of Tianjin Binhai New Area Government; and representatives from the Organization Department of the CPC Tianjin Binhai New Area Committee and the Organization and Personnel Department of Tianjin Binhai Hi-tech Area. Also present were Li Guosheng, President of the Singapore Zhejiang Business Association and Chairman of Singapore Haolicheng Capital Pte. Ltd.; Xue Bin, Senior Vice President of Zhejiang Saichuang Weilai Venture Capital Management Co., Ltd.; and delegates from the Chinese Scholars and Students Association in Singapore.
The competition was spearheaded by Tianjin Binhai New Area, organized by Tianjin Binhai Hi-tech Area, managed by Zhejiang Saichuang Weilai Venture Capital Investment Management Co., Ltd., with co-organization by the Saichuang Weilai Singapore Representative Office. It also received backing from the Chinese Scholars and Students Association in Singapore.
In his address, Song Zhe highlighted the enduring ties between Binhai New Area and Singapore, which have flourished within the Sino-Singapore Tianjin Eco-City. He explained that the decision to elevate this competition to an Asia-Pacific regional level acknowledges Singapore’s strategic position for connecting ASEAN and influencing the broader Asia-Pacific. “We aim to leverage this competition as a conduit to forge a ‘double-helix’ synergy between Binhai New Area’s industrial strengths and the innovative drive of Asia-Pacific talent, collaboratively addressing global challenges in emerging sectors,” Song articulated. He underscored that Binhai New Area is capitalizing on opportunities to establish new development pathways and currently has an unprecedented need for Asia-Pacific talents who “bring technology, projects, and dreams.” He voiced his optimism that these in-person finals would serve as a launchpad for talent collaboration between Binhai New Area and countries across the Asia-Pacific, envisioning this partnership as a continuous flow that yields abundant results, “much like the Merlion fountain in the Lion City.”
Jin Hui affirmed that as a scientific and technological innovation collaborator with Tianjin Binhai New Area, Saichuang Weilai has attracted 162 high-caliber global projects, all aligning with Binhai New Area’s industrial demands. Among these, 29 shortlisted projects have secured funding ranging from Seed to Series B, demonstrating significant industrial promise. By utilizing the Saichuang Weilai (Tianjin) International Talent Innovation Center, which was established this past May, a specialized team has been assembled to facilitate efficient project integration, committed to providing robust support for talent to fulfill their potential.
As the second sub-regional final for the Overseas Talent Competition, the 14 selected projects demonstrated considerable “value and talent density.” Over 83% of their core team members hold Master’s degrees or higher, with a majority having graduated from prestigious global institutions such as the National University of Singapore, Harvard University, and MIT. These projects span advanced domains including artificial intelligence, biomedicine, and new energy/new materials. Notably, several are established ventures generating tens of millions of RMB in revenue and are highly favored by the market. Characterized by high technological barriers and expansive industrialization prospects, these projects are closely aligned with Tianjin Binhai New Area’s strategic development priorities and industrial upgrading requirements.
To uphold the competition’s professionalism and impartiality, the final event featured a specially convened Judging Committee. This committee consisted of technical experts, celebrated entrepreneurs, and investors from organizations including InnoSpring Incubator, Rain Tree Partners, the Agency for Science, Technology and Research (A*STAR) – Institute of High Performance Computing, and MediaTek. On-site specialists meticulously assessed the projects across various criteria, such as team background, core product advantages, project viability, industrialization potential, and implementation strategies. Through question-and-answer sessions and direct interactions, they also offered valuable business development insights to the roadshow participants.
During the proceedings, the Saichuang Weilai (Tianjin) International Talent Innovation Center formalized a strategic cooperation agreement with the Chinese Scholars and Students Association in Singapore. Both entities plan to deepen their collaboration in areas such as high-level talent exchange and development, along with the transfer and application of cutting-edge technologies. This partnership seeks to collectively establish a bridge connecting Singapore-China tech talent and projects, thereby accelerating the conversion and implementation of more innovative breakthroughs within Tianjin Binhai New Area.
Recognized as a “world-class garden city” and a global hub for talent, Singapore provides an open, inclusive international setting and an exceptional innovation ecosystem. This perfectly complements Tianjin Binhai New Area’s aspiration to become “a city seeking to attract talents from far and wide.” Hosting the Asia-Pacific Finals in Singapore leverages its strengths as a regional technology and talent nexus. This aims to foster deeper exchanges and cooperation in scientific and technological innovation between Tianjin Binhai New Area and Singapore, as well as other Asia-Pacific nations, effectively connect global innovation resources, facilitate the establishment and transformation of more innovative achievements in Binhai New Area, and invigorate industrial growth. It has been announced that the next phase of the Binhai Talent Innovation and Entrepreneurship Competition · Overseas Talent Division – the Europe-America Finals – will take place in Frankfurt, Germany. Moving forward, Tianjin Binhai New Area intends to continue utilizing such competitions as a means to strengthen ties with international innovation centers, consistently draw in global innovation elements, and help more international innovation “seeds” take root, grow, and yield success in the fertile environment of Tianjin.
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