Peking University, located in Beijing, China, is known as one of the top universities globally and a significant driver in the country's startup and venture capitalist (VC) ecosystem. It has been an educational home to many high-profile entrepreneurs, startup founders, and investors. The strong entrepreneurial streak at Peking University is reflected in the support and programs it offers to foster innovation and business development.
In recent years, Peking University has launched several initiatives to nurture its startup ecosystem. One example is the "Dream Catcher Plan," a large-scale platform established for students to obtain startup services such as commercial prospects, investment institutions, and media, starting in ideas development and ending with commercial incubation and venture investments.
One of its noteworthy success stories includes the establishment of Meituan Dianping, a leading e-commerce platform for services started by Wang Xing, a Peking University alumnus. The startup, established in 2010, is now one of the world's largest on-demand delivery platforms, having a significant influence on the e-commerce industry.
Another notable example is the financial technology company, CreditEase, co-founded by Ning Tang, another Peking University graduate. It's a global leader in inclusive finance and wealth management, offering small and microenterprise loans as well as wealth management products.
Bob Xu Xiaoping, who graduated from Peking University, is one of the most notable angel investors in China. He is the founder of ZhenFund, one of the best-known angel investment institutions in China, recognized for its contributions in innovation and entrepreneurship. Xu Xiaoping has invested in numerous successful startups and is known as a strong supporter of young entrepreneurs.
The surge in startups and VC activity at Peking University can be attributed to a combination of factors that include a supportive environment for innovation and entrepreneurship, successful alumni, strong and broad networks, and a proactive university administration that assists in facilitating the transfer of ideas from the lab to the marketplace. The culture of entrepreneurship at Peking University is deeply ingrained, with graduation often seen as the beginning of one’s startup journey, not the end of one’s education. It's these qualities that make Peking University a cornerstone in China's startup and VC landscape.
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