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Zhejiang University

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Zhejiang University (ZJU, also known as Che Kiang University; simplified Chinese: 浙江大学; traditional Chinese: 浙江大學; pinyin: Zhèjiāng Dàxué; Wade–Giles: Che-chiang-ta-hsüeh), sometimes referred to as Zheda, is a national university in China. Founded in 1897, Zhejiang University is one of China's oldest, most selective and most prestigious institutions of higher education. It is a member of the C9 League, the Yangtze Delta Universities Alliance and the Association of Pacific Rim Universities.

The university campus is located in the city of Hangzhou, approximately 112 miles (180 km) southwest of Shanghai. Zhejiang University Library's collection contains about 7 million volumes, making it one of China's largest academic libraries.

Student Entrepreneurship

Zhejiang University offers various kinds of projects to improve the Student Entrepreneurship. For example, “Entrepreneurship in China & OBOR” International Summer School is a unique three-week program which offers participants an opportunity to understand the entrepreneurial China in one of China's most dynamic growth areas.

Combined fieldwork with courses, the program encourages participants to observe and learn from the real business settings via company visits, networking events with entrepreneurs and tours searching for business opportunities. By the end of the program, they will be required to create their own China business initiative and present it to the final judges as part of their assessment.

The curriculum is well designed covering different facets of "entrepreneurship" including the cultural issue, the economic issue, the marketing issue as well as specific areas such as intellectual property and big data. Cultural immersion sessions are offered throughout the program, participants will be able to experience how to speak, write, and dress like a Chinese.

Since 2017, students of all majors in Zhejiang University are required to take innovation and entrepreneurship courses and get a certain number of credits in this category. Meanwhile, new courses such as “Entrepreneurship Fundamentals”, which aims to promote students’ awareness of entrepreneurship and feed them with entrepreneurial principals, are offered.

The “Entrepreneurship fundamentals” course is posted on the university’s MOOC platform (, where students are encouraged to join discussions and study anytime at their convenience.

Faculty Innovation and Entrepreneurship

Department of Innovation, Entrepreneurship and Strategy School of Management at Zhejiang University is among the first higher education institutions in China which started research and educational activities on innovation, entrepreneurship and strategy. The School is the founding organization of the World Entrepreneurship Forum and collaborated with Babson College in the US and Emlyon Business School in the France to launched the Global Entrepreneurship Program in 2009, which is the world's first entrepreneurship master program across the three continents. The School organized annually the Forum of Leading Scholars on Strategic Management which has become one of the most influential academic conferences in the field in China.

University Technology Transfer Function

Technology Transfer Center, Zhejiang University:
1.Science and Technology Research Institute
2.Industrial Technology Research Institute
3.Technology Transfer Center
The three institutes respectively constitute the surface, point, network and comprehensively coordinate the organization and management of technology transformation work.
The technology transfer center is divided into technology transfer service department, project service department, international science and technology cooperation service department, intellectual property service department, training service department, comprehensive affairs service department and regional cooperation promotion center.
Intellectual Property and Technology Transfer Platform ( is sponsored by the Science and Technology Research Institute and the Information CenterScience. The technology transfer center is in charge of operation and maintenance. The platform cooperates with the local government in order to promote patent results.
Zijin Township:
Zijin Shared Work Township is jointly built by the People's Government of Xihu District of Hangzhou and Zhejiang University, located near the Zijingang Campus of Zhejiang University.
The town adopts the innovative organization form of “R&D Headquarters” to attract partners with innovative R&D and industrial upgrading needs. Alumni companies set up “R&D headquarters” in the town, which take the advantages of science and technology resources of Zhejiang University to form core technological achievements, and promote the transformation of scientific research achievements into productivity through the collaboration of government, industry, and research, as well as promoting local industrial innovation and upgrading.

University - Industry Collaboration

Zhejiang University has close Collaboration with many industrial companies, including a various kinds of companies in China as well as in U.S. One of the most famous instance is Large Scale Information System Research Center, Zhejiang University.

Since the late 90s of last century, the Center for Information Systems Research Center under the leadership of Professor He Zhijun, has been exploring how to cooperate with industry, especially with foreign high-level companies. Since 2001, the research center and the United States State Street Bank to establish cooperative relations, carry out large-scale financial information system research and development work. The company has a large legacy system, the company's major stock trading business, but due to outdated structure, missing documents, system failures frequently, many foreign companies have no good policy, research center team after six months of efforts to repair the system Problem and rebuild the system platform, successfully "save" the system. Based on this project we have proposed a number of solutions to large-scale legacy system reengineering-related problems, access to a high degree of recognition partners, but also for the research center to win credibility. "CIO Magazine" has reported "an IT wonderful open in China", introduced the research center and the United States State Street Bank of cooperation process, and to achieve cooperation in the stock trading system to evaluate "the system put into operation, the transaction The amount of the past four times, and the whole process to spend less than 6 months time. And then include: CCTV, Xinhua News Agency, Reuters, CNN, Forbes, "21st Century Business Herald", "Economic Observer", "China Electronics News", "China Computer". Dozens of domestic and international mainstream media attention and positive coverage, the positive evaluation of the mainstream media, logo research center in large-scale financial information services, the establishment of the leading position in the field. Since then, the research center began with the domestic and international industry to carry out more extensive cooperation, cooperation and achievements in the domestic scale has a unique advantage.

Since its establishment in 2001, the Research Center has developed over 100 financial systems for more than 20 well-known domestic and foreign financial enterprises, covering almost all financial business and services such as stocks, bonds, foreign exchange, futures, funds, etc., and accumulated a lot of development. Skills, and project management experience to fully understand all phases of the financial software lifecycle, including requirements, design, coding, testing, UAT, and product support.

In addition to the US State Street Banking Corporation, the research center also includes well-known international financial institutions such as Cisco Systems, Princeton Financial Systems and DST Systems, as well as the China Foreign Exchange Trade Center, the People's Bank of China, the Agricultural Bank of China, etc. , In the financial business has a great advantage. The R & D team of the Research Center has been engaged in R & D of related financial systems for nearly 10 years, and has visited hundreds of financial institutions at home and abroad.

Regional and Local Economic Development

Zhejiang University locates in Hangzhou, which is called the Chinese Silicon Valley. The Alibaba Group, the world's largest online B2B portal and China's largest website in terms of market value, is headquartered in the zone. What’s more, in 2016, the G20 Hangzhou Summit was held in this city.
Hangzhou's economy has rapidly developed since its opening up in 1992. It is an industrial city with many diverse sectors such as light industry, agriculture, and textiles. It is considered an important manufacturing base and logistics hub for coastal China. The 2001 GDP of Hangzhou was RMB ¥156.8 billion, which ranked second among all of the provincial capitals after Guangzhou. The city has more than tripled its GDP since then, increasing from RMB ¥156.8 billion in 2001 to RMB ¥1.105 trillion in 2016 and GDP per capita increasing from US$3,025 to US$18,282.
In 2017, the city's high-tech industry added value of 160.6 billion yuan, increasing by 13.6%. The number of invention patent applications and authorizations were 25,078 and 9,872 respectively.
The city has developed many new industries, including medicine, information technology, heavy equipment, automotive components, household electrical appliances, electronics, telecommunication, fine chemicals, chemical fiber and food processing.
Hangzhou Economic & Technological Development Zone was established and approved as a national development zone by the State Council in 1993. It covers an area of 104.7 km2 (40.4 sq mi). Encouraged industries include electronic information, biological medicine, machinery and household appliances manufacturing, and food processing. Hangzhou Export Processing Zone was established on April 27, 2000 upon approval of the State Council. It was one of the first zones and the only one in Zhejiang Province to be approved by the government. Its total planned area is 2.92 km2. It is located close to Hangzhou Xiaoshan International Airport and Hangzhou Port.
Hangzhou Hi-Tech Industrial Development Zone was set up with approval from the State Council as a state level Hi-tech Industrial Development Zone in March 1991. The HHTZ is composed of three parts, with the main regions being the Zhijiang Sci-Tech Industrial Park and Xiasha Sci-Tech Industrial Park. HHTZ has become one of the most influential hi-tech innovation and hi-tech industry bases in Zhejiang Province. As of 2013, HHTZ hosts more than 1,100 software developers and BPO enterprises. Major companies such as Motorola, Nokia and Siemens have established R&D centers in the zone. In 2011, the GDP of the zone rose by 13.1 percent, amounting to RMB 41.63 billion. This accounted for 5.9 percent of Hangzhou's total GDP. The HHTZ positions itself as the "Silicon Valley" of China. 


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