Why Chinese cities such as Chengdu and Wuhan are attracting top tech talent in search of a better life


By Celia ChenZen Soo

Local governments in cities like Wuhan and Chengdu have been eager to boost innovation and cultivate the next big technology unicorns. — SCMP

Two years ago, 33-year old Liu Lei gave up a comfortable career managing investments in a clean energy company in Shanghai to move back to her hometown of Chengdu, the capital city of China’s southwestern Sichuan province.

Unlike Shanghai, a global financial centre and home to China’s biggest stock market, Chengdu was not a bustling finance hub, but Liu did not mind. She had moved back to Chengdu to start her own company Luccroi, a platform providing artificial intelligence, big data and blockchain solutions for the financial industry.

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