Incubators 'empower tech entrepreneurs' by lowering barriers for innovation

The 2025 Financial Street Forum is underway in Beijing, China, bringing together around 400 international guests to discuss global economic and financial growth.

As part of the event, the forum on "Financial Empowerment for High-Quality Development of the Science and Technology Service Sector" was held on October 29. Participants explored how finance can better support innovation and technological advancement.

Hong Hua, founder of a Beijing-based smart hardware incubator, shared his insights on helping innovators bridge the gap between ideas and action. He told CGTN that by lowering both financial and psychological barriers and providing shared access to labs and equipment, incubators are giving hard-tech startups a greater chance at success.