China Paradigms

48: Building relationships with the Chinese government


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Lucas Rondez, CEO and Founder of niHub Innovation Center, speaks with Matthieu David-Experton about his experience in China that led up to the founding of niHao App and niHub Innovation Center, the importance of building a connection with the government within your district and city, and how to become an honorary citizen with many awards.
Highlights of this episode include:
1:56 Lucas experience in China prior to niHub
3:52 niHao App
6:55 niHub Innovation Center
12:13 Criteria of joining niHub
14:02 After joining niHub: setup and cost control
14:56 Main business model of niHub
16:24 Importance of being close to the government and how to do so
19:56 Building connections with governments
25:12 industries of niHub’s clients
29:00 Cases of niHub’s partners that succeeded because of the Hangzhou ecosystem
32:00 Partnership with WeWork and similar companies
33:50 How niHub is discovered by clients
36:11 Business model
39:18 Acquiring shares of companies
40:35 process of raising money in China compared to in Europe
43:17 Experience of raising money
45:42 Thoughts on incentives to Chinese investors
47:32 How Lucas became an honorary citizen and obtained other awards.
More about niHub Innovation Center: http://www.nihub.co/
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Daxue Consulting is a market research and management consulting firm focusing on the Chinese market. We are leveraging a multiple-methodology approach in order to support clients’ needs, auctioning traditional methodologies as well as technology-driven tools.
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China ParadigmsBy Daxue Consulting

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