Economists call for global vision in Chinese manufacturing

IngDan is officially launching its Hong Kong IngDan Experience Zone on March 19, as an effort to connect with the hardware innovation scene in Hong Kong. Meanwhile, IngDan is also eyeing Southeast Asia for innovative projects.

Hong Kong is a crucial step for IngDan's roadmap for globalization. IngDan, the subsidiary hardware innovation platform under Cogobuy China's largest O2O e-commerce for corporate procurement of electronic components, has already set up branches in the Silicon Valley in US, as well as in Italy, Israel and Hong Kong.

"One of the biggest achievements in China in the past decades is having developed and completed the most efficient manufacturing ecosystem here in Shenzhen. You can find more than one million smaller or larger manufacturers, which produce everything from smartphones to electric vehicles- everything you can imagine," Kang said.

"In the past, only multinational companies like Google, Cisco and Apple can use the rich resources here. My Dream is to open this scale of manufacturing resources to millions of young innovators and entrepreneurs across the world."

"I'm a believer of the sharing economy, and that's our job at IngDan is to use an internet platform to link global innovators with China's manufacturing base, open and available to everyone. We want to become the 'Uber of the manufacturing industry'," he envisaged.

About IngDan

IngDan is a leading Internet of Things (IoT) innovation platform that focuses on linking entrepreneurs with the right suppliers and resources in China.

IngDan has currently helped tens of thousands of IoT projects, worked with over 6000 suppliers and accumulated 8 million followers. We have formed a large supply chain-based open ecosystem through strategic collaborations with influential partners like Baidu, JD, WeChat, 360, Microsoft, Intel, Broadcom and Freescale etc.

Our mission is to link entrepreneurs by opening up access to China's supply chain and this is achieved through leveraging off the resources and experiences gained through our parent company - Cogobuy, the largest O2O platform for corporate procurement of electronic components in China.

About Cogobuy

Cogobuy Group is the largest O2O eCommerce platform for corporate procurement of electronic components in China. By utilizing its advantages in IC wholesaling, Cogobuy analyses big data collected from clients to expand into hardware, software, supply chain, finance and other corporate services.

Cogobuy went public in 2014 with a GMV of 8.4 billion CNY and already reached 5.8 billion by Q2 of 2015.