2017, witnessed a boom of incubators in China, especially driven by the government’s appeal for mass innovation and entrepreneurship. It is estimated that the number of Chinese incubators increased by over 5,000 in 2017, the equivalent of the total number of Chinese incubators for the last 26 years. While there are around 10,000 incubators around the world, around half of them are based in China. Now you can tell how hot the Chinese incubator industry is.
