SparkLabs Beijing launched in April 2017 in partnership with CITIC Guoan Academy. Guoan Academy is a subsidiary of CITIC Guoan Group, which is the largest industrial subsidiary of CITIC Group. CITIC Group is a leading state-run financial institutional in China with over US$514 billion in assets under management. Guoan Academy is the largest and leading professional knowledge service provider in China's startup ecosystem. This is nationwide partnership that will target Shanghai, Chengdu, and Shenzhen afterwards.
This is a general technology program accepting startups from the internet, internet of things, mobile,
ecommerce, digital media, blockchain and other sectors. SparkLabs Beijing is focused on helping local
entrepreneurs to eventually expand beyond China.