The accelerated building of the "Two Zones", namely the Integrated National Demonstration Zone for Opening up the Services Sector and China (Beijing) Pilot Free Trade Zone, has attracted more high-end elements around the world to settle in Beijing. Recently, "Beijing Ruanya Xinchuang Investment Management Co., Ltd.", the wholly-owned subsidiary of Japan's SoftBank Ventures Asia, was incorporated into the China-Japan Innovation Cooperation Demonstration Zone. It marks the first time a purely Japanese-invested fund management company has been established in China, and an important step of the strategic layout in China for SoftBank Ventures Asia, a global top financial institution.

The investment team of Softbank Ventures Asia has rich experience in equity investment and has been involved in a large number of successful investment cases. Since its inception in 2000, it has successfully raised 16 funds totaling a net worth of USD 1 billion, and invested in 233 technology and Internet companies throughout Asia, the United States, Israel and Europe.

Ruanya Xinchuang indicated that it was devoted to helping build Beijing into a Benchmark City for Global Digital Economy. Through the AI enterprises SoftBank has invested in worldwide, it will promote the establishment of R&D centers to empower the digital transformation and development of the enterprises. Enterprises invested by SoftBank will be coordinated to actively participate in the smart city construction in Daxing District for the urban upgrading and development. Meanwhile, Ruanya Xinchuang will contribute towards innovative breakthroughs in China's domestic chip industry and promoting the building of a demonstration platform for international innovation and entrepreneurship.

(Note: Content source is from Beijing Daily)