In conversation with Bingbing Zhao: How London has become a top target for tech companies from China and beyond

['Technode Staff', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width', 'Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar', 'Vertical-Align Middle .Wp-Block-Co-Authors-Plus-Avatar Is .Alignleft .Alignright'] TechNode 2024-03-20 00:00:00

Statistics show that the number of redundancies at global tech companies increased by 59% in 2023 compared to the previous year, affecting 262,700 people. From this perspective, as a home to global cutting-edge industries and an important springboard for corporate globalization, London has become a key focal point for tech companies. Zhao says that London Tech Week, held annually in June, has played an important role in building the UK capital’s technology ecosystem. Recently, the firm has organized an opportunity for financial technology companies to exchange ideas with the Financial Conduct Authority (FCA) in London. At the same time, since the founding of London Tech Week, London’s technology companies have raised a total of $107 billion.