We have opened a new Chinese subsidiary, "Yuyoutoku Technology (Shenzhen) Co., Ltd." in Shenzhen, Asia's Silicon Valley! Starts from January 2024

Beyond Co., Ltd. is pleased to announce that it will open a local subsidiary, "Beyoutoku Technology (Shenzhen) Co., Ltd." in Shenzhen City, Guangdong Province, China, on January 15, 2024, as an overseas base in Asia.

Current status of China's IT business

In recent years, various IT businesses have been developed in China, and an increasing number of companies are developing new services and products. In addition, a number of IT companies from overseas are expanding into China.

Furthermore, China is home to a variety of industries, including the IT sector, manufacturing, and finance, and is experiencing remarkable growth, so much so that it is said that it will overtake the United States and become number one in the world in terms of GDP in 2050. I am.

In particular, Shenzhen, also known as China's Silicon Valley, is developing as a major industrial hub, with infrastructure capable of handling all processes in the supply chain, from development to production and assembly, in industries such as electronic components.

Overview of Shenzhen, China, current business situation

Guangdong Province , is positioned as a special economic zone, and with various government policy supports, it has become a place where excellent human resources and high technology gather, integrating the three regions of Hong Kong, Macau, and Guangdong Province, and becoming a global leader. The area is called the "Greater Bay Area (Yuegang, Macao, Greater Bay Area)" and is being developed as one of the leading bay areas.

According to economic data for 2022 released by the Statistics Bureau of the Yuan-Gang-Macao Greater Bay Area, the GDP (gross regional product) of the Yuan-Gang-Macao Greater Bay Area in the same year is an economic scale of over 13 trillion yuan (approximately 271,574.7 billion yen). It is an area that continues to grow rapidly.

Furthermore, when looking at China as a whole, the number of unicorn companies is second only to the United States, and Shenzhen in particular has a large number of startup companies and is attracting attention because of the concentration of domestic and international startup support institutions and venture capital incubators. Masu.

Reasons for opening a Chinese subsidiary in Shenzhen

In recent years, Japan has been affected by a declining population and a super-aging society, and the business market is expected to become even more difficult in the future. For this reason, it has become increasingly important to look overseas and develop our business globally, and in particular, we are required to develop our business with an eye on the markets of China and the Asian region, which boast one of the world's largest economies.

Shenzhen, China, where we established our local subsidiary, is home to some of the world's leading technology companies such as Huawei, Tencent, and DJI, and is a city where technology is as developed as in Europe and the United States. The scale of the IT market is also very large, and it is expected that it will continue to evolve at high speed as an economic center.

In addition, Shenzhen is an innovation city where many young people in their 20s gather, as it has an ecosystem where people can manufacture products with a sense of speed while using cutting-edge technology. We have decided to establish a local subsidiary in Shenzhen because we believe that the services we offer are highly compatible with this city, which will continue to grow significantly.

About operations at the local subsidiary in China, "Yeyoutoku Technology (Shenzhen) Co., Ltd."

BEYOND's local subsidiary in China, ``Yeyou Technology (Shenzhen) Co., Ltd.,'' builds and operates Chinese cloud services such as Alibaba Cloud for Japanese companies, local subsidiaries, and overseas group companies expanding into China. We provide technical support such as building PaaS solutions.

By catching up on cutting-edge IT service information in Shenzhen, the center of China's special economic zone, and providing detailed technical support that only Japan can provide with a sense of speed, we will be able to connect with China, including Shenzhen. We will encourage collaboration between Japan and promote the creation of new business value and problem-solving, such as ecosystem initiatives between Japan and China.

The main business contents are as follows.

・Cloud/server construction and operation for Japanese companies and local subsidiaries expanding into China ・
Cloud IT support for business collaboration between Japan and China

*Please see below for details and services regarding
Beyondjapan.com/service/china-msp

https://beyondjapan.com/service/china-msp/

Contact information regarding interviews

For inquiries regarding this press release, please feel free to contact us using the form below.