The China-based property and land developer will aim to bring technology developed by US firms through the incubator to the Chinese market.

China Fortune Land Development (CFLD), a Shanghai-based industrial zone developer and operator, has launched a wholly owned technology-based incubator in Silicon Valley.

The project, launched on February 28, aims at connecting US and China’s technology industries.

Hu Zhenyu, President CFLD, said: “CFLD wishes to seek a bridge connecting Chinese and American industries through the incubator.”

The incubator aims to invest in high-tech industries such as such as clean energy, next-generation information technologies and bio-medicine. Its launch represents a key milestone…