On Dec 20, Aliyun, Alibaba's cloud computing subsidiary announced its cooperation with Zhongguancun-based startup Ctoutiao.com on the Aliyun Innovation College, an innovation and entrepreneurship-enabled platform.

The college will establish a complete system enabling knowledge, science and technology and resources by integrating Alibaba's abundant online and offline resources with Ctoutiao's ability of providing entrepreneurship and innovation services.

Aliyun and Ctoutiao.com will cooperate on the construction of Aliyun Innovation College, an innovation and entrepreneurship-enabled platform. [Photo/zhsp.gov.cn]

Both sides are aiming to build the college into an influential educational training brand featuring innovation and entrepreneurship and help the transformation and upgrading of traditional companies.

Training services will be available for startups, company incubators, and science parks in Aliyun Innovation Center's branches across the country.

Ctoutiao.com is the biggest startup platform in China with over 10,000 innovative startups, incubators and service institutes.

Chen Zhigang, founder of Ctoutiao, gives a speech at the 2017 Computing Conference Beijing Summit. [Photo/zhsp.gov.cn]

Up to now, Ctoutiao has organized more than 100 offline trainings and salons with the involvement of more than 100,000 entrepreneurs and makers. The Aliyuan Innovation Center has also established 35 incubation bases, creating a total financing and investment of 1 billion yuan ($152 million).

The announcement was made at the 2017 Computing Conference Beijing Summit which was held from Dec 19 to Dec 20 at the China National Convention Center.