Beijing Zhongguancun and Silicon Valley, have merged into one brand new institute of co-operation and innovation. ZGC Innovation Center was set up by ZGC Capital Corporation and C.M.Capital Corporation. The property is within the city of Santa Clara. From a single location, the ZGC incubates startup companies, connects Chinese and US companies to cross border markets, brings together angel and venture investors, and gather public and private network support. The Center has a series of functional areas including an incubation area, accelerator area, executive office, conference room, pitch area and demo area which enable the center to carry the historical missions of accelerating high-tech, connecting high-quality Chinese and American technology industry resources, and promoting Chinese-US scientific and technological relationships.