With government support, fresh ideas, high-quality advancements and a thriving park for innovative companies, developers feel optimistic about their futures.

Feeling bogged down and in need of a hug? Then step into the AI Power Box where a virtual friend appears on the screen, listens intently, offers emotional support, and even guides you through breathing exercises.

This artificial intelligence-powered psychological health product has been created by tech startup Glacier Wisdom, with the aim of addressing the growing emotional needs of people in today's fast-paced society.

"An increasingly high-tech society will accelerate emotional alienation, creating more psychological needs," says Yuan Rui, 25, founder and CEO of the company. "I want to harness technology to meet these needs."

Glacier Wisdom's AI product is just one of many innovative creations from the Beijing Subway Line 10 Youth Entrepreneurship Village in the Jijiamiao area of Fengtai district, a former hub for traditional industries, such as paper-making and automotive bearing manufacturing.

Amid China's industrial upgrading and drive for high-quality development, this location is transforming into a thriving entrepreneurship park where young innovators are turning ideas into tangible outcomes.

Established in 2018, the village currently hosts 316 enterprises and has drawn a total investment of approximately 1.5 billion yuan ($211 million).Notably, of the over 1,600 employees working in the village, more than 78 percent were born in the 1980s and 1990s.

"This place is a cradle of dreams," says Zuo Hongwei, an official from the Yuquanying subdistrict in Fengtai.