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Don't be surprised if the next Steve Jobs comes from China. Already, I can see the beginnings of this trend in the likes of entrepreneurs Jack Ma of e-commerce startup Alibaba, Robin Li of search engine Baidu, Gary Wang of video sharing service Tudou.com and Joe Chen of web 2.0 powerhouse Oak Pacific Interactive. Not only did they develop products at the same time or ahead of their U.S. counterparts, but they are beating big American brand names Google, Yahoo, MySpace and eBay in China.
Zhongguancun may be hailed as China's most famous village by foreigners. Dubbed as "China's Silicon Valley", the country's biggest high-tech park in west Beijing is not only home to Chinese high-tech companies such as Lenovo, Baidu and Sohu.com, it is also the China headquarters of world-renowned technology companies such as Google, Microsoft and Intel.
The plan, which includes a drive to boost the total revenues of companies in Zhongguancun to 10 trillion yuan ($1.8 trillion) in 2020 from 1.55 trillion yuan last year, is designed to help the area become one of the world's most famous technology hubs.
"China's Silicon Valley" gets big boost
Don't be surprised if the next Steve Jobs comes from China. Already, I can see the beginnings of this trend in the likes of entrepreneurs Jack Ma of e-commerce startup Alibaba, Robin Li of search engine Baidu, Gary Wang of video sharing service Tudou.com and Joe Chen of web 2.0 powerhouse Oak Pacific Interactive. Not only did they develop products at the same time or ahead of their U.S. counterparts, but they are beating big American brand names Google, Yahoo, MySpace and eBay in China.
Zhongguancun may be hailed as China's most famous village by foreigners. Dubbed as "China's Silicon Valley", the country's biggest high-tech park in west Beijing is not only home to Chinese high-tech companies such as Lenovo, Baidu and Sohu.com, it is also the China headquarters of world-renowned technology companies such as Google, Microsoft and Intel.
The plan, which includes a drive to boost the total revenues of companies in Zhongguancun to 10 trillion yuan ($1.8 trillion) in 2020 from 1.55 trillion yuan last year, is designed to help the area become one of the world's most famous technology hubs.
"China's Silicon Valley" gets big boost
