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China Strives To Create Its Own Silicon Valley


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Tsinghua University Science Park

Tsinghua University Science Park (TusPark) is located in the Zhongguancun Science Park zone in Beijing.

Credit: LiPo Ching / San Jose Mercury News

Now at a critical juncture in its quest to become a superpower, China is turning to Western regions like the Silicon Valley for help with its next technical leap forward.

China has been the land of me-too companies — startups that copy ideas hatched in the West — as it has emerged as the global leader in manufacturing of computer and electronic gadgets. But now, with its booming economy, bountiful reserves of cash, increasing technological infrastructure, laser-like focus on fostering innovation and the world's largest number of Internet users and mobile-phone subscribers, China is raising the bar in hopes of becoming a technological giant.

"The key to whether China eventually becomes a world superpower — competing with the United States and Europe — is innovation," says Ta-lin Hsu, founder and chairman of Palo Alto-based H&Q Asia Pacific. 

From San Jose Mercury News
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