Entrepreneurs predict China could catch up with U.S. in investment, innovation

          Source: Xinhua| 2018-06-19 15:57:19|Editor: Shi Yinglun
          Video PlayerClose

          NEW YORK, June 18 (Xinhua) -- China might catch up with the United States, which has a lead so far in venture capital investment, entrepreneurs attending a forum said here Monday.

          At the "China's Innovation Revolution" forum, they gave examples of ride-sharing conglomerate Didi Chuxing and electronic device provider Xiaomi, both of which have attracted billions of U.S. dollars in equity financing.

          The forum was organized by Silicon Dragon, a Silicon Valley-based group providing insights to tech innovation centers.

          The event, drawing over 200 entrepreneurs and venture capitalists, was aimed at exploring investment opportunities in China and the United States.

          Hans Tung, managing partner of venture capital firm GGV Capital, said over the past decade, Chinese e-commerce has become an industry leader, both domestically and globally.

          Super apps, better service and higher efficiency driven by the go-and-get-it attitude of giants like Alibaba, Meituan and Xiaomi might spearhead a new growth wave, which would enable China to surpass the United States, Tung said.

          Xiaomi has set up localized production bases in India, where it has already emerged as the top hardware provider.

          The company has customized mobile phones for the Indian market, adapting to India's summer heat wave and unstable power supply.

          With China poised to become the world's biggest market for new energy vehicles, Baidu, the Chinese internet giant investing heavily in artificial intelligence and automatic driving technology, is aiming at a big share of the market, Nan Zhou, director of Baidu Capital, said.

          Experts also said China's rapidly emerging new start-ups could herald a shift in the technology and innovation landscape around the world and see China take the lead.?

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011100001372651091
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  欧美人与动甡交欧美精品 | 中文字幕在线免费视频 | 亚洲日韩色另欧美 | 婷婷网色偷偷男人的天堂 | 午夜免费视频国产在线 | 中文字幕日本乱码仑区在线 |