China’s transition to a tech economy based on innovations rather than copying continues to gain momentum. It doesn’t take a microscope to spot the signs.
Chinese engineering and managerial talent is multiplying, while e-commerce and mobile communication innovations are unfolding. A rebound in China’s venture capital market after the “Death Valley” of the 2011 and 2012 and the rise of angel investors, many of them multimillionaires from the first generation of China’s “techpreneurs,” are escalating the trend.
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To read the original article: Frugal Innovation Evolves In The Next Phase Of China's Rise As Tech Economy - Forbes
