7 Startup Hubs From Around the World to Watch in 2014
Beijing’s Zhongguancun district has made a study of the style, personality, management and financing systems of Silicon Valley, says Zhang Rui, CEO of Spring Rain Software Co., a Beijing-based health-advice app maker. With China's enhanced emphasis on entrepreneurs, a growing number of investors are turning their attention to the world's most populous country. Aid from local officials offering startups subsidies--normally sparse in China--has also helped. The downside to launching in Beijing? The still-young entrepreneur scene can't claim the dynamism of U.S. hubs.