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China innovators seek to create the next Silicon Valley

Uber CEO Travis Kalanick said that in the next five years, there would be more innovation happening in China than in Silicon Valley. “In the next five years, there will be more innovation, more invention, more entrepreneurship happening in China, happening in Beijing, than in Silicon Valley,” said Kalanick at a conference. But will it really happen? CCTV’s Mark Niu has the details.

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