Zhongguan Village,China’s Silicon Valley

2008-09-01 02:59:14
China’s foreign Trade 2008年14期

In 1999,driven by the dream of usingtechnology to change people's lives,Li Yanhong,returned to Zhongguan-cun (Zhongguan Village in Chinese),Beijing from Silicon Valley in the U.S. tocreate Baidu.com. Over the years,Baiduhas become the most frequently hittedwebsite in China as well as the largestChinese search engine and Chinese lan-guage website in the world. In August2005,Baidu was listed on the NASDAQin the United States,joining the list ofwell-known public companies in theglobal capital market. It was an event thatmarked the success of Baidu,but at thesame time it represented the developmentand splendor of Zhongguancun whereBaidu was born,which is also known asthe“Silicon Valley of China”.