If an investor wants to invest in the future of China instead of the traditional business enterprises such as shoe and clothing, he should look to the business enterprises in various technology incubator center in China.
According to an unpublished report, the first incubator center opened its door in Wuhan China in 1987. The incubator center has been established in China for twenty years.
As of 2006, there are 548 incubator centers in China, with 41,434 enterprises being incubated, employing 13,000 returned scholars and 460,000 technical personnel.
From the inception of the incubator center twenty years ago, 19,896 business enterprises have been incubated with sales revenue increased by 500%. It includes 569 business enterprises with sales exceeding RMB100 million yuans, and 53 business enterprises publicly listed on the stock markets. Some breakthroughs in technology have been announced by these groups.
The incubator center is the primary platform to promote technology innovation in China, and as time goes on, more business enterprises will mature and contribute to economic wellbeings of the people in China and the world.
An investor should look to the incubator center if he wants to invest in new technology and the future of China. He will reap many times of his investment if he invests in the infancy of a business enterprise.
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