Mon, 18 Nov, 2013 12:35:21 PM By Li Jizhi and Zhang Xuan, November 18 As the Slush conference, an annual startup event in Helsinki, attracted thousands more participants than last year, a top Chinese IT developer has seen the opportunity of emerging independent internet ecosystem rather than the current one dominated by Americans.
Wang Jian, Chief Technology Officer (CTO) of Alibaba group, made the remarks in an interview with Xinhua, after he briefed the Slush audience about China's e-commerce businesses.
The Slush 2013 also drew 60 billion U.S. dollars worth of venture capital, almost twice the value last year.
Wang chaired the conference, which was held earlier this month in Zhejiang Province in eastern China, and attended by some 5,000 developers, customers and investors.
He noted that many of Chinese successful startups are gaming companies, just like Finland, a nordic country that saw its gaming industry the fastest growing sector in 2012. After his first speech at the Blue Stage, where Finnish Prime Minister Jyrki Katainen voiced his optimism about European startups, Wang said he felt committed to persuading more Chinese developers and investors to attend Slush in order to know the latest development in Europe.
Chinese developers are "more of grassroot" compared with their European fellow entrepreneurs, said Wang.
Moreover, Wang said business startups are relatively easier to grow due to the better-organized financing systems in European countries like Finland, which is an opportunity for those Chinese companies eager to acquire internet know-how and upgrade their product lines. More News
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