NewImage

China needs to develop a "comprehensive innovation ecosystem", said a venture capitalist speaking at a gathering of Chinese business executives and VCs in San Francisco on Tuesday. "Silicon Valley creates a great ecosystem and comprehensive support for high-tech companies to grow,"said Benjamin Sun of AngelVest, a firm with offices in California and China that invests in several Chinese companies."That is what we need to learn from Silicon Valley."

Image: Jim Wunderman, CEO of the Bay Area Council, introduces the basic information about California to the Chinese delegation of 15 senior executives of Chinese companies and venture capitalists during a roundtable event at the office of Nixon Peabody LLP in San Francisco on Tuesday. LianZi / China Daily