sraeli Entrepreneur on the innovation of science and technology China beyond Silicon Valley point t

editor’s note: Hagai Tal is the chief executive officer of mobile advertising platform Taptica. He has been involved in a number of corporate investment, management and development and other related issues, including Kontera, Amadesa, Payoneer, BlueSnap and Spark Networks.

we live in a world of economic globalization, but the way we look at the world still has a strong national bias.

: for example, in Silicon Valley, people will ask the world’s largest consumer market, when China will completely open the door to fully accept such as apple, Google, Facebook and other technology giants. However, China’s technology industry is concerned about another problem: when China’s technology companies can disrupt the western market?

in the past few years, Chinese companies have been spending. They start investing in all economic sectors or acquiring company. At present, the technology company is the third largest investment target of Chinese investors. But Silicon Valley’s media tend to believe that the acquisition of Chinese investors is to introduce western technology into the Chinese market.

, for example, when the China company voted Grindr (the first gay social application), the media focus on the potential market Chinese gay community dating application, and we rarely pay attention to Silicon Valley in the China copy successful products (although this kind of strategy to the market also brings certain challenges).

obviously, Silicon Valley view of China’s science and technology industry is not consistent with the market. But Israel’s view of China’s technology industry is very different. Since 1990s, Israel has taken the initiative in China’s expansion plan.

Chinese is now Israel’s third largest trading partner, the total economic trade between the two countries last year reached $11 billion (which is a very important figure for Israel, the country’s GDP is about US $300 billion).

in the past, China bought our technology because of their lack of the ability of the development of science and technology industry. But things are different now. Now, China is developing its own technology and trying to push China to other countries.

the current gap is reflected in the economy and culture, rather than technology

"It’s time to stop looking for a Western version of WeChat apps,"

, a science journalist, wrote in a recent interview with china. I agree with anyone who has been in China for a long time.

I went to the

in the process of China, I have used WeChat to authenticate and connect the public Wi-Fi to pay expenses, taxi tickets, catering, arrange to meet and chat with friends and colleagues.

WeChat behind the use of technology is indeed very good, but from the market point of view, the real breakthrough in this application is that it has

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