“Here’s a news story you probably didn’t see: ‘Creative enterprises hub to be established in Qianhai.’ You didn’t see it because it ran in the Shenzhen Standard, an English-language newspaper in China’s Guangdong province, slightly north of Hong Kong. The local government is investing $750 million to build a giant hub for design and other creative enterprises.”
Source: Why China is about to give Silicon Valley serious competition | InfoWorld