China will become the new Silicon Valley

CHINICT is Asia’s biggest network-building, communication and brand positioning summit for the world’s fastest-growing and leading information technology enterprises. Franck Nazikian once worked in the United States for a decade in Silicon Valley, working in risk investment, software development, and also worked in Oracle. Franck founded CHINICT 5 years ago.

Franck Nazikian said that China has the world’s entrepreneurial spirit, particularly in the latest two years. He believeed that the next Google, Microsoft would show up in China. His opinion on foreign Internet companies’ failure to enter the Chinese market was that people should meet the needs of Chinese, while understand the relevant policies.
　　
Franck Nazikian believes that next hot spot in China is e-commerce, because the current Chinese payment channels and types are still limited and there is big space for development. On the other hand, he pointed out that the social categories of web pages online games would have development potential.

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