China has approved something called the 'Development Plan for the Zhongguancun National Innovation Demonstration Zone (2011-2020).' This plan aims to boost Zhongguancun's total revenue to 10 trillion RMB ($1.54 trillion) by 2020, which would be an 85% improvement on the 1.55 trillion RMB ($239 billion) from last year.
Last week, Zhongguancun, China's Silicon Valley had its plan approved for major changes as it aims to boost its total revenue to $1.54 trillion by 2020.
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