Is China going to defeat United State in technology?

China is moving forward in technology, many believe that in the future China is going to lose America in almost all sectors. Perhaps the main craftsman of the future economy and the global economy will be able to move forward to China. In the current context, America is progressing at a slow pace in technology revolution. America has excellent quality communication, airports, talented universities. There is a modern technological defence system, and it is foolish to compare America with others in terms of business. The Silicon Valley, in particular, is not comparable to anyone. Many economists think that in the way China is moving ahead with their export and production, they can surpass America by 2030 in terms of GDP. Because by 2011, China has made incredible progress in these two sectors and has made the economy stronger. But it may take some time to go to the level of Silicon Valley. Because the thinking of the best and the hungry entrepreneurs is in the Silicon Valley. There is no shortage of opportunities. To say that the most meritorious crowd of the present time is in Silicon Valley and with this there have rain of money.

China can surpass the United States in terms of GDP

In the last 20 years, the United States did not have any headaches in China's technological development. The reason is clear. In the last two or three decades, China was considered to be a country of copycat, who simply copied the technology products of other countries and exported in more and more countries in a more cheap way. That's why common people call them "Chinese goods" with insolence. Apart from this, their other fault was the sending of spies to the technology and industrial factories of different countries. Until recently, such technical products were being created in China that could not be exported outside China. That's why they were called "Tech Galapagos". But crafty China could understand their problems. They have now increased their investment in basic research and technology, that is why they are able to market their products very quickly. A real example of this is Huawei. A message from Silicon Valley comes that China is now moving forward in the fight against the United States. The way China is moving to capture the United States, there is no longer time left for the American mastery of technology and the beginning of the end of the arrogance.

Alibaba America's Alphabet, Walmart, Amazon, e-Pay has built a lot of market in comparison to these

In a few areas, China is leveling in equality with the United States. Let's talk about Alibaba and Tencent. Both of these organizations are a large organization consisting of Conglomerate, ie many multinational corporations. Alibaba America's Alphabet, Walmart, Amazon, e-Pay has created a lot of market in comparison to these. In 2015, Alibaba, which sold the products online, was more than the collective income of Walmart, Amazon and E-Pay, especially in the United States retail market, Alibaba earns a lot more than its earnings. Again Tencent is confronting Facebook. Good fight has got accumulated among these institutions. Besides, China has introduced Taxi Ride Services DD, which has been built with the facility of online money transfer, Ant Financial - from where Ali-Pay has a pay-per-kind service and has now become the world's largest online Payment System. There is also Lufax which has introduced peer-to-peer payment service online. China's e-commerce is much more active than the US. Sales from China's e-commerce are twice as much compared to the sale of e-commerce in the US and the amount of money China is transmitting using the mobile is 11 times higher than the US. Note that checks are still used in the United States for payment of money.

Tencent is also confronting Facebook

China leaned towards the entrepreneur-rich economy. The principles that China has made for the entrepreneurs really deserve praise. Venture-capital is a thing in the economy, which means that if the entrepreneurs want to open their own start-up companies, investors will invest them. This investment can be done by any person or through an organization. The market for entrepreneurs in China is basically technology-centric. These entrepreneurs are working in the artificial intelligence sector. Last year their government announced that by 2030, China would lead the world in artificial intelligence. They are now making smart cities, creating an unmanageable car manufacturing industry, as well as focusing on technical development. In China universities, too many financial funds have been arranged for research. This initiative has also been taken from the government. The Industrial Revolution that started in Japan in the 1960s. How their government looked at the development, and the people of Japan took the government's effort as importantly as possible, now it is just like happening in China.

Working in the United States is now very financially lucrative. Because in the United States, almost seven million jobs have been created, where more work than the average salary of the whole country can be done from home. Even the use of the technology that is used by various industries is due to the use of technology companies to make profitable business. The Reserve Bank does not have the same amount of money every year, just as technology enters the United States from abroad. In addition, various technology products, such as the rules made by the United States in making hardware, are used all over the world. So the amount of income is not less than this copyright.

There is an organization called Sinovation ventures, which is working together with about 3,000 other tech companies

China is not going to lower in these directions. There is a Venture-Capital organization called Sinovation ventures, which are working together with about 3,000 other tech companies. Huawei, which is China's biggest hardware manufacturing company moving forward in a unimpressive way.

It is undeniable that China is still far behind from the United States. But there are far ahead of other countries. Seeing some statistics, the matter will be more clear. For example, in the technology industry, China has reached 42% of the US, which was 15% in 2012. In America, other companies without technology are trying to bring themselves to modern technology, which is only 26% in China. Besides, China is weak in comparison to the United States in making semi-conductor and business software.

China is not far behind from the US

But it has been said earlier that in some cases China is not far behind the United States. If we consider the numbers, it can be seen that China has reached 53% in terms of e-commerce, 85% in terms of Venture-capital, China is advancing in the direction of research, especially artificial intelligence. If you look at research journals every year, then you can see that very well researched articles are published from China, which is equal to 89% of America. Face ++, which is something that identifies a company with artificial intelligence and iFlytek, which recognizes and analyses people's voice, artificial intelligence (AI) institutions are being created in China and every research done by AI is sitting in China.

China has increased investment in Artificial Intelligence (AI)

It was already thought that, in the future Asia will be the main economy source. Maybe this can be the driving force of China. It is undeniable that due to the scope of the merchandise crowd is seen more in America. But how China is looking at better research and entrepreneurs to make their economy stronger and investing successfully, in the next few years they will be able to get closer to the United States.

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