This post was originally published on South China Morning Post.
China’s hi-tech hub Guangdong sees higher education investments boom in bid to rival Silicon Valley with home-grown talent
An investment boom in institutions of higher education is taking place in Guangdong province, one of China’s biggest manufacturing hubs and its up-and-coming hi-tech region with grand ambitions to rival Silicon Valley in the United States.Guangdong will open 11 new universities this year, with more to come in the next few years. In Shenzhen city, the local government announced that it would invest 150 billion yuan (US$23.21 billion) to build 20 new universities and colleges by 2025, with an aim…