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China has long been tipped to be the next Silicon Valley, but now the  finances  and support are in place to make it happen.

There  is a growing consensus  ( 共 识 ) that while Silicon Valley  is not  about  to  disappear anytime soon, its next biggest rival is already on the verge of bursting onto the international  scene — not in the US, nor in the EU, but in Asia. More specifically, China.

This is not just an observation based on the rise of companies like Alibaba, Baidu  and Tencent. It is grounded in a more widespread move to fund start-ups in Asia to the point where more money is being invested there than in Europe. Just five years ago, Europe and Asia are neck and neck in terms of investment.

In 2013, Europe made slightly more deals, 1550 compared to Asia’s 1071, but the total value  of investment was $7bn. Just five years later, Asia is now four times the size of Europe with twice as many deals carried out.

Between 2013 to 2018, the number of deals in Asia increased nearly fivefold, and their value leapt to $81bn, compared to the $21bn raised in Europe. The Asian figure also shows that the continent is closing the gap on the US which saw $105bn worth of deals.

One of the main reasons that makes the country so attractive is not just the huge growth in investment and high education standards, but also local and national governmental support benefiting tech companies.

In fact, one of the conclusions of a recent Fortune tech conference was that China’s tech companies will soon be beating American companies on their home turf. One of the reasons is that investors believe US immigration policy is making it more difficult for the best talent around the world to find work there. Plus, Chinese companies are now able to start paying salaries that can keep pace with those on offer in Silicon Valley.

Hence, when Ian Roger, Chief Digital Official at luxury group LVMH was asked where he thought the next Facebook or Google would come from, he suggested it would be a close call between Silicon Valley and China. The latter had the investment that is needed as well as a hard work culture of a six-day week. It also has a superb education system and a huge population.

As Silicon Valley appears to be heating up a little too hard for some people, China would appear to be warming up at just the right pace.

1.What does the expression “on the verge of ” in paragraph 2 refer to?

A.on the way of B.on the list of

C.on the condition of D.on the point of

2.Which of the following is NOT a reason why China attracts foreign investment in tech companies?

A.High education standards. B.Huge growth in investment.

C.Support from the government. D.Higher salaries than those in Silicon Valley.

3.It can’t be inferred from the passage that ________.

A.the US immigration policy is strict but talent-friendly

B.Ian Roger believes the next Google might come from China

C.employees of Baidu might be accustomed to overwork

D.Chinese tech companies can provide highly competitive salaries now.

4.What is the passage mainly about?

A.The total value of investment in Asia is four times that in Europe.

B.Finances, high education standards and support make it possible for China to become the next Silicon Valley.

C.Asia attracts worldwide best talents to tech companies.

D.American tech companies will soon be beaten by those in China.

高三英语阅读理解中等难度题

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