China is moving urgently to IPv6 and has the second largest Venture Capital Market

NY Times – “China must move to IPv6,” Dr. Wu said. “In the U.S., some people don’t believe it’s urgent, but we believe it’s urgent.” IPv6 — Internet Protocol version 6 — offers advanced security and privacy options, but more important, many more I.P. addresses, whose supply on the present Internet (IPv4) is almost exhausted. China already has almost twice the number of Internet users as in the United States, and Dr. Wu, a computer scientist and director of the Chinese Educational and Research Network, points out that his nation is moving more quickly than any other in the world to deploy the new protocol.

China is now the world’s second-largest venture capital market, growing to $7.6 billion from just $2.2 billion in 2005, while the American venture capital market has remained largely stagnant

Researchers at the Stanford Program on Regions of Innovation and Entrepreneurship recently mapped the investment activity of 769 firms investing in 2,203 Chinese companies and found patterns reminiscent of Silicon Valley.

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