China's rate of innovation is accelerating and continues to define the tech industry's agenda, said Paddy Cosgrave, CEO and co-founder of the Web Summit.
"Startups are booming, even though venture capital investment is declining. China continues to set the agenda," Cosgrave, who co-founded in 2009 in Dublin now one of the world's largest tech industry conferences, told Xinhua in a recent interview.
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