Zhongguancun may be hailed as China's most famous village by foreigners.The State Council approved a development plan that allows companies in the area to try out new measures and pilot projects.
Zhongguancun in Beijing is China's biggest and most famous technology hub. it has become the home of many Chinese technology companies.
LandOcean Energy Service Co Ltd will expand its business into the exploration sector for the first time in 2011.
Companies hope to cash in on auto navigation services soon. In China's dynamic high technology industry dominated by young entrepreneurs in their 20s and 30s, 59-year-old Lu Jianguang might seem out of place. But he is involved in a business that perhaps only the more elderly can best understand - "selling time".
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