BEIJING (Kyodo) Chinese from around the world are flocking to Zhongguancun in northwestern Beijing -- or "China's Silicon Valley" -- which hosts thousands of high-tech firms.

One successful entrepreneur is Fang Feiyu, president of Dyna Technology Co., which develops small terminals for movies and cable TV receivers for the domestic market by using chips produced by Japan's NEC Corp., Fujitsu Ltd. and other companies.

"The technologies of Japanese semiconductor producers are excellent, but nobody knows what products should be made for China by using them. That was a chance," he said.