The area of Zhongguancun is popularly known as the Silicon Valley of China.
The Chinese Academy of Sciences, as well as a dozen famous colleges and universities, including Beijing and Qinghua Universities are located in Zhongguancun in Beijing's Haidian District. The area has a dynamic economy that focuses on the knowledge and information industries. The average age of the several hundred thousands of employees in Zhongguancun is about 30.
