China's "Silicon Valley" Looking for Talented People 　　China's prestigious Qinghua University reached an agreement Friday with Beijing's Haidian High-Tech Development Zone to train engineers for the Zhongguancun area. 　　Zhongguancun in northwestern Beijing, which is known as China's "silicon valley", is home to nearly 5,000 private high-tech businesses and dozens of academies and research institutes like those at Beijing and Qinghua universities and the Chinese Academy of Sciences. 　　Some 1,100 of the world's top computer companies, like IBM, Microsoft, Compaq, Hewlett Packard, and Mitsubishi, have ventures in the area. 　　According to Qinghua sources, the university has promised to have 100 people graduate with a master degree in engineering every year for the Zhongguancun area to help further development there. 　　In return, the university will be given help in establishing more high-tech businesses for commercializing research achievements in the area, and funds will be available to back the development of such high-tech enterprises. Economicnews 1999-07-03 Page1 Full Story in Chinese