China is rapidly developing aerospace, quantum computing, and electric vehicles, which will lead to more innovative competition with the Web Summit, two of the world’s largest and fastest growing technology conferences. Paddy Cosgrave, the founder and CEO of the clash, said Tuesday. In an interview with Xinhua News Agency.
Asked about his views on China’s technological development over the next few years, Kosgrave said: It was really interesting to see Huawei applying for a patent for a quantum computer chip. I think semiconductors are progressing faster than everyone expected. “
Last week, Chinese telecommunications giant Huawei announced a patent for a quantum chipset, saying it would dive into the world of quantum computers.
“I’m particularly interested in the progress of COMAC (China’s commercial aircraft company),” Cosgrave said.
“In the aerospace space, COMAC will eventually become a competitor to Boeing and Airbus. There is no doubt that we can build an airplane as well as Airbus and Boeing have made. Probably cheaper. Lighter.” He said.
“I think this is good for the industry as a whole. This will make Boeing and Airbus more innovative than ever. I think competition is good,” continued the CEO.
“The same can be seen in the electric vehicle industry. I think NIO will make great progress, especially in Europe over the next few years. It will be interesting for European carmakers. China remains open. I think Europe will remain open to imports from China. “
More than 35,000 people from around the world have gathered at the Enercare Center in Toronto this week for the biggest technical event in Canada since the COVID-19 pandemic began.
Over 900 speakers, 1,500 startups, 1,200 journalists, 850 investors and 100 unicorns are expected to meet to discuss topics on technology, artificial intelligence, data science, finance, automotive technology and digital media. I am.
Executives also said they plan to further expand their global footprint at additional meetings. “We continue to create regional events. The Web Summit is our motherhood in Lisbon, an annual global gathering, and over the years South America, Africa, the Middle East, and Asia. More and more people are coming. “
“We want to go to these markets and raise the brand awareness of the Web Summit. In 2023, we will go to Rio de Janeiro. We have made a deal with the government and the city. I look forward to going to the Middle East and going to more places in Asia and Africa. 2024, 2025. “
Cosgrave is one of the most important media and technology industry summits in Asia, and the RISE conference created by the team behind the Web Summit and the clash will be held at AsiaWorld-Expo on March 21-23. He added that he would return to Hong Kong. ..
“We started RISE about five years ago. It’s our baby, our sister meeting in Hong Kong,” he told Xinhua. “For us, it’s the perfect place for the east to meet the west, or to other parts of the world.”
“Historically, we have brought some of the most interesting Chinese founders and investors with some of the most interesting entrepreneurs and investors from other parts of the world. I haven’t been able to do that since 2019, but I hope to return to Hong Kong in 2023, “says Cosgrave.
Due to the rapid increase in demand for face-to-face events, Collision attendance increased by 40% from 25,711 in 2019 to 35,562 from 130 countries in 2022, Collision said in a press release.

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