This document discusses trends in technology and business in China. It notes that China has over 750 million mobile phone users, over 230 million mobile internet users, and estimates over 42 million 3G mobile phone users by 2010. It also discusses venture capital funding in China, with 94 new VC funds and $5.9 billion in new funding in 2009. Internet companies received the most investments totaling $192 million. The document also examines social media and networking in China, as well as trends around copying, innovation, and the cultural and creative industries.