BEIJING CHINA - SEPTEMBER 7:  Former President of Google Greater China, Kai-fu Lee, attends a press conference announcing his start of Innovation Works on September 7, 2009 in Beijing, China. Innovation Works, which has been funded with USD 115 million from investors including YouTube co- founder Steve Chen,  aims to assist Chinese entrepreneurs to devolop the next wave of high-tech companies in China. Getty Images logo Getty Images 2 months ago

BEIJING CHINA - SEPTEMBER 7: Former President of Google Greater China, Kai-fu Lee, attends a press conference announcing his start of Innovation Works on September 7, 2009 in Beijing, China. Innovation Works, which has been funded with USD 115 million from investors including YouTube co- founder Steve Chen, aims to assist Chinese entrepreneurs to devolop the next wave of high-tech companies in China.