Talent may join firms using technology on policy push

LinkedIn co-founder says nation a fertile ground for blitzscaling of startups

China's policy package to support innovation and entrepreneurship in the initial, growth and maturity stages will effectively transform new technologies into companies' core competitiveness, said executives from LinkedIn, the California-based online social network for professionals.

Reid Hoffman, co-founder of LinkedIn, said for startups, China remains a fertile ground for blitzscaling, which he once described as "the science and art of rapidly building out a company to serve a large and usually global market, with the goal of becoming the first mover at scale. This is high-impact entrepreneurship".