Hence throwing money at strategically important industries like semiconductors. The goal isn't to pay more the west in everything, but to enough premium attract the necessary talent to meet development objectives. Like attracting sufficient Chinese engineers from the valley to sea turtle back to bolster domestic innovation while locals spam derivative products until something competitive arises. At least data from the last few years shows it's drawing Taiwanese and Korean semi engineers. But semiconductors are very hard, like turbojet engines which China also has difficulties tackling, so who knows how well this strategy will work. Only that it's worked for everything else.

>Chinese Tech

It's not romanticization, I'm not in tech and I don't know what goes on method of cultural wise behind the scenes. I just know most everyday services I interact with when in China is ahead of the west, with exception of Google maps. Maybe the code is all duct taped from github, the workers are underpaid and overworked, but the experience is better from a consumer experience. So for me whatever is happening is sufficient, and breakneck speed for practice reasons might be the kind of consumer oriented process I prefer. Silicon Valley may poach most of the talent, and have the best pay, but they haven't made my life as convenient in comparison.