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Is there any powerful programming contest (C language)?
The most authoritative acm/icpc is just a team.

The authoritative commercial individual competition in China is astar Baidu Star held by Baidu.

The most authoritative individual business competition in the world is google codejam.

Besides, some competition is often in topcoder.com, a headhunting company, and some of them have won bonuses. Algorithm competitions can earn some pocket money, and competitions such as software module design can earn a lot of money.