Nine Young Chinese Entrepreneurs To Watch

Forbes has profiles of the nine young entrepreneurs to watch:

By 2015 there will be 500 million people under age 30 in China–roughly the population of the entire European Union. And they aren’t idolizing Lei Feng, a devoted follower of Mao. They are looking to figures such as Bill Gates and Michael Dell, says Ge Dingkun, a professor of entrepreneurship at China Europe International Business School in Shanghai.

Young people, barely a generation removed from Chairman Mao’s strict communism, are embracing entrepreneurship. The incomes of twenty-somethings in China grew 34% in the past three years, the largest growth of any age group, according to a survey by Credit Suisse ( CS – news – people ). While large industries in China–such as banking, steel, telecommunications and electricity generation–are still essentially state-owned, a growing chunk of new wealth being created comes from the hard work and vision of scrappy upstarts.

These wunderkinds are attacking the gamut of industries and opportunities–including bringing Disney ( DIS – news – people ) movies to the mainland, increasing efficiency in health care delivery and developing the next wave of online games and Web applications.

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.