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.

CDT EBOOKS

Subscribe to CDT

SUPPORT CDT

Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup
X

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.