Student-Entrepreneur : The New Way of Employment in China.

ina is one of the most populated country in the world with almost 2 billion inhabitants. Each year, more than 7 million of students are gratuated and only 1/3 find a job. There is a dizzy problem of employment. The employment market is more and more stuggled. That’s why, a lot of student prefered to build their own business. Entrepreneurship is becoming a solution to reduce the stress of all this students.

 

BE A STUDENT IN CHINA

The quality of the degrees in China is know all over the world. In China, the number of graduated students growth, they have very good degrees and skills to be very performant on the employment market. However, it’s not the case. The growing of high level degrees didn’t create more qulaified employments. Lot of students have to reduce their employment requirements because they don’t find a job. Where is the promise did by univertsities to students? In few years, the number of students having a non qualified job doubled. A huge problem that concern not only students but every chinese people.

 

ENTREPRENEURSHIP? THE NEW SOLUTION?

Entrepreneurship is becoming the solution in China. Lot of students prefer create their own company than be unemployed or have a non qualified job. The government and universities encourage this practice and help students in their business creations.

Most of the start-ups are openend in Zhuhai. It’s the city which has the most importante number of start-ups in China with around 2800 new start-ups every year. This city has a high number of start-ups because there are a lot of very good universities, it’s on of the most rich city of China and its geographic situation is perfect (close to Macao and in front of HongKong and Shenzhen).

Besides, government encourage the students to build their own business by reducing the companies’s tax.

 

 

More and more Schools & university encourage their Student to Launch companies in China, and specially in Shanghai.

 

HELP FOR THE STUDENT-ENTREPRENEURS

But, create a start-ups it’s not so easy. Today in China, it’s becoming the new way but  teachers are a bit affraid about all this students who want to create their business. Create a business it’s easy but it’s hard to keep it open.

Lot of teachers and school directors warn students about risks to create your own business.

 

For Universities it’s a good economic opportunity that’s why they help students.

 

To reduce this lack of knowleadges of business creation, universities and governement work together to help the students. The governement reduce the company tax during the first 3 years, if they are 3 new graduated students in the company, they can request for an annual help of 481$ USD and governement ask them to follow an education in university to know more about the basic-skills to open your start-ups.

 

One amazing thing, in a country where sucess, ranking and have a good job to make money are very important, parents encourage their kids when they decided to enter in this perious adventure. Parents are often the first investors.

 

2 EXAMPLES OF CHINESE YOUNG ENTREPRENEURS

Cai Yutie, is 23 year old. He was student in Journalism in Zhuhai University. With a friend, they decided to open a shop in Zhuhai which offers women clothes and accessories. Their shop GreatMe is quickly becoming popular because it’s modern, when you enter in the shop, light is perfect and music trendy. For the moment, they don’t make a lot of money but it paid bills and rent.

For Cai Yutie, chinese student prefer create their own business because they are often bored in the traditionnal system which no longer reply to their expectations. That’s why they prefer create a start-ups, there are more free and can be very creative and express themselves. The chinese society is see by this students as a drag to their ambitions.

 

Wen Zibin is an other student-entrepreneur graduated from the Shenzhen University. This 22 year old man started by working in a company thanks to his parents relationships. But he quickly feel bored because the job is less qualified that he can do and not very creative. With two others friends, they also decided to open a shop : Momo, a cake shop. Their cakes are very appreciated by young people. They decided to followed a new education in pastry to develop their business and attract new consumers.

Wen say that it’s not easy to keep open his shop. Sometimes he wants to give up because you have bills, not a lot of customers, administration issues, you feel stangled. But each time, they found a solution to solve their problem. It encouraged them to keep going.

 

 

The job market in China is a market arrived at maturation and now saturated. China each year has more and more young people graduated unemployed. This young people often leave because they are very stress to don’t find a job. They moved abroad. But, a large part of them try to stay in their country and used their skills to develop their own business. The entrepreneurship is encourage by governement because its a solution to their problem of unemployment and students feel better. So everybody is happy.

 

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