Zhe Jiang

Question 1

What are the achievements of the Zhejiang Province?

Answer 1

• It’s the fourth largest economy and the third largest exporter in China,
• Zhejiang Province leads all provinces in rankings of GDP per capita
• Compared to the rest of China, people in Zhejiang are the most entrepreneurial
• 183 out of nationally best 500 private owned companies are in Zhejiang (Aporx. 36.6%)

Question 2

What was the development of modern Zhejiang enterprisers?

Answer 2

1. Stage No.1 (later1970-1990):
   
   1. Do something different.
2. Stage No.2 (1990-2000)
   
   1. Do something at risk. Happy to take risk, lead market, make innovation,…
3. Stage No.3 (2000- )
   
   1. Do something professionally. Export brand and concept, work on capital management, real estate, construction, national owned corporate acquisition.

Question 3

What are the challenges of the Zhejiang Province?

Answer 3

• a shortage of small innovative businesses
• serious pollution
• Imitate manufacturing and
• Poor protection of intellectual property rights

Question 4

What are the prospects of the Zhejiang Province?

Answer 4

• develop the service industry
• develop the hi-tech industry

Question 5

What is “Alibaba”?

Answer 5

Alibaba is biggest online e-commerce company in the world.

Alibaba handles more business than any other e-commerce company, including Amazon.

Jack Ma is the CEO of Alibaba.