BR America       中文       Deutsch       Français       日本語       ChinAfrica
Search      Subscribe
Home      Nation      World      Business      Opinion      Lifestyle      Multimedia      Documents      Special Reports      Africa Travel
China's Capital Market Becomes More Rational: CEOs
Young entrepreneurs share their views on getting investment for their startups
By Li Nan | Web Exclusive
Investors and entrepreneurs share their views on getting investment for startups at the 2017 Boao Forum for Asia Annual Conference in Boao, Hainan Province on March 24 (COURTESY OF THE BFA)

"The overall business environment for startups is being improved in China," Mark Zhang, Founder and CEO of, a leading online meal-delivering platform, told Beijing Review at the Boao Forum for Asia Annual Conference 2017 in Boao, south China's Hainan Province on March 24.

With the retreat of capital availability in the second half of 2015 in China, many people predicted that "Internet plus" startups that had gone through several years of rapid development would also suffer from a lack of financing.

But Zhang disagreed with such views. "The capital market is becoming more rational now. Many startups created to meet pseudo-demand in the past were much favored by capital, just because they presented a certain concept. Today such demand has been eliminated, which indicates an improvement in the market," said Zhang.

Maria Sun, COO of C-trip, a leading online tourism-service provider in China, echoed Zhang's view. "Before 2015, we often had to deal with a lack of capital. The situation gradually improved in 2016," said Sun, adding that C-trip is actively seeking opportunities to make investments and incubate new projects with its available resources.

But Zhang also noted that starting a business does not only require financing. "In the early period, startups should not pay too much attention to financing, but should concentrate their efforts on product research and customer service to create value for society," said Zhang.

(Reporting from Boao, Hainan Province)

About Us    |    Contact Us    |    Advertise with Us    |    Subscribe
Partners: ChinAfrica   |   |   China Today   |   China Pictorial   |   People's Daily Online   |   Women of China   |   Xinhua News Agency   |   China Daily
CCTV   |   China Tibet Online   |   China Radio International   |   Beijing Today   |   gb times   |   China   |   Eastday   |   CCN
Copyright Beijing Review All rights reserved 京ICP备08005356号 京公网安备110102005860号
Chinese Dictionary: