男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

US EUROPE AFRICA ASIA 中文
Business / Economy

Funding proves major problem for startups

(China Daily) Updated: 2015-09-07 08:29

Funding proves major problem for startups

Young entrepreneurs gather at an entrepreneurship club in Zhongguancun, Beijing, April 1, 2015. [Photo/IC]

Lai Shenzhong has been turned down again-the third time in a week.

The 32-year-old entrepreneur has been trying to find investors who will pump around 500,000 yuan ($77,639) into his high-end tourism mobile app service.

"They (investors) are interested in the idea, but most of them have already invested in the online-to-offline tourism sector," he said. "They worry about conflicting interests if they pour money into us."

Lai returned to China in 2014 after working for a Caribbean cruise company for five years. In April, he set up Beijing Traveling Agent online and moved into the crowded Internet tourism sector.

Raising cash has been a major problem. "To be honest, we missed the best time for online tourism investment," he said. "During the past five months I have had to live off my savings."

"Now, I'm in desperate need of money to market and promote my app," he added.

Finding funding is the biggest headache entrepreneurs like Lai face. Among the 30 budding businessmen that China Daily interviewed in Beijing last month, 60 percent of them cited investment as the key issue.

"Despite the influx of investment from the real estate sector and government funding, the supply of money still fails to meet the huge and growing demand for financing," Zhang Kai, general manager of the Beijing branch of Techcode, a company that specializes in helping startups, said.

More than 570,000 people, aged between 18 and 40 years old, started businesses in the Chinese capital by the end of 2013, according to data from Beijing Administration for Industry and Commerce.

But that figure only reflects half the story as analysts point out that the number of new entrepreneurs has surged in the past year as they ride the online innovative wave.

In Beijing, Zhongguancun Science Park, which is commonly referred to as China's Silicon Valley, has more than 13,000 tech companies. According to data from the park, Beijing creates more than 120,000 startups every six months.

"Financial problems are affecting grassroot entrepreneurs who have limited resources in Beijing," Zhang added.

Xiang Liang falls into that category. The 28-year-old came to Beijing in April after dropping out of a startup team in Wuhan, capital of Hubei province.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 无极县| 沈阳市| 南京市| 咸宁市| 启东市| 云南省| 西藏| 铜山县| 德清县| 鸡泽县| 柘城县| 广安市| 武鸣县| 任丘市| 汨罗市| 通榆县| 玉山县| 鸡泽县| 沧源| 汕尾市| 子洲县| 临清市| 广平县| 灌云县| 阳朔县| 图木舒克市| 西城区| 天峻县| 定州市| 镶黄旗| 山东省| 青田县| 司法| 海门市| 巫溪县| 扶沟县| 东乌珠穆沁旗| 武邑县| 阿城市| 金山区| 唐海县|