Listening to "returnees" in different fields tell entrepreneurial stories

For a long time, Chinese young people chose to develop overseas after studying abroad, because the employment options offered by Western countries were often better than those at home. However, with the continuous improvement of China's economic strength, scientific and technological strength, and comprehensive national strength, more and more international students choose to return to China to start businesses.

According to the white paper "Chinese Youth in the New Era" recently released by the State Council Information Office, in 1978, my country sent only 860 students to study abroad, while in 2019, more than 700,000 people went abroad for further studies. In 1978, there were only 248 returnees to study abroad, but in 2019, the number exceeded 580,000.

"Post-85" Huang Sishen is a "returnee" who chose to return to China to start a business. He went abroad to study at the age of 13 and studied accounting and finance at the University of Southern California in the United States. Before returning to China to start a business, Huang Sishen worked in investment banks and made investments. In 2015, the young man who originally planned to devote himself to the financial industry made a major decision - to return to China to establish a sports culture company.

Why give up the chance to show off on Wall Street and go back to China to do sports? Huang Sishen told the "Global Times" reporter that in addition to his special love of sports, more importantly, he saw the domestic market potential and investment opportunities. Data from the National Bureau of Statistics shows that in 2014, the per capita disposable income of residents nationwide was 20,167 yuan, a nominal increase of 10.1% over the previous year, and a real increase of 8.0% after deducting price factors. Another important reason for Huang Sishen to devote himself to sports is the favorable domestic policy. In 2014, the State Council promulgated "Several Opinions on Accelerating the Development of the Sports Industry and Promoting Sports Consumption", supporting the sports industry as a sunrise industry.

Although his family is superior, Huang Sichen did not "pamper himself", but was down-to-earth and took his own entrepreneurial path step by step. At the beginning, the company had only three or four employees. After continuous efforts, at its peak, the company had more than 60 employees. "The previous generation of entrepreneurs dared to work hard, and our generation also hopes to independently hold up a sky through our own struggle." Huang Sichen said.

Wang Yu, who used to work as an expert research scientist at Fire Eye, one of the largest cybersecurity companies in the United States, said that he is a person who is excited about technological development and industrial changes, and a person who likes to "toss". When working in the United States, he has always been close Focus on entrepreneurial opportunities in various fields in the country.

When he could get the US green card in 3 months, Wang Yu decided to return to China to start his entrepreneurial journey and create a technology company. Before making this decision, Wang Yu took a fancy to China's huge market and domestic pragmatic and strong executive team of engineers. The company was only established in February last year, but it has completed two rounds of financing, has more than 50 employees, and has R&D offices in Hangzhou, Beijing and other places.

Wang Yu described entrepreneurship as "driving a sampan and fighting the wind and waves". When faced with a storm, entrepreneurs can only meet the challenge with perseverance. He said that this year's international economic situation is not conducive to entrepreneurship and financing, but he is still full of confidence in the company's development. Wang Yu said that with the development of China, information and data security will become an important support in the field of new infrastructure, and its value is self-evident. In addition, China has promulgated several laws on data security, and the Shanghai Data Exchange was unveiled last year. "China attaches great importance to information and data security and the irreversible trend of digitalization is the basis of our confidence." Wang Yu said.

Compared with Huang Sishen and Wang Yu, Zhu Zhi, the general manager of a technology company in Hangzhou, his entrepreneurial path is more "accidental". In 2012, Zhu Zhi, who had signed a contract with Hangzhou TV Station, studied English at night school after get off work in order to improve himself, but he didn't want to go abroad at that time. However, because the IELTS score after the supplementary course was not bad, Zhu Zhi got the opportunity to study at the University of East Anglia in the United Kingdom, majoring in the practice of film and television creation.

When studying in the UK, Zhu Zhi was keenly aware that the development of China's new media, especially the We-Media, had left some Western countries behind, and the country was the "blue ocean", which later became his rejection of a British magazine Invitation, an important reason for choosing to return to China to start a business.

Zhu Zhi, who returned from his studies, not only encountered the transformation of the domestic media industry, but also caught up with the new wave of "mass entrepreneurship" and received an investment of 5 million yuan. However, the road to entrepreneurship has not been smooth sailing. "We (the company) almost closed in 2019... It is really necessary to persevere in entrepreneurship, and there is no way."

After experiencing the ups and downs of entrepreneurship, Zhu Zhi is still full of longing for the company's development and the future of the self-media industry. He believes that China is at the forefront of the world in terms of the development of the entire industry driven by new media based on short videos and live broadcasts, and this provides a broad stage for young people to start their own businesses, allowing young people to have the opportunity to take advantage of the times. The strong east wind keeps flying upwards.