Kai-fu Lee: There are some misunderstandings in Chinese entrepreneurs today

Absrtact: "Core tips": I am full of enthusiasm and confidence in China's entrepreneurship today, which is why I decided to start a business in China more than a year ago. However, I think there are some misunderstandings in Chinese entrepreneurs today, I would like to make some comments on these misunderstandings

"Core tip": I am full of enthusiasm and confidence in China's entrepreneurship today, which is why I decided to start a business in China more than a year ago. However, I think there are some misunderstandings in Chinese entrepreneurs today, I would like to make some comments and suggestions on these misunderstandings.

The first is that China's market is huge and China's economy is still booming in the face of the global financial crisis. China's entrepreneurship, whether from the initial or the listed companies, are recognised globally because every market in China is growing fast, and of course my internet market is growing faster, and it's very easy to see that some of the companies listed on Nasdaq recently have done very well and you can see It can be predicted that China's future Internet market will definitely surpass the United States, from the number has exceeded, from the future per capita consumption, will slowly catch up.

Second: We think of is the talent, China's talent is very good, very hard, very perseverance, and has a very strong desire for success. These are the reasons for the success of Silicon Valley in the United States, so these reasons, in China also slowly bred, let us have a very big future expectations. And these entrepreneurs, they have a lot of successful role models, such as Mr. Guo, Ma Yun, Horse, and so on, they are successful entrepreneurs in China, and in a very short time to get a lot of success, give these entrepreneurs very big incentive.

Third: We heard this morning that the government has a lot of support for entrepreneurship, we have seen the leaders of these countries, as well as local government leaders, are full of passion and enthusiasm for entrepreneurship, the Government has provided various help, in the innovation factory this year I deeply feel that in Beijing and other cities, have considerable support for innovation and entrepreneurship.

Four: Internet innovation and entrepreneurship, now facing a historical opportunity. Because I think the internet entrepreneurship in China, especially in China has a particularly good opportunity. There are also a lot of industries, such as new energy, green investment, also very good, but also received a lot of government support.

Five: The Internet, or the United States in the front. Then Chinese entrepreneurs can see the inspiration, ideas, successes and failures of American entrepreneurs. and learn from it, I don't preach outright plagiarism, but many American successes and failures, and other national successes and failures, can help entrepreneurs take fewer detours.

Hope that every entrepreneur, do not only see the source of money.