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Seventeen-year-old Zhao Yingzhe is a car enthusiast, but he has gone further and turned his hobby into a business. He owns an automotive shop on paipai.com, a B2C platform on Wechat, which gives him annual net profits of 100,000 yuan ($16,110).
Zhao is among more than one million people with individual businesses on paipai.com, most of them in their twenties.
Their generation grew up with the internet，and now make a career on the internet.
After freeing people from the high costs of physical stores, the internet has now introduced entrepreneurship to the grassroots level.
Zhongguancun, also known as China’s Silicon Valley, has cultivated more than 260 listed companies．It is now breeding a new force for China’s economy--makers.
Here, an entrepreneurial project may come into being over a cup of coffee, with several young men discussing around one computer.
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Two young man work in an incubator on the Z-Innoway in the autumn of 2014.[Photo by Luo Xinyi/asianewsphoto] |
On the Z-Innoway, a street where start-ups gather, there are two coffee shops-the Garage Café and 3 W Café, which just served Premier Li, who came here to talk with the young makers. Both cafes more resemble innovation incubators than beverage outlets.
In the Garage Café, entrepreneurs usually give speeches on how to lay out their blueprints on the mobile internet, which can draw hundreds of listeners.
While in the 3 W Cafe, people gather in threes and fours to discuss internet projects.
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On the wall of an incubator on the Z-Innoway, pictures and quotes of entrepreneurs such as Jobs, Bill Gates and Ma Yun hang. [Photo by Luo Xinyi/asianewsphoto] |
The two cafes are an epitome of the Zhongguancun entrepreneurial wave, which experts call
the mobile commercial revolution based on “Internet Plus”--refering to linking the internet with traditional industries to create a new economic growth point.
People like Zhao Yingzhe choose a subdivision in traditional industries first, and then adapt it to the internet with a complete management system based on mobile internet thinking and tools.
Shen Yang, professor with the Journalism and Communications Department of Tsinghua University, said Internet Plus is transforming all levels of the society.
“It’s the golden time for ‘Internet Plus’ entrepreneurship, with many blank points to fill in, “he said, “for example, the smart internet can hopefully be the next star industry.”
For Zhao, the internet is good now. What’s next? Move on with its pace.
