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Young university graduate's entrepreneurial dream becomes true

   2016-07-01 18:25:35

BEIJING, July 1 (Xinhuanet) -- At a time when securing a stable job is becoming harder for Chinese young university graduates amid an economic slowdown, Nong Dashuo decided to take a bold step and start his own business.

Born in a village in Wuzhou City in south China's Guangxi Zhuang Autonomous Region, the 22-year-old has just left the Wuzhou University with a Bachelor's degree in management.

In the past six months when most of his classmates are still looking for jobs in big cities or government institutions, Nong is already running a small business of his own.

Dating back to 2012 after entering the university for merely three months, Nong joined a campus association of entrepreneurship promotion.

"My original intention was very simple. My family is not a rich one and I wanted to make some money in order to alleviate my parents' financial burden," Nong said.

He found his first job -- sell products. Nong remembered he had to walk whole day to visit all the blocks in downtown to sell not much.

"Sometimes I had to wait four hours to meet one client. The job was so exhausting and I relied on inspirational books to struggle through," Nong said.

However, Nong soon realized the sales job is too competitive as it sets a low entrance threshold. So he decided on a change and turned his target customers from scattered private individuals to groups and accordingly formed a small media company together with several classmates.

After times of trial and failure, Nong began to win trust of many local companies and governmental departments including the Wuzhou Land and Resources Bureau, Commercial Bureau and hospitals. His turnover soon saw a steady rise.

Now his small media company offers varied services, including corporate advertising, ceremony service and house decoration, with an annual net income running to 500,000 yuan (75,233 U.S. dollars).

Nong said young people who want to start up their own business are facing problems including lack of capital, experience and supportive conditions. But, he also stressed, they are not helpless and alone, as they could try to win help from different sources while making own unfailing endeavors.

True, Nong is not helpless and alone, so are not the numerous other university graduates like him, as they can often find ready and effective backing from different sources.

China has set up 115 university science parks and over 1,600 business incubators, which help the small businesses grow by providing them management skill training and low-cost office space.

Chinese government is encouraging mass entrepreneurship and innovation to generate more jobs, boost structural reform and bring better economic growth.

Nine ministerial departments of central governmental have jointly issued a circular to further help the young enter the self-employment business in the next five years as China will see an estimated eight million college graduates each year.

Local governments and education administration are required to support those college graduates by way of training and education, or facilitating registration process, in addition to financial support.

With the favorable conditions and youthful enthusiasm, Chinese young entrepreneurial dream will become true and more vivid.

Editor: Yamei Wang
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Xinhuanet

Young university graduate's entrepreneurial dream becomes true

2016-07-01 18:25:35
[Editor: Yamei Wang]

BEIJING, July 1 (Xinhuanet) -- At a time when securing a stable job is becoming harder for Chinese young university graduates amid an economic slowdown, Nong Dashuo decided to take a bold step and start his own business.

Born in a village in Wuzhou City in south China's Guangxi Zhuang Autonomous Region, the 22-year-old has just left the Wuzhou University with a Bachelor's degree in management.

In the past six months when most of his classmates are still looking for jobs in big cities or government institutions, Nong is already running a small business of his own.

Dating back to 2012 after entering the university for merely three months, Nong joined a campus association of entrepreneurship promotion.

"My original intention was very simple. My family is not a rich one and I wanted to make some money in order to alleviate my parents' financial burden," Nong said.

He found his first job -- sell products. Nong remembered he had to walk whole day to visit all the blocks in downtown to sell not much.

"Sometimes I had to wait four hours to meet one client. The job was so exhausting and I relied on inspirational books to struggle through," Nong said.

However, Nong soon realized the sales job is too competitive as it sets a low entrance threshold. So he decided on a change and turned his target customers from scattered private individuals to groups and accordingly formed a small media company together with several classmates.

After times of trial and failure, Nong began to win trust of many local companies and governmental departments including the Wuzhou Land and Resources Bureau, Commercial Bureau and hospitals. His turnover soon saw a steady rise.

Now his small media company offers varied services, including corporate advertising, ceremony service and house decoration, with an annual net income running to 500,000 yuan (75,233 U.S. dollars).

Nong said young people who want to start up their own business are facing problems including lack of capital, experience and supportive conditions. But, he also stressed, they are not helpless and alone, as they could try to win help from different sources while making own unfailing endeavors.

True, Nong is not helpless and alone, so are not the numerous other university graduates like him, as they can often find ready and effective backing from different sources.

China has set up 115 university science parks and over 1,600 business incubators, which help the small businesses grow by providing them management skill training and low-cost office space.

Chinese government is encouraging mass entrepreneurship and innovation to generate more jobs, boost structural reform and bring better economic growth.

Nine ministerial departments of central governmental have jointly issued a circular to further help the young enter the self-employment business in the next five years as China will see an estimated eight million college graduates each year.

Local governments and education administration are required to support those college graduates by way of training and education, or facilitating registration process, in addition to financial support.

With the favorable conditions and youthful enthusiasm, Chinese young entrepreneurial dream will become true and more vivid.

[Editor: Yamei Wang]
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