Our years of work in China, with other Chinese founders and entrepreneurs have shown us that an important success factor of Chinese start-ups is a great sense for business and a sophisticated entrepreneurial understanding of the founders.

Whoever founds a start-up in China does so under the premise of having identified a valid business model. If you ask employees in Chinese companies, you will often learn that the majority of employees also have secondary income streams from private business activities. The cultural connotation of entrepreneurship differs significantly from the German understanding. You could say “in China everyone is an entrepreneur”, because most feel driven by the great potential to participate in the growing wealth of the Chinese economy.

This hunger for the “Chinese Dream”, the fast and competitive start-up landscape and the perfect conditions, created by governmental support, a well educated yet cheap workforce and access to cheap hardware and one of the largest domestic markets in the world, is a central part of China’s long-term success.