Chinese students return from abroad with startup fever

[TaiShang]

Chinese students return from abroad with startup fever

Source: Xinhua Published: 2018/5/28

Li Huiyu gave up a chance to work for one of America's leading genomics companies, instead returning to China to work for a startup in 2017, the same year he graduated from Stanford University's engineering school.

"I like new challenges, responsibility and leading a team forward," Li said.

"I hope what I learned can contribute to my country," Li said.

He noticed computer science was popular among school children in the United States.

His team, Mobby iCode, now aims to provide high-quality coding courses to children in China.

The experience of studying abroad appears to give Chinese students a more open-minded attitude about startups, according to a survey published earlier this week.

While only 9 percent of those who had yet to study overseas planned to start a business, the number grew significantly to 49 percent among those who had completed overseas courses, according to the survey.

Sun Haotian, also a Stanford graduate, is another example. "Before I studied overseas, my plan was to simply complete a doctorate, which might make my job search easier," said Sun.

"However, a course on entrepreneurship in civil and environmental engineering prompted me to think about joining a start-up," Sun said.

Sun quit a position with an investment company and joined Laiye, a mobile Internet platform that helps with ordering cabs, food, hotels, air tickets and housekeeping.

Rich knowledge and broader horizons are believed to have contributed to the change in attitudes.

However, some noted that it was the amicable environment for entrepreneurship in China that helped them make the decision to return.

"I tried to operate a start-up as early as my years at Berkeley. It was not successful, but I learned an important lesson," said Mark Ma, a graduate of the University of California at Berkeley.

Speaking of his decision to return, Ma said he values China's detail-oriented work environment.

Li Zeyang graduated with his bachelor's degree in computer science at Carnegie Mellon University and continued his studies at Stanford University.

"Before leaving for the United States, I was planning to find a job there and work as an engineer," said Li. He interned at several leading US companies before making the decision to return to China. He later co-founded the mobile game company Chilly Room.

"My experiences at Stanford inspired me," Li said, adding that working overseas as an engineer would not offer him enough of a voice in decision-making.

"There are many more opportunities back in China," he said.

@Chinese-Dragon , @Cybernetics , @Beast , @Feng Leng , @JSCh , @cirr

 

[war&peace]

I hope yours get cured too.

I never got fever except in childhood. I have a good immune system. If you take precautions and lead a healthy lifestyle, you should not get a fever either. I think Chinese traditional medicines have good cure for fever so they will be treated quickly.

 

[TaiShang]

Chinese medicine takes a long time to work. I think they should look into Islamic remedies. Sometimes one needs to fight fire with fire.

Bro, let's not waste energy on useless post-mortem stuff, which no body exactly knows, but concentrate on secular scientific development.

It is through secular scientific development that China has achieved what has been achieved so far - although not complete yet.

I have seen on the thread in another section lots of hatred and bigotry (and zealotry) that's so useless. Those people are desperate and helpless, and desperation and helplessness drive them into radical keyboard propaganda.

The best response to hatred is development and betterment of our national life as Greater China.

The way I observe it, our confidence comes from real, tangible development, scientific knowledge and critical thinking, which ultimately prevails over bigotry and desperate other-worldism or ethno-universalism. This is what empirical evidence suggests so far.

Hence, some groups of people can be desperately dangerous, but, modern society and technology have developed lots of new devices to deal with them.

As I told above, we need to keep working to leave those people with two options: Either be a good customer and usurper of what we create. Or, be a distant watcher with no communication with us.

If they choose a third of trying to destroy what we build through hard work, then, I guess we can employ lots of very convincing methods to dissuade them or simply bring their wordly existence into a permanent halt.

The question of post-mortem existence is only a matter of convenience.

 

[war&peace]

Chinese medicine takes a long time to work. I think they should look into Islamic remedies. Sometimes one needs to fight fire with fire.

But they are going to China for the treatment and not to any Muslim country. Otherwise western medicine also has cure.... but may be it is cheaper in China. I just wish them fast recovery because fever is really a bad sickness.

 

[UserUnknown2025]

But they are going to China for the treatment. Otherwise western medicine also has cure.... but may be it is cheaper in China. But I just wish them fast recovery because fever is really a bad sickness.

Thank you for telling me that fever is bad from your first hand experience. They need to heal fast since fever can be a little explosive from time to time.

 

[war&peace]

Thank you for telling me that fever is bad from your first hand experience. They need to heal fast since fever can be a little explosive from time to time.

Exactly that's I wish for them. I'm pretty sure they will be cured of this disease. As I said I never had fever except in childhood.

 

[Jlaw]

But they are going to China for the treatment and not to any Muslim country. Otherwise western medicine also has cure.... but may be it is cheaper in China. I just wish them fast recovery because fever is really a bad sickness.

There is no western medicine for curing .

 

[Adam WANG SHANGHAI MEGA]

China for now has on of the best business startup conditions in the world: the government encourages and provides financial support, a complete industrial chain, a highly specialized industrial division, a huge market, an active economy, and high economic efficiency,relatively cheap start-up costs.....

 

[TaiShang]

But they are going to China for the treatment and not to any Muslim country. Otherwise western medicine also has cure.... but may be it is cheaper in China. I just wish them fast recovery because fever is really a bad sickness.

I think you badly misunderstood the allegory of "fever" in the title (If you are not just joking) .

***

 

[Clutch]

I never got fever except in childhood. I have a good immune system. If you take precautions and lead a healthy lifestyle, you should not get a fever either. I think Chinese traditional medicines have good cure for fever so they will be treated quickly.

By not having a fever is actually a sign of a poor or non-functional immune system. A fever is a natural reaction of your body to fight of an infection.

 

[war&peace]

By not having a fever is actually a sign of a poor or non-functional immune system. A fever is a natural reaction of your body to fight of an infection.

I had it in childhood. Fever is pretty uncommon in adults in Sweden. If it was such a indication of the strength of the immune system, then children won't have so much fever as they are the most fragile and vulnerable to disease.

 

[Clutch]

I had it in childhood. Fever is pretty uncommon in adults in Sweden. If it was such a indication of the strength of the immune system, then children won't have so much fever as they are the most fragile and vulnerable to disease.

https://www.scientificamerican.com/article/what-causes-a-fever/

 

[rott]

I hope yours get cured too.

I think he meant well. I am guessing he just meant that their wishes are fulfilled after going back home.

I think you badly misunderstood the allegory of "fever" in the title (If you are not just joking) .

***

He was joking.

 

[war&peace]

I think you badly misunderstood the allegory of "fever" in the title (If you are not just joking) .

***

Mate what I wanted to point out was that "fever" is a negative term and it should have been avoided but my friends here couldn't understand it.

 

[TaiShang]

All aboard! China calls on overseas returnees to seize opportunities amid nations opening up efforts

By Jiang Jie (People's Daily Online) 14:57, May 30, 2018

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Chinese overseas returnees, who have made great contribution to the nation’s groundbreaking reform and opening up, are welcoming a new era when innovation and entrepreneurship are further encouraged.

Addressing a Tuesday conference on overseas returnees and reform and opening up, Wan Gang, vice chairman of the National Committee of the Chinese People’s Political Consultative Conference, said overseas returnees, including himself, are essential to pioneer China’s reform and opening up with their entrepreneurship and innovation skills, which provide momentum to China’s economic development.

China’s reform and opening up, entering its 40th anniversary this year since 1978, is hailed as a miracle in human history, according to Justin Lin Yifu, director of Institute of New Structural Economics at Peking University.

Back in 1978, China was one of the world’s most destitute countries in the world, with 84% of its population living with less than $1.25 every day. As of 2017, the nation has lifted 800 million people out of poverty, maintaining an average trade growth rate of 14.8%, a remarkable achievement for a country with such a low economic basis, Lin noted.

The Peking University professor predicted that China’s economic growth would become the world’s most important economic phenomenon by 2030, providing a historic opportunity for all intellectuals including returnees to tap into.

Specifically, China is in demand of more innovative and creative minds amid the fourth Industrial Revolution, said Chen Shiyi, an academician with Chinese Academy of Sciences. “Compared with our predecessors who have laid the foundation for China’s development, including the development of national defense, returnees today shoulder more responsibility to boost China’s core technology research and development,” said Chen.

Xiong Xiaoge, IDG Capital Global Chairman, also pointed out that the nation is ready to offer more surprise opportunities for overseas returnees in the technological sphere, including 5G communication and AI.

China has witnessed a rising number of people returning to the mainland for development since 2015, the year in which the number of returnees exceeded those leaving China. As of 2017, a total of 3.13 million of returnees had traveled back to the Chinese mainland, up from 2.65 million by 2016.

Wan noted that overseas returnees can also help bridge the gap between the outside world and China in the nation’s further opening up.

Zhu Min, head of National Institute of Financial Research at Tsinghua University, agreed that the returnees, with cross-cultural experiences, can serve to help the world better understand China, whose economic scale and rapid growth sometimes appear overwhelming.

“Thanks to the returnees, there are now more Chinese who can understand the world than those from other countries who can empathize with China,” Zhu noted, adding that China’s development has created a new platform for people, like himself, coming back home with overseas experience.

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