1 Porridge Jiahe: Tasting Life in Healthy Porridge37 Huda Restaurant: A Symbol of Crayfish on Guijie Street57 Shotamuni Restaurant: Creative Dishes of Excellent Quality75 LaowangSG Hotpot: Secret of Delicacy in Chicken Soup91 Leasun Food: The Road to Transformation119 A Life-long Career: Producing Fragrant Tea Products135 Qianzhenhe Catering: A Path Towards Dream157 Ma Tiemin: A Green Pioneer of Modern Agriculture173 Xiangnian Food: A Sentiment of Missing197 Babi Food: The Kingdom of Pastry215 Epilogue
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How Entrepreneurs Were TemperedGao Jian, Professor, Department of Innovation, Entrepreneurship,and Strategy, School of Economics and Management, and Director of the Entrepreneurship Research Center on G20 Economies, Tsinghua University.In China today, entrepreneurship continues to boost socioeconomic development.Starting a business is a life choice for many. In 2014, while addressing the opening of the Annual Meeting of the New Champions 2014, also known as the Summer Davos Forum, in Tianjin, northern China, Chinese Premier Li Keqiang said the massive wave of entrepreneurship by the people at the grassroots of China should be fueled to foster a new pattern of innovation by all. On March 16, 2018, business entities across the country exceeded 100 million. By the end of 2019,the number topped 120 million. Entrepreneurship has been born on the fertile soil of China.Entrepreneurship is also a main engine of China’s economic and social progress. With four decades of reform and opening since 1978, the private sector has flourished, helping create China’s economic miracle. The sector now accounts for 50 percent of the country’s fiscal revenue, contributes 60 percent of GDP growth, and attracts 60 percent of private investment. It also plays a strong role in China’s innovation drive and job creation by contributing more than 70 percent of technological innovation and new products and providing over 80 percent of jobs. More than 90 percent of new jobs are now created by private businesses.[1] The number of Chinese enterprises that rose from obscurity and became listed on the Fortune 500 in 2019 has risen from zero to 26.[2]This book presents the stories of ten Chinese entrepreneurs who started from scratch, yet achieved their dreams through strenuous effort.Appreciating their personal experience, we get a glimpse of the persistence,innovation, and social responsibility embodied in the innovation and development of Chinese enterprises.