"This year, is there anyone in the end who is willing to be a superman?" Li Ka-shing's business partner and confidant Zhou Kaixuan told everyone that the answer is no. "No one wants to be a hero this year, and no one wants to be a superman."
In the past few decades, Mr. Li Ka-shing has been called "Lee Superman" and is an entrepreneurial leader of the Chinese community including Hong Kong. However, in recent years, the entrepreneurial spirit he represented has begun to be challenged in Hong Kong.
In fact, Hong Kong’s entrepreneurial spirit has gone downhill a decade ago. The Hong Kong Chinese University's research report on Hong Kong Entrepreneurship Watch found that the level of entrepreneurship in Hong Kong was surprisingly low.
The International Entrepreneurship Watch international study, which began in 2002 and covers 54 countries and regions around the world, shows that Hong Kong's entrepreneurial activity penetration rate is only 3.4% of the adult population, and it is one of the regions and countries with the lowest global entrepreneurial activity rate.
Even though Hong Kong has ushered in the era of retail prosperity brought about by “free travelâ€, the entrepreneurial activity in the past decade has not improved significantly. According to the results of the 2009 study, only 3.6% of adult residents in Hong Kong are engaged in early stage entrepreneurial activities, which is lower than the US's 8%, and far lower than the 18.8% of the entrepreneurial population in mainland China.
"spoiled Hong Kong"
A Canadian has witnessed the ups and downs of entrepreneurship in Hong Kong.
Bruce Rockowitz came to Hong Kong 35 years ago to participate in the tour as a professional tennis player. At the time, he was only 19 years old and worked as a part-time tennis coach at the Country Club in Hong Kong. He grew up in the town for the first time to see so many Rolls-Royce and Mercedes-Benz cars. His life has also become attached to Hong Kong, including the subsequent marriage with singer Li Wei to settle in Hong Kong.
"Hong Kong at the time was different from the present. There were not so many good restaurants, entertainment and hotels in the past. It was easier for young people to start a business at the time." Yue Yumin told reporters.
While part-time coach, he met Allan Zeman, the father of Lan Kwai Fong, and joined a trading company called Colby as a partner. In 1984, the two opened the California Restaurant, the first restaurant in Lan Kwai Fong, which laid the foundation for the rise of Lan Kwai Fong.
In the past few decades, Mr. Li Ka-shing has been called "Lee Superman" and is an entrepreneurial leader of the Chinese community including Hong Kong. However, in recent years, the entrepreneurial spirit he represented has begun to be challenged in Hong Kong.
In fact, Hong Kong’s entrepreneurial spirit has gone downhill a decade ago. The Hong Kong Chinese University's research report on Hong Kong Entrepreneurship Watch found that the level of entrepreneurship in Hong Kong was surprisingly low.
The International Entrepreneurship Watch international study, which began in 2002 and covers 54 countries and regions around the world, shows that Hong Kong's entrepreneurial activity penetration rate is only 3.4% of the adult population, and it is one of the regions and countries with the lowest global entrepreneurial activity rate.
Even though Hong Kong has ushered in the era of retail prosperity brought about by “free travelâ€, the entrepreneurial activity in the past decade has not improved significantly. According to the results of the 2009 study, only 3.6% of adult residents in Hong Kong are engaged in early stage entrepreneurial activities, which is lower than the US's 8%, and far lower than the 18.8% of the entrepreneurial population in mainland China.
"spoiled Hong Kong"
A Canadian has witnessed the ups and downs of entrepreneurship in Hong Kong.
Bruce Rockowitz came to Hong Kong 35 years ago to participate in the tour as a professional tennis player. At the time, he was only 19 years old and worked as a part-time tennis coach at the Country Club in Hong Kong. He grew up in the town for the first time to see so many Rolls-Royce and Mercedes-Benz cars. His life has also become attached to Hong Kong, including the subsequent marriage with singer Li Wei to settle in Hong Kong.
"Hong Kong at the time was different from the present. There were not so many good restaurants, entertainment and hotels in the past. It was easier for young people to start a business at the time." Yue Yumin told reporters.
While part-time coach, he met Allan Zeman, the father of Lan Kwai Fong, and joined a trading company called Colby as a partner. In 1984, the two opened the California Restaurant, the first restaurant in Lan Kwai Fong, which laid the foundation for the rise of Lan Kwai Fong.
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