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Sep, 02
 
'Entrepreneurs are new icons in China'

By Team Mangalorean Bangalore

BANGALORE, November 16, 2009: A day after VHP leader Ashok Singhal's appeal to Indians to boycott china goods, Robert Crompton, executive producer of 'Win In China', a one-hour documentary film, said that China was silently but aggressively encouraging, nurturing and developing huge pool of entrepreneurial talent to ensure high-level competitiveness and job creation in the rapidly changing global scenario.

The documentary film captures the 'silent entrepreneurial revolution taking place in the changing Communist country'. “Businesmen are the new icons in Communist China'', he said adding that Chinese entrepreneurs are poised to dominate many of the leading industries of the 21st century to the detriment of the rest of the world's jobs base.

China's investments in entrepreneurial infrastructure dwarf India's, America's and European Union's", said Mr Crompton who uses the metaphor of a popular TV reality show `Win in China' to tell the story.


Executive Producer of  Win in China-The Movie, Robert A Compton and CEO, Flatworld Technology,  Suresh N Murthy at a press conference on the launch of new documentary `Win in China, in Bangalore on  Monday 

 

Shot over a period of two years, the documentary through the reality show (that has nearly 120,000 entrepreneurs compete for prize money in excess of dollar five million with the winner receiving nearly dollar 1.5 million to invest in their new business plan) captures how the show was an opportunity for government to educate and motivate entrepreneurs.

“Entrepreneurship in China is not accidental as it is usually in US and India.It is a deliberate and intentional effort by the government'', Compton said adding that the world's most lucrative business plan competition is being held not in the United States or in any Western country, but in Communist China.

The pro-active measures taken by the Communist regime in China by investing heavily in entrepreneurial assets had resulted in that country forging way ahead of other nations in creating the most entrepreneurial economy on the planet.

The leaders in the politburo, mostly trained as engineers, determined in the 1990s the only way to absorb the more than 20 million new workers entering the Chinese economy in the decades ahead was to turn China into the most entrepreneurial economy, Mr Compton said during his road-show.

Outlining the success stories of entrepreneurship in China, Mr Compton said the economical miracle initiated by Deng Xiaoping in 1978 and pro-active measures taken by his successors had led to the establishment of large number of companies through direct foreign investment.

He said the leaders in the Politburo,the highest policy making body in China, mostly comprising trained engineers, decided in the 1990s that the only way to absorb the more than 20 million new workers entering the economy in the decades ahead was to turn China into the most entrepreneurial country on the earth.

Vishwa Hindu Parishad (VHP) International President Ashok Singhal on Sunday appealed to the people to boycott China made goods in protest against their alleged support to the Maoists, who were engaged in a battle to subvert democracy in the country.

VHP leader on Sunday said Mr. Singhal the people should boycott china made goods to put pressure on the communist country to refrain from supporting Maoists in India.

Also read

VHP calls for boycott of China goods

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John Louis, India Nov 17, 2009
China is the worlds next super power, if it is not already there.

India better build better transportation to China through the north east to leverage on the economic opportunities that would abound.

China will let Asia take centre stage on the world and India should not let this opportunity pass it by being fixated on the debt ridden, sinking US.
A.S.Mathew, USA Nov 17, 2009
Work creates wealth, and wealth creates
power and dominion. Take an average
employee in India: out of his or her
8 hours job, actually they won't work even four hours.

Whereas in China, those people work like there is no break in work. Work has became a religion for them, and their productivity may be three times that of an Indian worker. A nation with millions of hard working people, both young old create a massive wealth. According to the economic
prediction, within 20 years, China is going to take over the U.S., as the richest country in the world.

This economic miracle happend within a
short span of 35 years. Perhapas, India can learn some very important lessons from China "how to work and get rich". As Mr. Putter Dinest has mentioned, it is time for India to see reality and take some drastic actions by shaking off some of the old stigmas and political ideologies of strikes and class war. In China, they have less freedom to talk (I don't agree with that at all), but in India, we have too much freedom to talk but less
work is done. Now, see the ultimate outcome!
Puttur Dinesh, USA Nov 17, 2009
Singhal should be given a free dvd of this documentary, freedom start with economic freedom Mr Rao, Indians are still stuck with their age old ideology of castism and regionalism.
Time to wake up and compete with China.
K.RAO, India Nov 17, 2009
What about the freedom of speech and press in China? Are the entrepreneurs allowed to freely deal with foreign currencies without Government control?
No! The foreign exchange is directly going to govt controlled export agencies and the entrepreneurs are issued equivalent Chinese Yuan once the transaction is completed. Further China does not allow flow of foreign currrency out of the country by any individual freely, only after getting the nod from Govt.
 
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