Zhejiang

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Zhejiang ??
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Introduction to Zhejiang

• Above is paradise, below is Suzhou and Hangzhou
  (the capital of Zhejiang)
• A population of 47.2 million.
• Zhejiang has thousands of years history
• Create a huge amount of wealth by its
  entrepreneurial spirit

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History Culture

• The capital of Song Dynasty
• Between 960 and 1279 year
• Famous for
• Classical Poem
• Seal Cutting
• Silk
• Tea
• Yue Ju Opera
• Beautiful Scenery

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West LakeLotus in Quyuan Garden
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West LakeSunrise at Su Bridge
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Wu zhen
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Xueyan Hus famous houseMost famous businessman
in the Qing Dynasty. Built house in 1872
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A billionaires house133 years of history
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A billionaires house133 years of history
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Ling Yin Temple
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Ling Yin Temple
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Yue Ju Opera
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Yue Ju Opera
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Business in Zhejiang Province

• Zhejiang is one of the richest provinces
• Revenue from private firms accounts for more than
  70 of Zhejiangs GDP
• The Yangtze river delta includes Hangzhou,
  Shanghai, Suzhou
• Accounts for over 20 of Chinas GDP
• Handles 1/3 of Chinas import and export.

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Mini Case Private firms in Wenzhou

• Wenzhou Another city in Zhejiang
• Population of about 7 million
• Total wealth in Wenzhou more than 125 billion
• About 25 billion civilian deposits (12.5
  billion cash)
• China government limits its public investment in
  Wenzhou due to the proximity to Taiwan
• 100,000 medium and small private firm

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Wenzhou business model

• Cooperative and specialized family business
• Wenzhou economy is coordinated by the market
  trade among different firms
• Current trend of Wenzhou economy
• Grow medium sized firms into monster firms
• Keep the vigor of small family business within
  monster firm
• Optimize the resource allocation through the
  large-scale firms
• Build famous brands
• Establish national and international distribution
  channels

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Modern Zhejiang
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Hangzhou beauty
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Hangzhou beauty
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Shopping

• Silk (scarf, clothing, etc)
• Craftwork
• Green Tea
• Food

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Silk Artwork
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Silk Clothing Embroidery
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Silk Scarf Other Silk Products
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Hangzhou Cuisine

• Fresh, delicious, a little bit sweet, not spicy
  affordable
• Recommendation
• Zhi Wei Guan Restaurant with over a hundred
  years of history

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Thanks

• Questions?