As China's economy continues to boom, Chinese people are being
given more opportunities to pursue success and wealth.
And even foreigners are eying the fast-growing country for
business opportunities.
Zheng Zhong, a businessman in the booming southern city of
Shenzhen, spent a decade making his dream come true. He has turned
his small studio into a design and engineering company that records
an annual revenue of 400 million yuan (US$49.3 million).
In 1993, he gave up his job as a lecturer at Guangzhou Academy
of Art, a leading art school in China, and ran a studio with two
classmates in Shenzhen, China's first special economic zone, where
economic growth rocketed
"It wasn't an impulse decision. I wanted to do something more
exciting and be faced with more challenges, so I quit my job and
set up my own company," Zheng recalled.
It was a prime time in Shenzhen, which was quickly transforming
from a small fishing town into a modern city, due to the country's
incentive reform and opening policy. They employed several young
designers and rented a hotel room, where they worked day and
night.
Their luck turned around in 1996, when he won the first big
design and engineering bid in Changzhou of Jiangsu Province, for a
State-owned bank.
The million yuan project generated his first big fortune, and he
quickly expanded his business and registered two companies, Asian
Time Engineering (HK) Ltd, and a design company in Hong Kong in
1999.
The talented interior designer, in his early 40s, is still
leading his 15-member design team, including six overseas designers
from Hong Kong and Singapore.
He said the government had created an open and innovative
environment over the years, which has attracted a pool of talent
from other mainland cities to refresh the local interior design
industry.
The Shenzhen municipal government launched the idea of turning
the city into a "Metropolis of Design" in early 2004. "Shenzhen
designers have since earned a reputation for top quality work,"
Zheng said.
He suggested the government promote more international exchanges
between the local interior design industry and their foreign
counterparts and further regulate industrial discipline to ensure
fair play.
Like Zheng, Simon Stokes, an experienced financial services
consultant from Australia, moved to China four years ago to achieve
his career ambitions.
At that time, Simon had just completed work on a consulting
assignment for a multinational financial institution in
Singapore.
Then on September 11 2001, the World Trade Center tragedy
occurred in New York, which caused a damaging domino-effect on the
world economy, including the consulting business.
With many full-time managers anxious about their own jobs, it
was not surprising that consulting opportunities dried-up quickly
in Singapore and other Western countries in the aftermath of the
September 11 terrorist attacks. Simon had to find a new place to
move to continue providing his professional services. And China was
his number one choice.
"I had been thinking about China since 1999 as I felt the
country could provide many worthwhile opportunities with its entry
into the World Trade Organization. My commercial focus is providing
consulting services to financial institutions in China and Asia. So
Shanghai as China's financial services centre was an obvious place
for me to live and work".
Simon started fairly slowly. It took him almost two years to
begin to understand Chinese business culture and build-up his
network of key contacts.
Gradually his efforts are paying off. The first deal came from
Hong Kong. A big European global financial institution engaged him
to provide professional advice to its offices in Hong Kong and
Taiwan.
Now Simon has established himself as a sought-after financial
services consultant in Shanghai. His clients include foreign
government offices, financial institutions and multinational
companies.
"Working in China is enormously interesting and rewarding; I
travel extensively and my time is satisfyingly full," he said.
Shanghai is a magnet not only to overseas professionals like
Simon Stokes who are now pursuing successful careers in China, but
also to thousands of foreign companies keen on expanding into the
growing China marketplace.
(China Daily April 3, 2006)