A Chinese student-entrepreneur-led proposal Evercise won a £110,000 award at the UK CTC Entrepreneurship Award on 11th May in London.
Chinese investment in the UK is heating up and investing in UK is no longer the exclusive territory for the seasonal businessmen or large corporates. Five Chinese young entrepreneur groups battled it out in a tense final after winning through two previous rounds against hundreds of competitors in the last two months.
Dr Kegang Wu, who represents BCC LinkToChina, was among the judges in the final, encouraged more young Chinese entrepreneurs to set up businesses in the UK and offered support. The final and his post-award comments can be viewed on Youtube and PropellerTV which is a Chinese invested company and free on Skye 189.
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Chinese investment hotting up in UK