Business
15:19, 02-Jun-2018
Britain’s Prince Andrew is optimistic about China’s entrepreneurial drive
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Britain's Prince Andrew, the Duke of York, expressed optimism for China's entrepreneurial drive when he spoke to CGTN at the second "Pitch@Palace China" held in Beijing on Friday.
The activity, founded by the Prince, aims to recognize the profound role that entrepreneurship is playing and will play in the economic world. Prince Andrew has seen entrepreneurship rise significantly in China, noting that it’s important that China’s government encourages people to think in entrepreneurial ways.
Britain's Prince Andrew, the Duke of York, attends the second "Pitch@Palace China" in Beijing, China, June 1, 2018. /CGTN Photo
Britain's Prince Andrew, the Duke of York, attends the second "Pitch@Palace China" in Beijing, China, June 1, 2018. /CGTN Photo
He attributed this boom to China’s huge domestic market, “which probably is quite happy to be disrupted into numbers of different entrepreneurial ways.” Meanwhile, Prince Andrew appreciated the country’s efforts to create positive conditions for entrepreneurs to “prosper”, such as increasing investment in the area and raising incubator spaces.
Besides this, the British aristocrat said he hopes that competition within the field will boost cooperation in science and innovation between the two countries.
(CGTN’s Xie Xin and Wang Yue also contributed to the story.)