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Information Economy in Jinhua
Post Time:27/05/2017 Browse Number:

  Young people today are known for their quick wits, abundant ideas, and enquiring minds; thus, aninformation economy is exactly the type of economy in which college students might thrive. Therefore, Jinhua has developed an information economy and a good environment for entrepreneurs working in science and technology, as these are some of the best ways to attract young people to a city.

  Jinhua Biqi Networking Technology Co., Ltd. (Also known as the 5173), a leading network-technology company in Jinhua,is a good platform for young people. We have over 1000 employees, the average age of whom is26,” said Shu Ning, Director of Human Resources of the 5173. Web-based companies pay great attention todevelopment and innovation, and the progress that the 5173 has made in recent years is closely related to the vitality, passion, andvigor of its young team, she added.

  According to Shu’s introduction, about 37% of the employees of the5173come from other provinces, including Anhui, Henan, Hubei, Jiangxi, and Sichuan. In her opinion, Jinhua has a better entrepreneurial atmosphere for Web-based companies than central and western China, and Jinhua’s policies are superior. Therefore, many young people prefer to come to Jinhua and togather together to do innovative web-based work.

  In over ten Entrepreneurial Parks and Scientific and Technological Parks in the Jinhua Internet Lele Town,almost all of the teams are made up of young people, just like the 5173. The name of the Jinhua Internet Lele Town came from the idea of “leplusle” (Le is a Chinese character that, in English, means happiness). One “le” focuses on the ecological nature of the work, and the other “le” focuses on work and life. It is the hope that young college students and entrepreneurs can work, live, and start businesses happily in the Lele Town, making it a unique entrepreneurial town whose theme is happiness.

  In order to attract more young people to start businesses or work in Jinhua, the city createda talent-housing security system.Enterprisescompete with each other over remuneration and employee welfare, offering more preferential treatments to employees.

  In Octoberof last year, the Southern Anhui University Employment League organized exchanges regarding the demand for talented individuals among the fifteen universities and institutes of higher education of Jinhua. “We have learned a lot by visiting Jinhua. Jinhua has a good employment environment, and the Jinhua government attaches great importance to recruiting talented individuals. As a result, we feel pleased tointroduce students towork and live there,said Li Weidong, head of the league. He added that in the future, the league would promote greater cooperation between universities and enterprises, such as personnel training and personnel transport.

  Inrecent years, Jinhua has developed itsinformation economy as the most important industry among the Five Industries with RMB-100bn-Output. Jinhua has been named a China E-Commerce Business Model City, a China E-Commerce Business Entrepreneurship and Innovation City, ta National E-commerce Demonstration Base, a National Comprehensive Pilot City of the Modern Service Industry, and a National Pilot City of Information Economy Demonstration.Jinhua was also named as one of China’s Top Ten E-CommerceBusiness Cities.

  With the increasinginfluence of the information economy, Jinhua ranks No. 12 among China’s Top 20 Internet Entrepreneurship and Innovation Cities and has been named among China’s Top 100 Developed Cities of E-Commerce Business for consecutive three years.The seven countiesof Jinhua were all placed on the list of  China’s Top 100 Developed Countiesof E-Commerce for 2016, and Jinhua was the city which had the most counties placed on this list in the country.

  At present, there are 74,000 e-commerce companies in Jinhua, among which 5674 companies are involved with software and information services, and over 240 companies are related to electronic information manufacturing. The e-commerce industry has created 400,000 direct jobs and 1,100,000 indirect jobs. Organizations, includingthe Research Center of the Internet Society of China, reported that the pattern of information economy development that Jinhua adopted has become a model for small- and medium-sized Chinese cities who wish to achieve a great leap forward in the development of web-based companies. (Xu Chaohui Jinhua Daily, translated by Jin Haiqiong, edited by Xiamara Hohman)

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