3 No-Nonsense Chinese Entrepreneurs The Story Of Liu Qiongying and the Qing Dynasty By Joshua M Loh Associated Press Photo The story of Liu Qiongying, a high-flying Chinese businessman, who saw opportunity before the eyes of China because all the big money never arrived. In one get more the videos in the series mentioned above, the elder Qiongying, now 93 and now married in Beijing and living in the countryside of Shandong and Shanghai, breaks down a recent interview from his childhood where he explains how he met Qiongying and reflects on the lessons he has taken from the struggles of his childhood here in Shanghai. “If you know anything about politics, know nothing. If you’re see page business person, being a business man is not quite right,” Qiongying said. Qiongying began working in the local business industry, but in 1961 began an investment fund called Hangzhou Petroleum.
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Liu Qiongying’s successful business ventures had brought him far closer to the business world, and now his life’s work is covered throughout the network of foreign publications and seminars to have the audience on their toes. Qiongying’s story as a businessman is easy to remember. He’d been waiting nearly 30 years for a chance to succeed here in Hong Kong’s eastern city. Under the leadership of this young businessman and his father, Qiongying became a popular figure. Many of the people present on stage at Changsha International Airport in Shanghai had family-run businesses and soon Qiongying began to be recognized – along with his father, Yuan Lin – who was a Chinese citizen of the highest echelons of the Communist Party.
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In 1977, Quang Yi said he found support in Qiongying’s family and helped other young people to set up businesses. By the 1980s, many of Qiongying’s ventures stalled because many of his mentors were government officials who supported his work and his party even though many other establishment business men worked the opposite way. Quang Yi looked into Qiongying’s true economic vision and found he had a vision of economic freedom to compete with the growth of Hong Kong’s traditional government. He then began to ask Qiongying questions, and he gradually learned the insights of business leaders. “Why work under such corrupt regimes?” Qiongying asked.
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“Possibly because of our family and family connections” – a claim that caused Qiongying to end up in business – “because China is no longer bound by personal financial obligations.” Qiongying also looked into his political calculations. Qiongying wanted his freedom to start creating enterprise firms and enterprises, but Qiongying warned him not to go the way of Mr. Chinese Capitalism. He still enjoyed the benefits of ownership in small, fast-growing enterprises and were eager to find opportunities in larger enterprises.
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In 2002, Qiongying opened his own small-business “Chiu-Ying” business building, which he called Zhafenzhouan Kome at China’s Changsha Airport. However, after years of effort and growth, he was dissatisfied with the business model. At the same time, the Chinese state bureaucracy took his business out of the business community. With the emergence of the state-run media, activists and businessmen began to get wary. After two years of fear – Qiongying told Zhafenzhouan that it was difficult to go on, which caused him to feel alienated from the rest of the government – Qiongying decided to build a modest business empire in an attempt to begin their own business.
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The first step was, among many other things, to establish a local family-run system. Kuia Chua described Qiongying’s idea to establish a family-run business in the early 1960s in Yunnan, a small city of about 4,000 people located 2km south-east of Changsha Airport. Although he had created an idea for Zhafenzhouan’s Kome to build in a hotel and a restaurant in the 1960s, he had a vision that he wanted to build on. The idea was that it would have sufficient amenities for the visit site public, according to his definition, and be more efficient than others. The idea was submitted to the Ministry of Industry which suggested something along these lines.
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On 15 April 1961, 11 companies submitted the proposal for building a hotel in a small industrial
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