20 to 40-Yr-old Women Become Main Entrepreneurial Force in Tianjin

June 20, 2018
Editor: Wang Haixia

At the end of last year, Tianjin Women's Federation and the Tianjin Municipal Social Science Research Institute commissioned the Tianjin Municipal Institute of Science to conduct research on social support for women's entrepreneurship in Tianjin.

Research results released recently show that women in Tianjin have a strong enthusiasm for entrepreneurship. Women aged 20 to 40 are the main force. Nearly half of female entrepreneurs earn 200,000 to 500,000 yuan each year.

According to the survey data, female entrepreneurs tend to be younger, and women aged 20 to 40 have become the main force for entrepreneurship, of whom 52.22 percent are women aged 20-30 and 35.15 percent are 30-40 years old.

Above 70 percent of the entrepreneurs had college education, and 8.79 percent were new graduates. Many women left private enterprises and established new undertakings, and those who started businesses after leaving public institutions and State-owned enterprises have gradually increased.

More than 50 percent of respondents agree that the main form of entrepreneurship is establishing a company or private shop.

Self-realization has become the biggest motivation for women's entrepreneurship. Nearly 60 percent of women choose to start their own businesses, which is higher than the proportion starting businesses with relatives, friends and colleagues.

In terms of entrepreneurial options, the service industry is most favored by women, chosen by 40 percent of all entrepreneurs, whilst about 10 percent chose the education industry. The IT and internet-related businesses are also booming.

The source of funds for women's entrepreneurship is mainly family savings. Female entrepreneurs work 40-50 hours per week. More than 80 percent of respondents agree that women exert more efforts than men when starting a new undertaking. More than 50 percent of respondents believe that women share the main burden of a family and this is the reason why there are more male entrepreneurs than women in modern society.

(Source: Metro Express/Translated and edited by Women of China)

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