LONDON, April 29 (Xinhua) -- Four business plans have been selected as finalists in the 2010 China-UK Entrepreneurship Competition in the semifinal held at the Queen's University Belfast on Thursday.
A later semifinal to be held at the University of Lancaster is expected to produce another four winners. The eight teams will then compete in the final competition scheduled to take place in June.
The entrepreneurship competition, which is in its third year, encourages links between China and Britain and is open to those involved in new business ventures.
Yu Xiong, director of the competition's organizing committee and a lecturer at Queen's University Management School, said, "This is the only event of its kind that is supported by universities and authorities from both China and the United Kingdom."
"Doing business overseas can be daunting for many entrepreneurs, but this exciting program aims to promote opportunities that exist and highlight potential business leaders of the future," Yu said.
Richard Harrison, director of Queen's University Management School, is delighted that this event has forged such strong links. "We are pleased to be working with a number of leading UK universities and the Chinese authorities in this exciting competition," Harrison said.
The entrepreneurship competition was organized by the China Innovation and Development Association and its partners from both Britain and China.
