Competition encourages youth entrepreneurship and innovation

The final and award ceremony for the second Guiyang Cross-border E-commerce Youth Entrepreneurship and Innovation Competition took place in Guizhou Shuanglong Airport Economic Zone on Oct 25.

The final and award ceremony for the second Guiyang Cross-border E-commerce Youth Entrepreneurship and Innovation Competition take place in Guizhou Shuanglong Airport Economic Zone on Oct 25. [Photo/WeChat account of Guizhou Shuanglong Airport Economic Zone]

The final was held in a roadshow format, with 15 participating teams selecting a product from the Guizhou product library provided by the competition organizers, customizing an overseas strategy for it, presenting and explaining their strategies, and engaging in a Q&A session with the judges.

Following intense competition, the team from Guizhou Minzu University emerged as the champion, while the team from Guizhou Normal University and the team from Guizhou Vocational Technology Institute secured second and third place, respectively.

The champion, runner-up, and third-place teams not only received entrepreneurship and innovation support funds of 20,000 yuan ($2,805.43), 15,000 yuan, and 10,000 yuan, respectively, but will also be able to obtain free usage rights for overseas warehouses, along with cross-border e-commerce certificates accredited by the departments of commerce, human resources, and education.