Achieving Growth through Innovation - Ernst & Young - China

Achieving Growth through Innovation

4 November 2011, Beijing, Shanghai and Hong Kong - Ernst & Young today announces 13 Ernst & Young Entrepreneur Of The Year 2011 China (EOY 2011 China) winners, in recognition of an outstanding group of business leaders who have inspired others with their vision, leadership and achievements. These winners will be presented at an awards gala to be held this evening in Beijing. In addition, Ernst & Young will announce the Ernst & Young Entrepreneur Of The Year 2011 China country winner.

Ernst & Young Entrepreneur Of The Year China (EOY China) is in its sixth year. EOY 2011 China has selected 13 entrepreneurs as category winners, drawn from a diverse range of industries, comprising emerging industries, clean technology, consumer products, industrial products, services and technology, recognizing their achievements through innovation, their drive for business growth and the positive contributions  they have brought to their industry and in the community. 

Albert Ng, China Chairman and Greater China Managing Partner of Ernst & Young, says,” On behalf of Ernst & Young, I would like to congratulate the winners of this year’s Entrepreneur Of The Year China awards on their exceptional achievements. Ernst & Young values entrepreneurship. We are a leading brand for entrepreneurial companies and we understand that being innovative is an indispensable quality for any successful business. This year’s winners have inspired us by showing us how innovation can be turned into a growth driver, which has benefited us a lot. Today, as we celebrate the magnificent achievements of our winners, I am more convinced than ever that in this fast changing business environment, innovation is not just about the Next Big Thing. It is more important to assimilate innovation into the culture of a company and make it part of the strategy that contributes to the sustainable growth of the business.”

Joe Tsang, Ernst & Young Entrepreneur Of The Year 2011 China Co-Chairman, says, “China is an important powerhouse of the global economy, with the efforts and wisdom of Chinese entrepreneurs acting as important pillars of this growth. Their drive to innovate and their persistence in achieving success have played a significant role in China’s global expansion. Their innovation gives their companies a competitive edge in the fight for market leadership. We believe that you will be enlightened by the success stories of this year’s winners - they have the courage to innovate and explore new horizons and act upon their competitive instincts. ”

Terence Ho, Ernst & Young Entrepreneur Of The Year 2011 China Co-Chairman, says, “Innovation means turning technology and ideas into new products, and developing business processes and services that enhance value, thereby accelerating the kind of economic growth that raises living standards. This award program has given us the opportunity to meet with many outstanding entrepreneurs in mainland China, Hong Kong and Macau. We are impressed with their drive and abilities, their adventurous spirit in exploring uncharted territories and their persistence in achieving success. What is even more significant is the number of people they inspired and motivated in the process of their achievements.”

The theme of this year’s Ernst & Young Entrepreneur Of The Year China awards program is “Achieving growth through innovation”, aiming to encourage more entrepreneurs to develop new products, expand into new markets and explore new horizons with wisdom and innovation, to make the world a better place by inspiring generations of entrepreneurs and creating more material and spiritual wealth.

Paul Chow, former Chief Executive of Hong Kong Exchanges and Clearing Limited and Judging Chairman for the Ernst & Young Entrepreneur of the Year 2011 China awards says: “Entrepreneurial spirit involves creativity and innovation to achieve one’s mission.  It brings benefits to the individual, the company, and the society. The winners of EOY 2011 China fully demonstrate these characteristics. They are very dedicated to their work. They are not afraid of failure, they are passionate and diligent. I take great pleasure in offering my heartfelt congratulations to all the entrants on their achievements.”

The Ernst & Young Entrepreneur Of The Year China 2011 Award Winners are:

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About Ernst & Young Entrepreneur Of The Year®
Ernst & Young Entrepreneur Of The Year® is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in 50 countries.

About Ernst & Young
Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.
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This press release is issued by Ernst & Young, China, a part of the Ernst & Young global network.