Study: Women en­trepreneurs more suc­cess­ful

China Daily (Canada) - - NEWS CAPSULE -

Busi­nesses started by China's fe­male en­trepreneurs are more likely to suc­ceed than those of their male peers, a new study has found.

The re­port, on en­trepreneurs age 35 and un­der, was re­leased by the Min­istry of Hu­man Re­sources and So­cial Se­cu­rity and mi­cro­fi­nance com­pany Cred­itEase.

It also found more men start busi­nesses, with about 60 per­cent of the 5,981 en­trepreneurs sur­veyed be­ing men.

Yet re­searchers found more women ac­tu­ally sur­vive in business. Com­pared with a sim­i­lar study last year, they said 69 per­cent of fe­male en­trepreneurs had suc­ceeded, 3.1 per­cent­age points higher than their male peers.

Bao Chun­lei, a re­searcher at the In­sti­tute of La­bor Sci­ence who wrote the re­port, said fe­male en­trepreneurs’ success came from be­ing more cau­tious.

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