Shanghai: The much-publicized "zero down payment" college student boss phenomenon has come to an end.

by shipatrioc on 2009-03-19 16:03:15

Li Wenhuao told the reporter about some difficulties and twists encountered in the process of starting a business, "Take opening a corporate account for example, I went to many banks, and finally got it done." Li Wenhuao expressed that, "the 'zero down payment' policy issued by the Administration for Industry and Commerce is just the first step of a long march, there's still a long way to go after that."