00:00As the first decade of the 21st century comes to a close, the world's largest, most lucrative business plan competition is held, not in the United States or in any Western country, but in Communist China.
00:15I was surprised when I heard that a Donald Trump-like capitalist reality show was being proposed for CCTV. After being in China for even a couple of months, it seemed to me entirely natural. I wasn't surprised at all. I was wondering why there weren't more such shows.
00:31Beyond the 1.3 billion Chinese, the competition goes largely unnoticed in the rest of the world. 120,000 entrepreneurs compete for prize money in excess of 5 million U.S. dollars.
00:45Chinese society has changed and has created a whole new ethic, a whole new value system, a whole new way of living, and a whole new set of aspirations for the Chinese people. As Deng Xiaoping said, let some people get rich first.
01:01The top winner will receive nearly $1.5 million to support their business plan, highlighting the explosion of entrepreneurial activity in Communist China and marking a revolutionary change in philosophy in the most populous nation on Earth. And this time, the revolution will be televised.
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