Cyber biz coasts on distaff power

Liu Nan-led billion-dollar startup mia.com symbolizes new-found entrepreneurial spirit

Editor's Note: "Innovation and entrepreneurship" have become the buzzwords in China ever since Beijing decided to encourage people to set up their own businesses and invent new business models, against the backdrop of "new normal" - slower and sustainable economic growth. Startups have mushroomed, at university campuses and elsewhere, setting up a variety of businesses, including restaurants and cafes, and creating thousands of new jobs, re-vitalizing the economy, inspiring youth. In this issue China Daily records some inspirational success stories of women entrepreneurs from Beijing, Shanghai and Guangdong province.

Former stay-home mother Liu Nan, 32 years old, clearly remembers the first day in her online business of baby products on Taobao.com in 2011 as it was eventful: sales reached a stunning 60,000 yuan ($9,174).