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China is a leading economic power of the world. It has made tremendous progress in the last three decades. The slow transformation of the communist power to an engine of economic growth is remarkable. The business environment in China is not similar to the environment in Europe or USA. The dynamics of Chinese emerging economy are different as compared to developed economies. The role of the government is pivotal in promoting entrepreneurship in a country. The Chinese government has realized this fact and plays a vital role for the development and sustenance of entrepreneurship. The aim of industrial zones is to target certain sectors of the economy. Such industrial zones attract angel investors and also act like incubators. Chinese entrepreneurs are more willing accepting risks and are mobile as compared to non-entrepreneurs. Entrepreneurship is mainly carried out by the private sector, but successful entrepreneurship is about public and private sector partnership. The study is the first of its kind and further research is required in this area.