The 2020 Entrepreneur of the Year (EOY) China Awards Program was launched in Shenzhen, Guangdong province on July 29, and is now accepting nominations. The EOY program is organized by Ernst & Young (EY), the global business services provider. 

This year's award, themed "Know Your Challenge. Go Far and Beyond," aims to recognize outstanding Chinese entrepreneurs who aspire to upgrade their skills, innovate, and shoulder social responsibility during the COVID-19 outbreak. 

The COVID-19 outbreak in 2020 has taken its toll on industry and supply chains around the world, while its impact on market demand is unparalleled. 

"While it remains uncertain if the outbreak will be contained in the immediate future," said Jack Chan, chairman of the Ernst & Young member firms in China and EY Greater China Regional Managing Partner. "The trends that emerged from the consumer and business level have given rise to a new business landscape and will have a lasting impact on global economic growth and socio-economic development."

He said Chinese entrepreneurs has served as a driving force in overcoming challenges. With innovation, perseverance and optimism, plus strong commitment, entrepreneurs have contributed to the stable development of the economy and society amid the crisis. "They are a crucial part of China's economic resilience and the embodiment of unity." 

During the webcast opening ceremony, former winners of EOY China Awards, judges, senior executives of the platinum sponsor, Credit Suisse and EY discussed the economic impact and entrepreneurs' response under the threat of COVID-19 around the theme "Know Your Challenge. Go Far and Beyond". 

The EOY Award, one of the world's most prestigious business accolades for entrepreneurs, was created in the United States in 1986 and entered China in 2006.

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