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China: Around The Nation

Young Chinese entrepreneur lives in converted double decker bus after selling flat to fund start-up

PUBLISHED : Wednesday, 18 January, 2017, 1:42pm
UPDATED : Wednesday, 18 January, 2017, 4:57pm

A young entrepreneur in eastern China who sold his home and moved into an old double decker bus, has transformed the vehicle’s interior into a cosy, well-decorated living environment, mainland media reported.

The 29-year-old from Hangzhou, in Zhejiang province, sold his apartment to free up cash for his business, the Qianjiang Evening News reported.

The man, a modern art graduate from a French university, returned to China in 2013.

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Eager to start his own business installing art and sculptures, but lacking seed capital, he decided to sell the 100 square metre apartment that his parents had bought for him – without telling them about it.

His parents had provided 1 million yuan (HK$1.13 million) as a down payment for the flat and he was paying off a monthly mortgage of 4,000 yuan for it.

The young man used the money from the sale to buy the old public bus for 8,000 yuan, which he has converted into his home and office.

He removed the engine of the vehicle, which sits in a parking lot, and added a bedroom, an office, an open kitchen and a bathroom inside the bus, which has a floor area of less than 30 sq metres.

“The most satisfactory design [in my bus home] is the furnace, which makes the bus very warm once a fire has been lit,” the man was quoted as saying by the newspaper.

Work to renovate the bus took him a month and cost about 200,000 yuan, he said.

His parents accepted his idea after finding out about what he was planning, the report said.

The man’s father, an engineer, had helped to fix parts of the old bus, while his mother had made curtains for the windows.