Chen was born in July 1968, during the
Cultural Revolution, where agricultural conditions were poor. His brother and sister starved to death, and, at the age of 10 years, Chen began supporting his family by selling water in the local village. Chen managed to earn a daily profit of 0.3
yuan (US$0.04), which was equivalent to nearly half of an adult's daily wages at that time. Chen claimed in a 2009 profile for the
Beijing Review that he paid for his own tuition, as well as making tuition contributions to help other children in his village, with the money he earned. At the age of 13 years, Chen began selling frozen food products and then started a "foodstuff" business at the age of 17 years. Chen commenced studies at the
Nanjing University of Chinese Medicine in 1985 and, after graduation, he worked at the No. 2 Hospital affiliated with the university, Jiangsu Academy of Social Sciences, and then Hongguang Medicine Company in
Nanjing. In 2003, Chen enrolled at the business school of
Nanjing University, earning an
MBA degree in 2005. He also studied at the
Guanghua School of Management of
Peking University. ==Career==