Path of Hope

Author: Jiang Niantao
Publisher:
Publish Date: 2005-01-01
Features: In the 1980s, four brothers from Liu Family in Xinhui County, central Sichuan, stepped out to make a mark. During China's great reform and opening-up process, they created a series of "firsts":
"Quitting their government jobs to venture into the business world."
"Developing independently-owned intellectual property products to compete with foreign companies."
"Establishing a private enterprise group."
"Having private enterprise groups participate in the restructuring of state-owned enterprises."
"Large-scale private capital investing in western poverty alleviation projects."
"Private capital entering the financial industry through multiple channels."
"Private capital entering the heavy industry sector."
The Liu brothers were not only pioneers of the private economy in mainland China but also long-term leaders. Since Forbes began ranking China's wealthy mainlanders in 1994, they have consistently been among the top, and they have twice topped the list in 1994 and 2001. This is almost unparalleled in mainland China.
This book attempts to trace the entrepreneurial journey of Hope Group against the backdrop of reform and opening-up, delving into the wisdom of the Liu brothers, providing a reference for private economy entrepreneurs and a thought-provoking case study for researchers and policymakers. May more runners emerge behind and alongside the leaders, competing together toward a brighter future of common prosperity.