Family Business Second Entrepreneurship

Author: Jiang Tiezhu
Publisher:
Publish Date: 2006-01-01
Features: Broadly speaking, the family enterprises in China since the reform and opening-up can be seen as a vivid history of China's economic system transformation. However, so far, there have been few monographs that systematically analyze family enterprises in China. Professor Jiang Tiezhu's 300,000-word book, "Family Enterprise's Second Entrepreneurship," is clearly of significant weight. The author explores the path choices for the transformation and evolution of China's family enterprises from the political perspective of building a moderately prosperous society in all respects. Through the prosperous appearance of over 30 million private enterprises, with the most dynamic 200,000, and annual growth rates in various economic indicators exceeding 30%, as well as the situation where private enterprises have become the main source of fiscal revenue in some regions, the author calmly observes that Chinese family enterprises face severe challenges in their growth.