Wednesday, August 26, 2015
The Rapidly Developing Family Firms Could Be A Good News to China's Economy
ANBOUND
According to a report published by Credit Suisse, the rapidly developing family owned firms in Asia is the key drivers of economic growth. The Chinese family firms in industrial sector have outperformed their peers in other countries.
Anbound's scholars point out that, overall, the rapidly developing Chinese family firm is the trend worthy of recognition.
The family firms place great emphasis on property right system and marketization development. If the Chinese family firms could grow into a large scale of competitive companies, this will be conducive to the transformation of economic structure.