Tuesday, February 02, 2016
Eventually, China Needs Substantial, Influential Private Enterprises
ANBOUND
In recent years, the economic development in China faces one "lesson", that is, when the state-owned enterprises fail, the Chinese government could not find an alternative from the private enterprises to provide the much needed new support to the nation's economy.
ANBOUND’s research team believes that in order to provide robust support to China’s economy, it is crucial that we should develop various economic entities and in particular, we should have “influential” private enterprises.
Eventually, the development in Chinese market will need a large number of private enterprises that are not only big in size but also have business ethnics and corporate social responsibility which should not suffered from non-market risk due to their “profound influence”.