Understanding Family Businesses in China: the Path, the Trend, and the Future Webinar

Cheung Kong Graduate School of Business joins IE Business School to cohost the webinar, Understanding Family Businesses in China: the Path, the Trend, and the Future, to launch a joint report examining the role of private familyrun enterprises and the challenges they face in the near future. Since Chinas economic reforms in 1978, huge numbers of private family enterprises have been set up and now play a major role in the economy. Many statistical sources suggests the contribution of the private sector to GDP in China has grown to at least 60 in recent years, of which 85 are from familyowned private enterprises, making a major contribution toward technological innovation, as well as creating jobs. Now, with the postpandemic economic recovery, private familyrun enterprises in China play a more significant role than ever before.