A Study Of Challenges And Solution Of Chinese Family Enterprise

In main China, thanks to the reforming and opening policy, Chinese economy is unprecedently vigorous therefore, private economy is developing rapidly and it plays an important role in the national economy. As the private economical organization, the number of family enterprise is increasing at a high speed. And most of private enterprises are family enterprise or take the management pattern of family enterprises.Today, family enterprise is one of the main and most prevalent enterprise style in the international society. It is said that 80 percent of all enterprises is family enterprise in the world nowadays. In Europe, the family enterprise holds some famous brands such as Pierre Cardin, Yves Saint Laurent. In America, it has a history as long as its nation. Such as Johnson, Ford, Wal-Mart, Dupont, Motorola, Disney and so on. Some of these enterprises are developed from family enterprise. Others are original family or run by inheriting families. In Asian, affected by the thought of Confucian school, it is much common for family enterprise to exist. Panasonic in Japan, Modern in Korea, four financial groups in Thailand and Chang Jiang Industrial Group are run by family enterprise.In the light of the constant promotion of private enterprise in Chinese economy and the leading role of the family enterprise, it becomes pressing how to lead Chinese family enterprise to develop healthily. This thesis points out the advantage and disadvantage of family enterprise through studying the specific environment of formation and developing process. And it analyzes the factors of restricting its development as well as the chance and challenge which WTO has brought to Chinese private enterprise. Therefore it puts forward that Chinese family enterprise should develop on the basis of the following strategies: perfecting the market environment, setting up the corporation system, carrying out the socialization and pluralism of property right, establishing correct strategies, valuing and attracting qualified personnel, giving full play to the governmental function, etc.