Shunde’s 40 Years

Dec 06-2018   

Two Fortune 500 corporations; 23 listed companies; and over 40 companies each with annual turnover of 1 billion yuan. This is the economic achievement of Shunde, once a small county and now a district of southern Foshan City, Guangdong Province, as China celebrates 40 years of reform and opening-up this year. “Why Shunde?” BiMBA Dean and Professor Chen Chunhua and her co-authors set out to address this question and many more in their new book Shunde’s 40 Years. During a forum on China’s economic development at county level, Prof. Chen said Shunde deserves research in five aspects: Transformation of the government’s role; Clarification of the protection for property rights; Driving force of leading enterprises; Respect for market rules; And the spirit of daring to be the first.