Why do business bosses in Hong Kong not retire

Every year in October to participate in the China Boulder Group International Conference on Glass fiber, there are always a lot of feelings: from corners have different color, use different language guests gathered in Zhejiang Tongxiang, a small county seems to become an international metropolis, and in the Boulder Group Square, in dozens of countries with the flag, surrounded by　　In the eyes of thousands of guests at home and abroad, the flag of the People's Republic of China in the country's singing solemn rise, this situation, we really for the great Stone Group for the country and feel proud. This year even more so.　　After the financial crisis, more than 70 countries to participate in the annual meeting, the number of people even more than last year.　　Originally worried about the lack of popular stone group President Zhang Yiqiang excitedly said: "It seems that the financial crisis really fast past!" The world economy is starting to rebound.　　More scholars, entrepreneurs concluded that: the financial crisis for China and Chinese enterprises, is a rare good opportunity.　　Of course, it is not easy to seize this opportunity, and more and more tests are still behind.　　Fang Tai Group chairman Maorixiang loudly called: The succession is not as bad as the financial crisis!　　In a recent press conference at the 2009 International Family Business Forum held in Shanghai, Maorixiang put forward that the whole society has not paid enough attention to the succession of private enterprises. He said that at present, most of the first generation of Chinese entrepreneurs have been 55 years old-65 years old.　　The next 10 years will be the peak period of succession of Chinese family enterprises. According to international practice, only 30% of family-owned enterprises can succeed, that is to say, in the next few years, 70% of China's 5 million family companies are likely to be eliminated.　　How big a crisis it is!　　Therefore, Maorixiang that cultivating the second generation is not only the responsibility of a generation of entrepreneurs, but also the responsibility of the whole society, especially the government.　　Since this year, some local party committees and governments have begun to include the training of successors of private enterprises in the work plan, which is a good start.　　In his experience, the family heritage is also a private enterprise transformation, upgrading, transformation process, the successor training, choice is good, the second generation can be more than a generation, enterprises can also be more healthy development.　　A reporter asked: we are not advocating private enterprises to go out of the family system, how to understand this?　　Maorixiang replied: "We speak of the family business, is open Modern family business, rather than the traditional sense of pure family owned enterprises." Modern Family business, family control and modern corporate governance can be organically unified.　　This is also in line with the current environment and Chinese cultural tradition of the ideal choice.　　Indeed, in China, the concept of family is deep-rooted.　　Recently, we went to Hong Kong to visit Mr. Shau of Henderson Group.　　Mr. Li is 80 years old, can still serve as the Chairman and general manager of Henderson Industry, which makes me a bit of a surprise.　　Of course, Mr Li is ears, with a clear mind, a steady walk and a pretty good body.　　Then look at the Yangtze River industry, Li Ka-shing, New World Tung, Guo Brothers Kuok and so on, despite the old age, but are still active in the business sector. Why do they not like Microsoft's Bill Gates to retire early? I'm afraid so.What we need to analyze and study.　　We can not simply say that this must be good, that must be bad;　　Some of the mainland business executives said that the 50-year-old, 60-year-old to retire, but in fact it is difficult to do.　　Mr. Maorixiang has been committed to the establishment of the Modern Family business practice, but also founded the "Inheritance of the succession of the school", the Chinese professional training to cultivate the successor of private enterprises, while holding the China International Family Business Forum.　　This year's forum, Maorixiang invited the "Zhejiang Business" magazine, Relay China Elite Association to participate in the host.　　We hope that the forthcoming 2009 International Family Business Forum, to be held on November 8, will bring real help to the inheritance and second-generation cultivation of Chinese private enterprises.　　This issue of "special planning" is a very interesting topic (also related to the proposition of the family business): Zhejiang Taizhou Government to change the past "inaction" approach, vigorously promote private enterprises to change the situation of a single, and the city's civilian economy accounted for less than 60%. Is this a good way to succeed? (See this issue: "Taizhou private enterprise reform controversy")