The report provides an overview of the social enterprise and impact investment market in China with a view to promoting policy formulation for the development of the Chinese social sector. At the inaugural Hong Kong Social Enterprise Summit held in December 2007, the then-Chief Executive of Hong Kong Sir Donald Tsang Yam-kuen pointed out that “the distinguishing feature of social enterprise is to use entrepreneurial thinking and business strategy to achieve societal goals.” In recent years, Shanghai, Guangdong, Shenzhen, and other areas in China’s coastal provinces have begun to see local experimental social enterprise incubators, supported by their local governments’ exploratory first steps. The report is aimed at reflecting the current situation of Chinese social enterprises and creating an ecosystem that supports the healthy development of Chinese social enterprises by increasing societal attention and resource allocation, and promoting the creation of policies related to Chinese social enterprises. Social enterprises are a product of the times, and China is currently in its ideal growth stage. Ten years from now, social enterprises are believed to become a core strength of Chinese society.
©2021 Asian Venture Philanthropy Network | AVPN is registered in Singapore as a charity (UEN 201016116M)