In recent years, a handful of Chinese entrepreneurs have set up companies that use legitimate business models to tackle some of the country’s most vexing problems — and also turn in a profit. As these early experiments show, social innovation — or using business models to solve social and environmental problems — requires a fundamentally […]
CSR in China: Domestic enterprises outshine MNCs
Globalization has increased awareness of, and controversy over, corporate social responsibility (CSR) around the world. China is certainly no exception. Encouraged by the country’s economic reform in 1978, and later, by its accession to the World Trade Organization (WTO) in 2001, multinational corporations (MNCs) flooded into the Chinese market. With them, they brought not only […]
A Nation of Provinces
In March 2011, Jiuquan’s Municipal Energy Bureau issued a set of regulations imposing “construction requirements” on wind energy firms. Companies that failed to buy local equipment, the notice said, would no longer be able to do business in the area. In response, China’s National Energy Board (NEB) issued a statement banning Jiuquan officials from “requiring […]
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