Tips for heirs to family businesses

Beijing International MBA (BiMBA) at Peking University, the Bank of China and Beijing Youth Daily have launched a training program targeting the successors of China's family businesses.

Providing heirs with theories and practices, the program also aims to play an active role in ensuring a successful industrial transformation.

Family businesses in China have seen much stronger growth than the global average over the past year and are bullish about future expansion, according to PwC's Family Businesses Survey.

Among respondents from China, 84 percent report growth for their family businesses over the past 12 months, compared with the global figure of 65 percent. Optimism is high with 53 percent aiming for quick and aggressive growth over the next five years.

New technology concepts arrive in Shanghai	3D printing wows at Wuhan Optics expo