3/9/17 new: BRICS plus India, Brazil, China, Russia, S Africa + Mexico Egypt Thailand Guinea Tajikstan. At China G20, China debated best multi-win ideas for 21st youth productivity - that Adam Smith or Maynard Keynes would score. ref 1 -cg A B z AIIBnews -do you konw O2O destiny

online library of norman macrae-- Entrepreneurial Revolution - the curriculum of how to value small enterprise and sustainability exponentials of the net generation - was started by alumni of Norman Macrae The Economist 1972. By 1976, Norman was clarifying why the sixth of the world (whose brand reality is) communal pride and individually passionate to be Chinese need to be valued by netgen as critical friends to uniting sustainability race for planet and humanity. More on "why china" is systematically pivotal to 21st C coming of age in sidebar. Chinathanks.com maps 1) countries joining Chinese inspired sustainability open systems solutions as well as 2) which global youth professions (eg coding) are mapping value sustaining trades with china - eg EWTP : 21st C version of Silk Road of celebrated by Marco Polo and Hangzhou goal 14 oceans AIIB 1 ted hosts -- 2017 year of mapping sustainability banking -china to commercialize 5g by 2020 -valuing culture -jack ma 1 2 e3

Thursday, January 31, 2013

2015 Hanghou G20 Summit Logo
Annex to G20 Leaders' Communiqué Hangzhou Summit
Hangzhou, September 5, 2016

Agreed Documents

The following documents agreed by the G20 support our Communiqué:

Ministerial statements

Working Group Documents

– Employment Working Group
Policy Recommendations to Enhance Employability
Sustainable Wage Policy Principles
Policy Recommendations for Promoting More Equitable and Sustainable Social Protection Systems
– Framework Working Group
– Infrastructure and Investment Working Group
MDB Response to the G20 MDB Balance Sheet Optimization Action Plan
– International Financial Architecture Working Group
– Global Partnership for Financial Inclusion (GPFI)

Supporting documents

We welcome the delivery of the following documents:
G20 Members' 2016 Growth Strategies (update), September 2016
IMF Surveillance Note
IMF Note on A Framework for Structural Reforms
G20/GIH Knowledge Sharing Report
BCBS Report to G20 Leaders – Implementation of Basel Standards
FSB Progress Report on Resolution: Resilience through Resolvability – Moving from Policy Design to Implementation
BCBS-CPMI-FSB-IOSCO Progress Report on the CCP Workplan
CPMI-IOSCO Consultative Report on Resilience and Recovery of CCPs: Further Guidance on the PFMI
FSB Discussion Note on Essential Aspects of CCP Resolution Planning
FSB Proposed Policy Recommendations to Address Structural Vulnerabilities from Asset Management Activities
FSB Progress Report to the G20 on the Action Plan to Assess and Address the Decline in Correspondent Banking
FSB Report on FSB Members' Plans to Address Legal Barriers to Reporting and Accessing OTC Derivatives Transaction Data
IMF-FSB First Progress Report – Second Phase of the G20 Data Gaps Initiative (DGI-2)
OECD Secretary-General's Reports to G20 Finance Ministers (February, April and July 2016), and to G20 Leaders (September 2016)
G20 Voluntary Peer Review by China and the United States on Fossil Fuel Subsidies: US Self-review Report
China's Efforts to Phase Out and Rationalize Its Fossil-Fuel Subsidies – A Report on the G20 Peer-review of Inefficient Fossil-fuel Subsidies that Encourage Wasteful Consumption in China
G20 Voluntary Peer Review by United States and China on Fossil Fuel Subsidies: China Self-review Report
US's Efforts to Phase Out and Rationalize Its Fossil-Fuel Subsidies – A Report on the G20 Peer-review of Inefficient Fossil-fuel Subsidies that Encourage Wasteful Consumption in US
UNIDO report on Industrialization in Africa and Least Developed Countries: Boosting growth, creating jobs, promoting inclusiveness and sustainability
ILO-OECD-WBG-IMF Report: Employment Trends and Challenges
ILO-OECD-WBG Report: Generating Adequate Job Opportunities
ILO-OECD-WBG Report: Enhancing Employability
ILO-OECD-WBG-IMF Report: Promote Decent Work
OECD-WBG-WTO Discussion Paper: Monitoring and Reducing Trade Costs
WTO-UNCTAD-OECD-WBG Discussion Paper: Interrelationship between Trade and Investment: Strengthening Policy Coherence
OECD-UNCTAD-WTO Discussion Paper on E-commerce
WTO Report on Advancing the Multilateral Trading System: Issues for Further Consideration
WTO Report on Regional Trade Agreements and the Multilateral Trading System: Further Analysis of Specific Provisions in RTAs
WTO Trade Monitoring Report on G20 Trade Measures: Possible Improvements
IMF-WBG Prospects for Global Trade
WTO Report on Trade Finance & SMEs: Bridging the Gaps in Provision
OECD-WBG-ITC Report: Towards a G20 Strategy for Promoting Inclusive Global Value Chains

Reports & Recommendations Received from Engagement Groups

Towards an Innovative, Invigorated, Interconnected, and Inclusive World Economy—B20 2016 Policy Recommendations to the G20
L20 Statement to the G20 Summit
Y20 China 2016 Communique
T20 Policy Recommendations to the G20

Acknowledgment and the way forward

We thank international organizations, including the UN, IMF, World Bank Group, WTO, ILO, OECD, FSB, FATF and BIS, for their valuable inputs and support to the G20 process. We welcome policy recommendations by the G20 engagement groups, namely Business 20, Labor 20, Women 20, Youth 20, Think 20, and Civil Society 20, and appreciate their important contributions this year.
We ask the OECD and World Bank to build a new online G20 Community of Practice within the existing Innovation Policy Platform, and ask the OECD to develop the 2016 G20 Innovation Report, to exchange knowledge and experiences.
We request the OECD, together with UNCTAD and UNIDO, to release a G20 New Industrial Revolution (NIR) Report, which provides an overview of opportunities and challenges brought about by NIR.
We welcome and encourage efforts made by the United Nations, UNCTAD, UNIDO, ILO, IMF, ITU, OECD,World Bank Group and other international organizations to develop better metrics for important policy issues like trust in the digital economy, e-commerce, cross-border data flows and the Internet of Things, as practical, relevant and appropriate.
We look forward to international organizations including the OECD and interested members, intensifying efforts to measure the digital economy in macroeconomic statistics through conducting a voluntary "good practices" survey of national statistical organizations, and organizing and hosting a workshop for statisticians and digital companies on source data to measure the digital economy.
We ask the Framework Working Group to conduct assessment of G20 structural reform progress in line with the Enhanced Structural Reform Agenda, and ask the OECD to help assess G20 progress and challenges within the structural reform priority areas by producing a technical report, with input from other international organizations, using the common set of indicators.
We invite the OECD and the IMF to continue the work on the composition of budget expenditures and revenues to support productivity, inclusiveness and growth.
In the context of sluggish trade and investment growth, we recognize the need to understand and better explain how trade and investment can contribute more to stimulate inclusive growth and jobs, and the links between structural measures, trade, investment and GDP. We ask the WTO, OECD, World Bank Group and other international organizations to advance their analytical work and debates on these matters, to contribute to improve people's perceptions on the benefits of trade and investment on well-being. In this context, we also welcome further joint work by the WTO, UNCTAD, OECD, ITC, World Bank Group and IMF, in collaboration with other relevant international organizations, within their existing mandates and resources, to identify ways and means to promote inclusive, robust and sustainable trade and investment growth, including but not limited to the work of measuring trade costs, reporting on restrictive measures, improving economic trade modeling, communicating the benefits of trade and investment, investment promotion and facilitation, enhancing coherence and complementarity between trade and investment regimes, and promoting inclusive and coordinated global value chains.
We ask the finance ministers and central bank governors to report back on their further work on the international financial architecture by our next meeting.
We call on the FATF to reflect by March 2017 on ways to progress in strengthening its traction capacity and enhanced effectiveness of the network of FATF and FATF-style regional bodies. We look forward to the BCBS comprehensive quantitative impact study that will inform the final design and calibration of the Basel III framework.
We look forward to considering the phase II report and recommendations of the FSB's industry-led Taskforce on Climate-related Financial Disclosures in early 2017, which will present its recommendations for better climate related disclosures.
We welcome the IMF-FSB First Progress Report on the second phase of the Data Gaps Initiative and support the Report's action plans.
We welcome the reports on the voluntary peer reviews of inefficient fossil fuel subsidies that have examined the policies of China and the United States, prepared by expert teams chaired by the OECD.
We ask the MDBs to move forward the directions and commitments outlined in the Joint Declaration of Aspirations on Actions to Support Infrastructure Investment. We ask the MDBs to further implement the G20 MDB Balance Sheet Optimization Action Plan.
We ask the World Bank to serve as the secretariat of the Global Infrastructure Connectivity Alliance, working closely with the Global Infrastructure Hub, OECD, other MDBs, and interested G20 Members to support its activities.
We thank the UNDP and the OECD for their support in the design of the G20 Action Plan on the 2030 Agenda for Sustainable Development and of the G20 Development Working Group (DWG) Comprehensive Accountability Report. We ask them to continue supporting the DWG for the monitoring of the implementation of the Action Plan and of the relevant accountability process.
We thank UNIDO and other international organizations for their support in the design of the G20 Initiative on Supporting Industrialization in Africa and LDCs. We look forward to address voluntary policy options to promote sustainable growth in Africa and the LDCs, including voluntary policy options to promote industrialization.
We acknowledge the establishment of the new Platform for Collaboration on Taxation by the IMF, OECD, UN, and World Bank Group, and their recommendations on mechanisms for effective technical assistance in support of tax reforms. We look forward to receiving a progress update by mid-2017.
We invite the ILO, OECD, World Bank Group and IMF to provide technical support in the implementation of the G20 Entrepreneurship Action Plan, to participate in the work of the Entrepreneurship Research Centre on G20 Economies and facilitate exchange of good practices and lessons learnt amongst G20 members. The ILO, OECD and other international organizations, social partners and experts are welcome to participate in the activities of the Centre and share their entrepreneurship experiences and research findings.
We invite the OECD and other international organizations to continue the development of the G20 initiated analytical framework for improving agricultural productivity including that of small-scale producers in an innovative and sustainable manner.



The Annex to the Hangzhou Communiqué contains more documents, including accountability documents, September 14, 2016
G20 Hangzhou Summit communiqué, September 5, 2016, Hangzhou
Agenda of the 2016 Hangzhou Summit, August 30, 2016
G20 finance ministers and central bank governors issue statement, Chengdu, July 24, 2016
G20 labour and employment ministers issue declaration with seven annexes, Beijing, July 13, 2016
G20 trade ministers issue statement with three annexes, Shanghai, July 10, 2016
G20 agriculture ministers issue communiqué, Xi'an, China, June 3, 2016
Communiqué of the G20 finance ministers and central bank governors meeting, Washington DC, April 15, 2016
G20 Presidency Statement on Climate Change at the G20 Sherpa Meeting, Guangzhou, April 8, 2016
Communiqué of the G20 finance ministers and central bank governors meeting, Shanghai, February 27, 2016
Angela Merkel announces Germany's 2017 summit will be in Hamburg on July 6-9, February 12, 2016
China publishes draft schedule of meetings for its 2016 presidency
Xi Jinping's message for the 2016 Hangzhou Summit
China assumes G20 2016 presidency and launches official website

china more


ValuingYouth -is it economically and socially possible for our generation's greatest leaders sustain the most good? Linkin if you hope so!
collaborationentrepreneur.jpg
help the greatest #learninggeneration search out community of collaboration entrepreneurs
 chinathanks2.JPG
 join in designing a package travel guide to entrepreneurs whose alumni are sustaining world
for half of us aged under 30 rsvp isabella@unacknowledgedgiant.com
thank goodness for friendships with china- their businesses were formed after
my grandad's survey of entrepreneurial revolution (The Economist 1976) clarified service and learning's digtital economies requried totally different valuation metrics than than zeros-sum age of consuming things and externalising risks across borders -thanks jack for designing e-comerce channels and financial services that win-win with vilage SME's- next can you help transform education 
chinathanks1.JPG Thanks Yue not since Ray Andersonwasalive do my generation have a green entrpreneur to learn from that inspires us half as much as you chinathanks3.JPG  Roughly every 10 years a really big “local to global” question has waved across peoples and nations- what will humans massively do next with telecoms and computers? 
Strangely schools have not been pro-actively designed so that families could be communally confident of the future getting better for everyone. Over-examination has blocked what ought to have been the greatest freedom ever celebrated by we the peoples.
How will the death of cost of distance as primary communications dynamic change the collaborative capabilities of our human species and livelihoods of youth? 
  • D Late 2000s smartphones, and cloud and every other connection
  • C Late 1990s dumb phones and worldwide web
  • B Late 1980s personal computers and worldwide web
  • A Up to late 1970s terminals and minicomputers and big computers
0 so collaboration between man and computer can race to the moon –what’s next
New at C : the Chinese speaking world started their own explorations- changing what had previously been a monotone western (English language) game play; in the West  corporations had a lot invested in brick channels and united in attacking most dotcoms community-enterprise networks (see www.cluetrain.com for what western youth at turn of millennium never had a completely open source opportunity to co-create with the west). Out of China something completely different has been evolving  
HOW URGENTLY DO YOU AGREE THAT TIME IS NOW FOR THE GREATEST ENTREPRENEURIAL CHALLENGE OF ALL TIMES AND ALL SOCIETIES?
If we could make a wish for 7,25 billion peoples it would be that the late 2010s scales the question – how can we value the half of the world aged under 30 to be the greatest #learningeneration. We have scoped extraordinary sustainability goals – but are the 3 generations youth, parent, grandparents going to transform beyond every conflict that history has spiraled to a happy peaceful sustainable human race form 2030 onwards...................................................................................................................................................................................................................................................................................................................................................................


Does anywhere have a more exciting Entrepreneurs Club than China?  rsvp chris.macrae@yahoo.co.uk wash dc usa text 240 316 8157
CEC Membership
Executive Board Members
Jack Ma
Chairman, China Entrepreneur Club
Executive Chairman, Alibaba Group
Ma Weihua
President, China Entrepreneur Club; President of Council, National Fund for Technology Transfer and Commercialization; Former President, China Merchants Bank
Liu Donghua
Founder and Vice President, China Entrepreneur Club; Founder and Chief Guideline Officer, Zhisland
Jiurnalist Liu may be retiring -he founded CEC 
Liu Yonghao
Vice President, China Entrepreneur Club; Chairman, New Hope Group; Vice Chairman, China Minsheng Banking Corp., LTD.
Michael Yu
Vice President, China Entrepreneur Club; Chairman and CEO, New Oriental Education and Technology Group; Founding Partner, Angel Plus
Guo Guangchang
Vice President, China Entrepreneur Club; Chairman, Fosun Group
Members
Ding Liguo
Executive Chairman, Delong Holding Limited
Dennis Wang
Chairman and CEO, HuaYi Brothers Media Co., Ltd.
Wang Wenjing
Chairman & CEO, yonyou Network Technology Co., Ltd.
Wang Yusuo
Chairman, ENN Group
Wang Weibin
Chairman, Suntrans Group; Chairman, Puxiang Health Group; Curator, Shenyu Museum
Wang Junhao
Vice Chairman and President, JuneYao Group
Wang Bing
Chairman, Ai You Charity Foundation
Peter Wang
Chairman of the Board, Tentimes Group Co., Inc.
Cher Wang
Chairman and CEO, HTC Group
Niu Gensheng
Founder, Mengniu Dairy Group; Founder and Honorary President, Lao Niu Foundation
Deng Feng
Founding Managing Director, Northern Light Venture Capital (NLVC)
Feng Lun
Chairman, Vantone Holdings Co., Ltd.
Feng Jun
Chairman, aigo Digital Technology Co. Ltd.
Lu Zhiqiang
Chairman, China Oceanwide Holdings Group
Frank Ning
Chairman of the Board, COFCO Corporation
Edward Tian
Chairman, China Broadband Capital Partners, L.P. (CBC); Chairman, AsiaInfo Holdings, Inc.
Ai Xin
Chairman, Suntone Group
Liu Jun
Chairman, Eagle International Group Holdings (South Africa)
Liu Lefei
Vice Chairman, CITIC Securities; Chairman and CEO, CITIC Private Equity Funds Management Co., Ltd.
Liu Jiren
Chairman and CEO, Neusoft Corporation
Zhu Xinli
Chairman, China Huiyuan Juice Group Limited
Wu Yajun
Chairwoman, Longfor Group
Jim Zhang
Chief Representative, The Nature Conservancy (TNC) Asia Pacific Region; Chairman, LAONIU Foundation
Zhang Yichen
Chairman and CEO,CITIC Capital Holdings Limited
Zhang Yong
Board chairman, Sichuan Haidilao Catering Company Ltd
Tomson Li
Chairman of the Board and CEO, TCL Corporation
Jeffrey Li
Chairman & CEO, GL Capital Group
Yang Shaopeng
Chairman of the Board, SITC International Holdings Co., Ltd.
Wang Chaoyong
Founding Chairman and CEO, ChinaEquity Group Inc.
Shen Guojun
Chairman of the Board, Intime Department Store (Group) Co., Ltd.
Zhou Chengjian
Chairman, Metersbonwe Fashion and Accessories Co., Ltd.
Miao Hongbing
Chairman, White-collar Fashion Co., Ltd.
Frank Wu
Chairman of the Board, Central China Real Estate Ltd.
Liu Chuanzhi
Chairman, Legend Holdings Corporation;Founder & Honorary Chairman, Lenovo Group Limited
Jia Yueting
CEO, Le Holdings (Beijing) Co., Ltd
Xia Hua
Chairwoman, EVE Group
Xu Jinghong
Chairman of the Board, Tsinghua Holdings Co., Ltd.
Justin Tang
Chairman, Xiaoying.com
Charles Chao
Chairman and CEO, SINA Corporation; Chairman, Weibo Corporation
Huang Nubo
Board Chairman, Beijing Zhongkun Investment Group
Chang Zhenming
Chairman, CITIC Group Corporation (CITIC Limited Corporation)
Jiang Xipei
Chairman of the Board and CEO, Far East Holding Group Co., Ltd.
Lei Jun
Founder, Chairman&CEO, Xiaomi Inc.
Maggie Cheng
Secretary-General, China Entrepreneur Club
Advisors
Wu Jinglian
Researcher, Development Research Center for the State Council
Long Yongtu
Chief Negotiator of China's WTO accession,Former secretary-general of BOAO Forum for Asia
Ai Feng
Vice Chairman, China Top Brand Strategy Promotion Committee
Wu Jianmin
Member of the Foreign Policy Advisory Group of the Chinese Foreign Ministry, Senior Research Fellow of Counsellors' office of the State Council
Zhang Weiying
Professor of Economics, National School of Development, Peking University
Zhou Qiren
Professor, National School of Development, Peking University
Xu Xiaonian
Professor of Economics and Finance, China Europe International Business School (CEIBS)
Qian Yingyi
Dean and Professor, School of Economics and Management, Tsinghua University

green summit 2014    2015 summit
 

  
 May 2016 Beijing
On May 8, China Entrepreneur Club (CEC) leaders Jack Ma, Liu Chuanzhi, Ma Weihua, Liu Yonghao and Liu Donghua sat down with over 130 media representatives to conduct a dialogue on the present and future of the CEC.
Since founding in 2006, Liu Chuanzhi held role as Chairman of the CEC, guiding the development of the club mission and vision to better business in China, improve the respect for entrepreneurship, and foster sustainable growth across all business sectors. "From the start, the CEC has developed a mission centered on best channeling our contributions to society. This is a continuous process of debate and improvement." Liu said.
Liu confirmed his recent retirement from the CEC Chairman position, and the careful consideration in supporting Jack Ma as the next Chairman. "Jack is probably the most internationally representative Chinese business leader, and also one of the busiest. I do believe jack will make a great Chairman, and carry the CEC to new heights."
As the newly appointed Chairman, Jack Ma was quick to assert the obstacles and goals of his role, stating, "Businessmen in China don't have it easy; their class is still not appropriately understood or respected. This group must be known, must progress, grow, and release its own absolute maximum potential. The establishment of the CEC carries the purpose of enabling entrepreneurs to be recognized and acknowledged for the values they contribute to society."
Jack Ma emphasized the importance of entrepreneurs cultivating individual conviction, remaining grateful for yesterday, revering tomorrow and cherishing today. "We join together not simply to speak out, but to create wider social value in our growth, and establish a standard of excellence for entrepreneurs."
In conclusion, Ma summarized his core responsibilities as CEC Chairman in four aspects: 1) clarify the relationship between business leaders and money; 2) clarify the relationship between business leaders and the government; 3) clarify the relationship between Chinese business leaders and the world; 4) rectify the relationship between the past and the future.
"As the new Chairman, I have stated clearly to the CEC members that I will operate in my own style, in what I believe is best for the CEC and China. For the CEC to last several generations, centuries, she must have members committed to pioneering improvement and development in a style all her own." 


A look inside the richest club in China

  • 23 October 2014
  •  
  • From the sectionBusiness
Some of the CEC membersImage captionThe China Entrepreneur Club consists of 46 of China's top business leaders
In the north-west corner of Beijing, in an area renowned as a base for huge technology companies, stands a non-descript building a few stories high.
Inside, in a small set of modest offices, is the hub of something quite extraordinary - a club that counts billionaires amongst its members.
"There's little else like it anywhere else in the world," says leadership expert Steve Tappin, who is the presenter of the BBC TV documentary China's Billionaires' Club.
"It's very hard to imagine the top 50 CEOs in America or Europe happily getting together or going on foreign trips as a group," he adds.
The China Entrepreneur Club consists of 46 of China's top business leaders. They are joined by politicians, academics and other advisers.
Jack Ma, Alibaba Group founder and chairmanImage copyrightGETTY IMAGESImage captionJack Ma, founder of Chinese internet giant Alibaba, is a member of The China Entrepreneur Club
Several of the members are billionaires. They include Guo Guangchang, who's been described as China's answer to Warren Buffett, property tycoon Wang Jianlin, and Jack Ma of e-commerce giant Alibaba, who's believed to have recently overtaken Mr Wang as China's richest man.
The club offers a forum where company founders can meet and share ideas, and offer advice to each other.
Since it was formed in 2006, the organisation has held regular events, some on a large scale. CEC members have also travelled the world together, meeting presidents and prime ministers keen to learn more about China's business elite.
The club is extremely difficult to join, and new members are rarely admitted. Amongst other attributes, candidates need to have an exemplary track record of business success, and must share the club's values.
Tai ChiImage captionMembers such as Fosun chairman Guo Guangchang must share the the club's values to join
Given that entrepreneurs are often extremely competitive people, how could a club like this possibly work? The answer, according to Charles Chao, chief executive of giant internet firm Sina, is that the members come from different industries, so they are not competing with one another.

There's an old saying in our culture - there are no merchants or business people that are not cunning or slyJoe Baolin Zhou , Chief executive, Bond Education
"It's an honour just to belong to this organisation," adds Mr Chao.
Members also rally round each other when one of them encounters difficulties. Mr Chao says the level of support available "is beyond my expectation." He sees it as a key benefit of membership.
So how did it all come about? The answer partly lies in the uncertain status of the business community in China.
"Society sometimes mistreats entrepreneurs, and has a lot of misconceptions about them," says the club's founder, Liu Donghua, who used to publish a magazine aimed at people who have launched businesses.
Mr Liu says that one of the main reasons he started the club was to promote greater acceptance and understanding of the private sector.
Artist impression of communist leader Mao Tse TungImage copyrightOLI SCARFFImage captionFor decades under Communist leader Mao Tse Tung, the state controlled the economy
Today, even though China may now be an economic juggernaut, the events of the past still cast a long shadow.
For decades under Communist leader Mao Tse Tung, the state controlled the economy. The private sector disappeared almost completely.
The violent and chaotic Cultural Revolution of the 1960s and 70s damaged the social fabric, and trust between people was often lacking. This would have made doing business very difficult, even if it had been possible.
Joe Baolin ZhouImage captionJoe Baolin Zhou says in the 1970s and 1980s many people felt ashamed about being a business person
So when the Chinese government began to open up the economy in the 1980s, the first wave of entrepreneurs found the going tough. They were often greeted with suspicion.
"There's an old saying in our culture - there are no merchants or business people that are not cunning or sly," says Joe Baolin Zhou, chief executive of Bond Education. "I still remember in the 1970s and 80s a lot of intelligent people would feel ashamed of becoming a business person."
In addition to dealing with discouraging social attitudes, business pioneers faced many other difficulties too.
Liu Chuanzhi is founder of huge computer company Lenovo, and is also chairman of the China Entrepreneur Club. He says state-backed enterprises were often given special privileges (such as favourable access to foreign currency), which made it difficult for start-ups like his to compete.
But even once the trailblazers of China Entrepreneur Club and others like them had achieved a level of success, some had doubts about how long it would last.
"Chinese entrepreneurs survived unique circumstances like government intervention, and the idea that 'the state advances as the private sector retreats,'" says CEC member and billionaire Huang Nubo. "Entrepreneurs in the private sector in China live a difficult life. They need to fight against huge market uncertainty."
Steve TappinImage captionSteve Tappin says there is little else like the CEC anywhere else in the world
Social attitudes remain a challenge too.
"Successful entrepreneurs in China have an image problem," says Kent Deng, reader in economic history at the London School of Economics. He believes that business leaders need to become more involved in charitable work, to help change how they are perceived.
Some Chinese company bosses are now becoming philanthropists, with CEC member Huang Nubo being just one of a number of wealthy entrepreneurs who have made substantial charitable donations.
But will it be enough to persuade an often sceptical Chinese public to be more welcoming of the business community?
CEC chairman Liu Chuanzhi says the club has a role to play: "We believe private companies of a certain magnitude, like ours, have the responsibility and obligation to help enable the private sector enjoy healthier development in China".
shark in tankImage captionHuang Nubo, who keeps a shark in his office, says getting entrepreneurs to cooperate requires "great skills"
Like most prominent Chinese business leaders, CEC members are reluctant to talk about or get involved in politics. Nevertheless some members say they can see business leaders and organisations like the club playing a wider role in society.
Deng Feng, founder of Northern Light Venture Capital, says he and some other CEC members have sponsored a private think tank, to look at social and environmental issues such as what can be done about the problem of pollution.
"It's going in the right direction" he says.
Club members say they get value from belonging to the organisation. But Huang Nubo warns that there are limits.
Mr Huang has a large tank in his office, with a shark in it. He says there were originally three sharks - but the remaining one killed the other two.
"It's not impossible for entrepreneurs to cooperate, but this requires great skills," he says.
A documentary about the China Entrepreneur Club and the recent history of business in China will be broadcast on BBC World News channel on 25th October at 09:30 and 21:30 and 26th October at 02:30 and 15:30. It will also be broadcast on the BBC News channel on 25th October at 16:30 and 26th October at 01:30 and 10:30. All times are GMT.


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Our staff members have participated with company sponsorship in such events as:

  • 69th and 70th birthday parties of Nobel Laureate Muhammad Yunus
  • founding QuarterBillionGirls research netrwork on livelihoods and sustainability goals of chinese women under 30
  • sponsor of interstate youth enegtrepreneur competitions led by Muhammad Yunus
  • sponsor of the adam smith scholars publication of Journal of Social Buisness, University of Glasgow



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