2025 GSFS｜Report Release: Exploring New Challenges and Solutions for Sustainable Succession in Chinese Family Enterprises

On October 28, the “2025 GBA Sustainable Green Finance Summit” (2025 GSFS) hosted by China Alliance of Social Value Investment (Shenzhen) (hereinafter referred to as "CASVI") opened grandly in Shenzhen International low carbon city. 2025 GSFS was chaired by WANG Si, secretary general and Party branch secretary of the CASVI. With the theme of "Finance for Green Development, Joining Hands with the World", government representatives, industry leaders, enterprise executives, experts and scholars were widely invited to attend, injecting new momentum into the dual carbon transformation in the bay area and even the whole country.

KANG Chaofeng, Initiator of the Haina Baichuan Charitable Trust, Founder of Ever Legacy Consulting, Exploring New Challenges and Solutions for Sustainable Succession in Chinese Family Enterprises, which is jointly compiled by the CASVI, Foresight   Global Family Office & Ever Legacy Consulting. At present, most of China's private enterprises are in or about to usher in the important stage of the first inheritance. This study aims to learn from the existing experience at home and abroad, and explore the systematic path of family sustainable inheritance that fits China, as well as new ideas and practical schemes.

He believes that culture is the soul of inheritance, system is the skeleton of inheritance, and ability is the muscle of inheritance. None of the three is indispensable. Chinese family enterprises are standing at the historical node of modern inheritance. Although the challenges are arduous, they are fully capable of breaking the curse of "no more than three generations of wealth" and becoming the lasting driving force of China's economy by building a heritage system suitable for their own country.