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On Campus

Professor Cheng Siwei speaks at School of Business seminar on Chinese enterprise management

21 Oct 2013

Professor Cheng Siwei shares his perspectives on good management practices in a speech on “The Distinctive Characteristics of Chinese Enterprise Management”
Professor Cheng Siwei shares his perspectives on good management practices in a speech on “The Distinctive Characteristics of Chinese Enterprise Management”

The School of Business organised a public forum last Thursday (17 October) at which Professor Cheng Siwei, former Vice-Chairman of the Standing Committee of the National People’s Congress of the People’s Republic of China as the keynote speaker, spoke on the topic “The Distinctive Characteristics of Chinese Enterprise Management”. More than 200 faculty members, students, and members of the public participated in the forum.

In his welcoming remarks, Professor Albert Chan, President and Vice-Chancellor,  commended Professor Cheng for his passion for upholding life-long learning and his significant contributions to China’s economic and financial development over the years. Professor Chan said: “Professor Cheng has contributed enormously to the reform and the opening up of China for the past three decades. He was also among the first to introduce the concept of venture capital in China which set a good foundation for the industry there. Professor Cheng is therefore recognised as ‘the father of venture capital in China’ by the industry.”

Professor Allan Chan, Acting Dean of the School of Business, extended his gratitude to Professor Cheng for his continuous support to HKBU and the School of Business. Professor Chan said: “Professor Cheng is very active in the international academic community. He is often invited to share his experience and insights at many renowned forums and conferences across the world. For many years, Professor Cheng has been an Honorary Professor of our School as well as an Honorary Adviser of the Chinese Businesses Case Research Centre. We are deeply grateful for Professor Cheng’s tremendous support in advancing the School’s teaching, research and overall development over the years.”

Professor Cheng shared the key aspects of effective management at the seminar. He emphasised that for Chinese enterprises to develop distinctive management characteristics, it was important for them to learn from the experiences of other companies and cultures, and to integrate relevant management concepts and practices into the Chinese context. He also exchanged views with participants on topics such as corporate social responsibility, qualities that young people should develop, and elements of good research.