Milton Friedman, a renowned American economist who received the 1976 Nobel Memorial Prize in Economic Sciences, published an article titled “The Social Responsibility of Business Is to Increase Its Profits” in the New York Times in 1970.
To implement new development philosophy in the new era, we need to take a thorough analysis of the development opportunities and potential risks, strike a balance between the government and the market, and achieve both economic and social benefits from investment so as to promote high-quality development with high-quality investment.
As a major warm-up session of the 2022 International Forum for China Impact Investing (IFCII), a high-end dialogue was held on the afternoon of June 29 between Muhammad Yunus and Xiaolong Jin; the dialogue was moderated by Duoguang Bei
The fulfillment of this task requires the active participation and joint promotion of all parties, especially in capital support. The report "Unlocking the Potential: Harness Impact Investing to Revitalize Rural China" (hereinafter referred to as "the Report") was released on July 1.
Since the rural revitalization strategy was proposed at the 19th National Congress of the Communist Party of China, rural finance and financial inclusion have become a new blue ocean.
The 2022 Annual Conference of the Boao Forum for Asia (BFA) was held on April 20-22 at Boao, in China's Hainan province, under the theme of "The World in COVID-19 & Beyond: Working Together for Global Development and Shared Future".
China unveiled its “No 1 central document” for 2022 – “Opinions of the Central Committee of the CPC and the State Council on Fulfilling the Key Work of Comprehensively Promoting Rural Revitalization in 2022”.
Rural revitalization and common prosperity are the goals of China in the coming years and the key to achieving them lies in micro and vulnerable economy.
