“In foreign countries, the charity has developed for hundreds of years and then the social enterprise organically came up. In China, we have everything within a few decades. We now have grassroots nonprofit organizations, social enterprises, venture philanthropy funds, and so on—all of a sudden.” So explained Li Fan, co-founder of the Global Links Initiative, the first social entrepreneur membership organization in China.
Since China began to transition toward a market-based economy and...
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