China is facing the developed world’s problems of an ageing population and low birth rate. These problems have taken on even more urgency in the business community. The founding generation is getting older but having great difficulty persuading their children to carry on their legacy and keep their business running. Putting in place a clear and effective succession plan is a headache for family-run business.While there are many reasons to explain such reluctance, the deterioration in the business environment has been proven to be one of the main factors.
As China has achieved new heights in its economy and recently entered an era of mass consumption, the purchasing power of Chinese people is rising along with the development of market economy. Therefore, it is inevitable that people who pursue material life buy luxuries as long as they can afford. According to a report, the total consumption of luxuries in China accounted for a quarter of the global market share and ranked second in the world after Japan. However, in regard to consumption concept, a large number of Chinese consumers are still in the stege of “conspicuous consumption”, which is unhealthy. Luxuries should not be the tools of showing off or signs associated with power, weath and social ties.
Traffic jam has been a problem shared by all countries around the world. In recent years, the urbanization of China reaches an unprecedented level, which leads to especially prominent traffic jam in large and medium-sized cities. The problem of traffic jam has extended from part to a wide range. Traffic jam not only affects the efficiency and quality of uiban life, but also causes a series of economic and social problems like environmental pollution and energy deficiency, which greatly restricts the development of cities. To solve the problem, well-organized public transportation is indispensable. Low ticket price is the basic guarantee of priority of public transportation. In the long term, we must vigorously develop rail transportation to lessen traffic jam.