Xu Yongguang: The social enterprise movement has a raging momentum
Since the 1980s, the corporate social responsibility (CSR) movement, which has been increasingly emerging and developing in the international community, has demanded that enterprises should assume social responsibility while making profits, and that their development should be in line with social ethics so as to ultimately realize sustainable development. Not coincidentally, the third sector of society in the United Kingdom, the United States and some developing countries, i.e., non-governmental, non-profit public welfare organizations, have also begun to draw on the mode of operation of commercial institutions to create...