Ling Chen is Professor of Family Business and Business History in the School of Management, Zhejiang University, China. He is the Founding Director of the Institute of Family Business Research at Zhejiang University and has served as the Director of the Institute for Entrepreneurs since 2014. His main research areas are succession, professionalization, and corporate governance in family business, and comparative study in business history.Jian An Zhu is a Professor and Dean of the Department of Applied Economics at Zhejiang University City College, China. Since 2011, he has served as the Director of the Institute of Entrepreneurship and Family Business.Hanqing Fang is Assistant Professor of Business and Information Technology at Missouri University of Science and Technology, USA. His research primarily focuses on family firms, entrepreneurship, and strategic management.

• 1. Introduction .- 2. Household and Family .- 3. Family: economic, social, and educational functions .- 4. Characteristics of the Chinese family system .- 5. Society and family clans in modern China .- 6. Transformation of family clans in modern China and the rise of family enterprises .- 7. The two cycles of development of family enterprises in modern China .- 8. The relationship between modern Chinese family clans and the state .- 9. Dynamics of the family system before and after the Reform era .- 10. Family enterprise before and after the Reform era .- 10. Oversea Chinese family business: comparative studies .- 11. Conclusion: family and business in China.