The Uncertainty of China's "Factory Inheritors"
Chinese business founders who succeeded in manufacturing during the country's economic growth have reached retirement age. Now taking the helm from them are the "factory inheritors," their sons and daughters who have benefited from opportunities such as studying abroad. However, the conditions they face in China's manufacturing industry are far different than what they had studied, as they grapple with post-pandemic economic stagnancy that threatens to grow even worse. In this episode, we meet the young people who have inherited a battle for business survival.
After studying abroad in America and France, Huang Xiyi took over her father's machine manufacturing company
Cardboard manufacturer Lao Junjie struggles with reduced demand
Apparel tag manufacturer Zhang Jiaen posts videos on social media to raise sales
Factory inheritors connect with each other through a dedicated chat group