The Current Situation of the Business Ethics of Chinese Enterprises and Countermeasures

Abstract

The obstacles that Chinese enterprises are facing are not just technology, productivity, and management, but how Chinese business ethics meet international norms. Business ethics has become a key factor in restricting the competitiveness of Chinese enterprises. This paper focuses on the analysis of the current situation of Chinese ethical business culture and the impact of historical, cultural, economic, and political factors. It discusses the profound influence on the ethical business environment and ethics of traditional Chinese philosophy including Confucian philosophy, Taoism and Communist ideology, and government regulatory agencies. It analyses the existing problems of China's business ethics including credit deficiency; the flooding of the false advertising, counterfeit and inferior goods; unfair competition behaviour; economic fraud; malicious evasion of debts, etc. This paper puts forward comprehensive control measures. The main conclusion is that the misery consciousness of Chinese enterprises should be strengthened; correcting the unethical actions in market economy and commercial activities; strengthening the business ethnical education of businessmen; advancing reform of the property rights system and curbing short-term behaviour; accelerating the transformation of government functions and cracking down on corruption; establishing a sound legal system for the market economy; carrying out law-abiding education and strengthening law enforcement.