Private enterprise is a fairly new concept in China. While not all of the Danfoss experience is really applicable in the Middle Kingdom, there is much that the Chinese can learn from it. For one thing there is the goal of becoming a good corporate citizen, complying with the need to fit in into a global economy and at the same time respecting the environment. Sustainable development is a catchword. For another, how do you go about securing continuity in the top management of a family business?