ChinaStone was established in 2003 by Professor Jianfeng PENG, who is the professor in Renmin University and also the pioneer of the China’s consulting business, to provide professional management consulting services to companies including state-owned companies, private companies as well as multinational entities. ChinaStone has more than 500 consultants, most of whom are graduated with an MBA degree and have management experience in the companies. The consulting service of ChinaStone dates back to 1993. The founders of Chinastone have published a series of management handbook (The white paper on management of the western companies). Then services were provided to a number of renowned private companies first such as Huawei, Midea, TCL, and Lenovo. ChinaStone is respected by the industry and gradually becomes a leading local management consulting company in China.