After more than four decades of reform and opening-up, a profound question emerges at this moment of wealth accumulation: Where should wealth ultimately go?

This panel will focus on “Wealth for Good” and “New Philanthropy.” Drawing on the “Wealth for Well-being Initiative” (W² Initiative) launched by the Institute for Philanthropy, Tsinghua University, we will explore together how to move beyond the pursuit of wealth accumulation toward sustainable social value creation and the transmission of values across generations. We will share the latest insights from the Wealth for Well-being framework, present a collaborative action blueprint co-created by entrepreneurs and scholars, and discuss the evolution from Philanthropy 1.0 to Philanthropy 4.0.