China's top business school is ready to accelerate its global development in the next decade, in a bid to help promote the expansion strategy of Chinese companies.

"To stabilize the country's economic growth, the continual opening up will remain the focus," Xiang Bing, the founding dean of the Cheung Kong Graduate School of Business, said at its 10th anniversary on Thursday.

Xiang said that the school will focus on business education markets in emerging economies, including the BRICS and Southeast Asian countries.

"We will also seek opportunities to cooperate with the world's top business schools in the United States and Europe," the dean said. "But we currently have no plans for mergers and acquisitions overseas."

The school was established in Beijing in November 2002, with the support of the Li Ka Shing Foundation. It is China's first privately funded and faculty-governed business school.

The school's faculty ranked sixth globally from 2006 to 2011 for per capita publication in top-tier academic journals. More than 5,000 business managers and executives, both from China and overseas, have graduated from the school.

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