It's a family affair for startup firms

How to retain talent is a major challenge faced by companies all over the world no matter how successful they are, but for startup companies with limited resources compared with the major players, the threat of losing people is even higher.

However, according to Xi'an Qin Shen Special Control Valve Co Ltd, a small company based in the Xi'an Hi-tech Industries Development Zone, the trick to holding onto staff is quite simple: run your firm like a family.

The eight-year-old business, which develops and produces special valves for the power industry, has thrived on a relatively small workforce, according to founders Zhang Xiangnan and Li Li.