This paper makes out a case for granting a wider mandate for social enterprises and non-profits (SEN) in China as an institutional remedy to solve China’s social and societal issues: pollution, regimented labor and the “tragedy of the commons” on account ‘smokestack’ industrialization. It first draws attention to a) overlooked aspects of rapid growth with reference to 16% of population at the bottom of the income pyramid that missed the growth boat and b) harm otherwise done to elementary resources such as air and water and c) need for deregulation under the ‘one country, two systems.’