On June 14, the new term inauguration ceremony for the 2^nd council of the 2016 annual general meeting of the Hong Kong China Chamber of Commerce was held in Hong Kong. Zhou Haijiang, vice chairman of the All-China Federation of Industry and Commerce and president of HOdo Group was elected president of the 2^nd council of Hong Kong China Chamber of Commerce. The following day, Zhou Haijiang delivered the speech entitled establish enterprise of “three self” and realize win-win outcome from eight sides at the Zijing Valley Summit, which won general approval of the participants and allowed the youth in Hong Hong who are bent on establishing a business to benefit a lot.    

Hong Kong China Chamber of Commerce, the connective organization of the All-China Federation of Industry and Commerce, has long been engaging in offering service to enterprises in Hong Kong that intend to establish business in mainland China and to enterprises in mainland China that intend to develop in Hong Kong and to make investment overseas through Hong Kong. As an outstanding business leader and a social activist, Zhou Haijiang has made tremendous effort in and contribution to promoting development of the State and social progress. The chamber of commerce believes that Zhou’s presidency will allow the chamber to win more popularity and reputation and will contribute to the communication and cooperation between the commerce and all walks of life.    

Mr. Zhou was most honored in serving as president of the 2^nd council of Hong Kong China Chamber of Commerce and he pointed out that the presidency would be a heavy responsibility for him. He also observed that the development of commerce was the top priority and hoped he would make progress together with all the members and enable the commerce to function as an more effective link in the future. Zhou also hoped to, through the Hong Kong China Chamber of Commerce and the All-China Federation of Industry and Commerce, encourage members of the commerce and the numerous private business owners in mainland China to make concerted effort in accelerating the implementation of the 13^th Five Year Plan of the State and the development strategy of“one belt one road”, so as to make fresh contribution to a prosperous and stable Hong Kong.

On June 15, Hong Kong China Chamber of Commerce and the Zijing Valley Development Center jointly held the Zijing Valley Summit which served as a diverse platform for the communication of entrepreneurs and youth in Hong Kong. In this way, these youth will be able to make the most of the resources and chances of the 13^th Five Year Plan more effectively and comprehensively.    

In his speech at the main forum, Zhou Haijiang briefed the development of HOdo Group in the recent 60 years. HOdo Group is both one of the 120 pilot enterprises for deepening reform as designated by the State Council and the only model enterprise for implementing the trademark strategy in the garment industry as approved by the State Administration of Industry and Commerce. The business operations of HOdo extend to cover textile, clothing, rubber tire, biological medicine, real estate and other realms. Presently HOdo Group has three listed companies and has established the 11.13-sq. km. SSEZ in Cambodia, which was a pivotal point of the “one belt one road” strategy. Now an industry-finance group featuring “the combination of industry and finance and the integration of two based” is gradually taking shape and thriving rapidly. All these accomplishments are inseparable with HOdo’s high attention to “independent innovation, proprietary brand and independent capital” and to becoming a business with “three self”.  

Self-development depends on innovation, product market depends on brand and factor market relies on capital. According to Zhou Haijiang’s analysis, nowadays businesses are making less profit. Only monopoly-oriented enterprise can profit. For most private enterprises, monopoly can only rely on innovation, because only “innovative monopoly” can serve as a money-making machine for enterprises. This is the fundamental way for most of the present business entities to avoid the predicament of making less profit. Furthermore, market is divided by brands. International market is divided by international brands, and the domestic market is divided by both the domestic and international brands. So we can see that brands have dominated the industrial chain and in most circumstances, independent innovation also serves for proprietary brands. Independent capitalrefers to the capital that can be independently controlled by businesses. The larger the independent capitalis, the more rapid growth an enterprise will have. Zhou suggested that enterprises shall strive to become an integrator by adopting the direct financing-focused American model and try to avoid being integrated in the same way as many an European enterprise that adopts indirect financing. 

Zhou also shared his concept of “win-win outcome for eight sides”. If an enterprise ever intends to make significant development against the backdrop in which regional economic cooperation and economic globalization have become the main trend of the world economic development, it must follow the concept of win-win outcome to allow its profit of development to benefit all sides, so that the win-win outcome of such eight sides as shareholders, employees, customers, suppliers, partners, government, environment and the society (community) will be achieved. Zhou said that competitions between enterprises ...

Zhou said that competitions between enterprises concentrate on products and industries, and then expanded to the industrial chain in later stages until extended to the entire ecosphere for corporate operation at present. Such ecosphere is composed of related stakeholders. The win-win outcome for eight sides is just directed at putting into place a harmonious ecosphere for stakeholders to raise the sustainable competitiveness of enterprises. 

It is known that the Hong Kong China Chamber of Commerce (HKCCC) was founded in 2010. HKCCC’s first president was Chen Jingwei, vice chairman of the All-China Federation of Industry and Commerce and board chairman of Hong Kong Jingwei Group Co., Ltd. Members of HKCCC are mainly made up of excellent Chinese entrepreneurs from Hong Kong, mainland China, and abroad. Since establishment, HKCCC has been adhering to the spirit of “truth seeking, concrete effort, and common development” so as to offer duel service for the enterprises’“attracting foreign investment and going global”, especially the “one belt one road” construction. HKCCC engages in establishing service platform for enterprises in Hong Kong to come to mainland China and for enterprises in mainland China to go to Hong Kong and to make investment overseas through Hong Kong. From 2011 to 2012, China Overseas Investment Summit (COIS) was held successfully for two consecutive years and now HKCCC has grown into a highly influential chamber of commerce in the business circle of Hong Kong in a matter of years.