w88 casino News Network (provided by Collaborative Innovation Center)On October 31, 2015, the seminar "Collaborative Innovation and Shared Prosperity - Risk Management of Foreign Investment and Corporate Social Responsibility Salon Series" was held in Beijing. This seminar was hosted by the Chinese Enterprises "Going Global" Collaborative Innovation Center of the w88 casino, the China World Economic and w88 Organization Research Association of the Ministry of Commerce, and the China Chamber of Commerce for International Cooperation of the Private Economy, and hosted by the International Economic Ethics Research Center of the w88 casino.More than a hundred guests from enterprises, academia, government departments, chambers of commerce, NGOs, media and MBA/MPA attended.

Vice President Lin Guijun of the w88 casino, Sun Zhenyu, President of the China World w88 Organization Research Association of the Ministry of Commerce, Wang Yanguo, Vice President and Secretary-General of the China Chamber of Commerce for International Cooperation of Private Economy, Chairman of the Board of Directors of the Swiss Global Ethics NetworkWalter FustSpeeches for the seminar respectively. This session was hosted by Li Li, associate researcher at the Institute of International Economics, w88 casino.

Members of the General Assembly spoke

Lin Guijun pointed out that in recent years, the scale of overseas investment by Chinese enterprises has continued to expand and investment fields have become increasingly diversified, but at the same time they are also facing more complex global environmental and governance challenges. Against this background, Chinese enterprises urgently need to strengthen their social responsibility construction to better adapt to the overseas investment environment and share the fruits of China's economic development with the people of the host country. Sun Zhenyu pointed out that President Xi Jinping’s recent successful visits to the United States and the United Kingdom and the continuous advancement of the “Belt and Road” construction have brought broader development prospects for China’s foreign direct investment, but the commercial and non-commercial risks involved cannot be ignored. Chinese enterprises must make necessary preparations before "going global", especially strengthening training in social responsibility, understanding local laws and regulations and respecting local cultural customs, and based on the concept of long-term cooperation, mutual benefit and win-win, to bring tangible benefits to the sustainable development of the host country. Wang Yanguo believes that social responsibility is the soft power of enterprises,himProposed relevant suggestions on the foreign investment risks of Chinese private enterprises, how to achieve long-term sustainable development, and the role of the government and chambers of commerce in promoting the social responsibility construction of private enterprises "going out".Walter FustFrom the perspective of business ethics, he shared his views on the definition, assessment, management and governance of corporate risks.

Swedish Social Responsibility AmbassadorDiana Madunic, Hu Wei, Vice President of Zhenfa New Energy Technology Co., Ltd., and Liang Xiaohui, Deputy Chief Economist of China Textile Information Center, gave keynote speeches respectively.

Participating members spoke

Diana Madunicpointed out that various countries have different understandings of corporate social responsibility. For example, Sweden mainly requires companies to fulfill their social responsibilities in four aspects: respecting human rights, protecting the environment, opposing corruption, and respecting labor rights. In addition, issues such as gender equality, ethics and sustainable taxation have also attracted widespread attention in Swedish society. Currently, the Swedish government is promoting the formulation of social responsibility policies for the government and enterprises. It is hoped that Swedish enterprises can consciously abide by relevant international norms in domestic and foreign markets and set an example in fulfilling social responsibilities. It is imperative to consciously fulfill social responsibilities, which is not only related to corporate risk management, but also the source of corporate competitive advantage and corporate reputation.

Zhenfa New Energy Technology Co., Ltd., where Hu Wei works, is a private enterprise in China. It has been committed to the development of the terminal application market of the photovoltaic industry for many years and adheres to the path of combining economic benefits and social benefits of photovoltaic power generation. It is one of the largest photovoltaic power investment, development and operators in China. Hu Wei introduced a series of corporate social responsibility projects carried out by the company at home and abroad and the positive social impact they have brought. He also pointed out the many risks such as overseas security and anti-corruption challenges that Chinese companies face in the process of "going global".

Liang Xiaohui studied at Harvard University and obtained a doctorate in law. Through three recent foreign cases, he explained the multi-dimensional social risks faced by enterprises in their overseas investments, and shared the wisdom of corporate social responsibility management from the perspective of global supply chain management. Liang Xiaohui believes that on the basis of doing a good job in identifying and avoiding overseas investment risks, Chinese companies should also be honest about possible mistakes in overseas operations, integrate social responsibility management awareness into the location selection of foreign investment, abide by local laws and regulations, strengthen value recognition with local stakeholders, consciously carry out due diligence work, and may consider forming a chamber of commerce to carry out lobbying work.

Group discussion

Bian Yongmin, Director of the Department of International Law, w88 casino of Law, w88 casino, Executive Director of the Swiss Global Ethics NetworkChristoph Stueckelberger, East Asia Regional Representative of the American Friendly Service CommitteeJason G Tower, Senior Researcher at the Raohl Wallenberg Institute of Human Rights and Humanitarian Law at Lund University, SwedenRadu Mares, Director of Corporate Relations, The Economist GroupRobert Koepp, Zhuang Rui, deputy director of the Institute of International Economics at the w88 casino, conducted an open discussion on China’s foreign direct investment, corporate social responsibility, risk management and other related issues. Hosted by CCTV English Channel host Li Dongning, the discussion covered the internationalization and localization of corporate social responsibility standards, the relationship between values ​​and leadership and corporate ethics, the contribution of non-governmental organizations in reducing overseas investment conflicts, international business and human rights law, China's economic transformation and the role of the development of civil society in promoting corporate social responsibility, the role of the government and chambers of commerce in risk management of China's foreign direct investment, corporate social responsibility-related legislation, training and talent development issues, etc.

Scene photo

Finally, Liu Baocheng, director of the International Economic Ethics Research Center of the w88 casino, delivered the closing speech for this seminar.himpointed out that the achievements of Chinese enterprises in foreign investment and cooperation in recent years are obvious to all, but the overseas reputation of Chinese enterprises has not grown as fast as their scale. The investment areas are wider, but transparency issues are often criticized. Responsibility is the basis for building sustainable leadership. If China wants to play a greater role in global governance, it needs more responsible behavior and, more importantly, the construction of an inclusive value system. The theme of this seminar is "Collaborative Innovation·Shared Prosperity", and it is precisely in the hope of promoting the dissemination and practice of diversified thinking through a series of discussions and dialogues.

The conference received support from the Embassy of Sweden in China, Swiss Global Ethics Network, Syndao Zongheng Corporate Social Responsibility Consulting Company, Institute of International Economics at the w88 casino, China Strategic Research Center for Open Economy and International Science and Technology Cooperation at the w88 casino, and the Ministry of CommerceWTOThe Economic Tribune magazine’s strong support and assistance.