A few parting words from the Chinese Delegation
In the midst of the packed schedule organised by the Forum for the Chinese Delegation, I managed to catch Huang Hung, CEO of China Interactive Media Group (CIMG), for a few minutes to get her thoughts on the Women’s Forum, the activities of the Chinese Delegation and the entrepreneurship landscape in China.
This is not the first time Hung has attended the Women’s Forum. She believes that the Forum plays a critical role in bringing forward women’s point of view. It encourages women leadership to express their views on a wide range of issues, from business and politics to social responsibility and the alleviation of poverty. In addition, the Women’s Forum differs from other women’s conferences because it does not shy away from “feminity”, as evidenced by the beauty and fashion lounges in the Discovery Hall. In her mind, women leaders should be free to express their feminity should they wish to, and should not feel the need to look like a man. In this regard, I believe that “feminity” is regularly associated with “weakness”, and unfortunately this association is often formed by women themselves.
On the events organised for the Chinese delegation, she highlighted two in particular. First, she enjoyed the address given by Laurence Parisot, Chairman of the CEO Council in France. The session gave the delegation a glimpse of how other countries perceive China: the pros and the cons. The political and regulatory risks discussed were also particularly useful for members of the Chinese Government present in the delegation. Second, the session on “How to build an international brand”, led by Cartier, Chanel and Remy Martin, was particularly relevant, as more Chinese companies are eager to graduate from being the “factory of the world” and to move onto building its international brand identity.
As one of China’s most prominent women in publishing, Hung described China as one of the most exciting places in the world right now for entrepreneurship. The size and growth of the market mean that “a lot is possible”. On the downside, she understands that the current infrastructure and regulatory environment in China can be difficult for young companies. Entrepreneurs often find it difficult to find cheap financing, legal and accounting services, amongst others. So, a word of advice for all the budding entrepreneurs in China? Hung summarises it in one concise word: ”Persistence”.


