Chapter 24 Wenzhou Business Group - If you have money, everyone sends it, and if you have difficulty, everyone bears it

Wenzhou chambers of commerce spread all over the country, so that every businessman can use the relationship of chambers of commerce wherever he goes to lay a certain foundation for his own development path. In June 2010, a Wenzhou business group composed of 22 Wenzhou entrepreneurs entered Taiwan's banking industry with a capital of 5 billion yuan. This was the first time that mainland private capital proposed to enter Taiwan's financial industry.Recently, Taiwan's agreement on cross-strait economic cooperation framework has been widely supported. If this agreement is passed, the financial industries on both sides of the strait will be able to communicate without barriers, which has ushered in the investment boom of Wenzhou business groups in Taiwan.

This time, Wenshang "buied the bottom" of Taiwan's financial industry, and the funds have already locked in two target banks, Taiwan Sanshin Commercial Bank and Public Bank.Although Sanshin and Dazhong Bank are both small and medium-sized banks in Taiwan, they have deep backgrounds. Sanshin Commercial Bank is an old enterprise with a history of 95 years, which was restructured from Taichung Credit Third Credit Cooperative.Public Bank is one of the most active commercial institutions in Taiwan. After introducing the internationally renowned private equity fund Carlyle Group in 2007, it is controlled by the famous American Carlyle Group.After the introduction of capital, the strength increased greatly, and the capital increased by 21.5 billion NT dollars.

This time, Wenzhou organized a delegation to investigate Taiwan's banking industry. If it goes well, it will be beneficial to both parties.On the one hand, private funds in Wenzhou grew further in 2009. According to statistics, 22.6 trillion yuan was remitted into Wenzhou from all over the world in 2009, and 22.2 trillion yuan was remitted out of Wenzhou. There are still 400 billion to 600 billion yuan of idle private capital. Against the background of strong wait-and-see sentiment in the housing market, the huge stranded funds need to find new outlets.On the other hand, the deposit interest rate of Taiwan's banking industry has been very low in recent years. The annual interest rate is only about 1.1%, and the benchmark interest rate is only 2.25%.Therefore, Taiwan is also very much looking forward to the injection of funds from Wenzhou merchants to add new vitality to the weak banking industry.

At present, there are about 1.5 million Wenzhou people doing business abroad, and one-third of them have gone abroad, and the Chamber of Commerce is a sharp weapon for Wenzhou people to fight in various places.In all parts of the country and the world, wherever there are Wenzhou people, there is a corresponding organization, such as chambers of commerce, industry associations, etc.They are usually bound by blood and nostalgia, and aim at mutual assistance and mutual benefit.It is convenient for various Wenzhou merchants to realize resource contribution, communicate with each other, and reduce operating costs and risks.

The Wenzhou Chamber of Commerce is very distinctive, not only divided into regions, but also divided into industries. Almost every industry has established its own professional groups.Therefore, the Wenzhou Chamber of Commerce has a very large influence in the local area. Some people say that in Wenzhou, the government is the government with the least power, and many commercial matters are handled by the industry association itself. This also shows the power of the Chamber of Commerce to a certain extent. importance. The formation of the Wenzhou Chamber of Commerce has a lot to do with the development model of enterprises. In the 1980s, Wenzhou enterprises were mostly family workshops. The excessive liberalization of the market caused vicious competition among each other due to the pure pursuit of economic benefits. The goods are rampant, and Wenzhou has instantly become synonymous with fake goods.At the time, the government did not have that much energy. Under such circumstances, businessmen strongly felt the need for an intermediary organization to restrain and regulate the industry.As a result, organizations similar to family conferences - chambers of commerce came into being.The initial function of the chamber of commerce was to restrain and supervise. If any company did not abide by the rules, the chamber of commerce could hold a meeting to attack him.This played a positive role in the formation of the internal binding force of Wenzhou merchants.Through the power of the chamber of commerce, the phenomenon of counterfeiting and price competition that has been repeatedly banned in some industries has been curbed, and the competition has moved from disorder to order.

With the ever-changing market environment and increasingly fierce market competition, individual enterprises have been unable to cope with market changes. Small-scale private enterprises inevitably need to rely on an external force. On the one hand, they can promote their own development in the market, on the other hand. On the one hand, their legitimate rights and interests can be safeguarded.During this period, the strength of the Chamber of Commerce has been more fully developed. The Wenzhou Chamber of Commerce assumes the duties of "image ambassador" and "foreign minister" among Wenzhou merchants.For example, the Wenzhou Footwear Association, because for a long time, due to the vicious competition of low prices, Wenzhou's leather shoes have become extremely disgraceful in the eyes of domestic consumers, and many large shopping malls have refused to enter Wenzhou clothing. Wenzhou, the "shoe capital of China", did not have such a good reputation. At that time, people all over the country believed that Wenzhou products were synonymous with fake and shoddy. Wenzhou shoes were often burned and turned away because of their low quality.At this time, the Footwear Association must come forward to clarify the facts, and the product has to be changed.Today Wenzhou is well-deserved as the "China Shoes Capital".Outstanding quality and famous brands are inseparable from the great work done by the Footwear Chamber of Commerce in advocating honest economy and establishing industry norms.

The establishment of various industry chambers of commerce in Wenzhou is an inevitable trend of Wenzhou's economic development.Because Wenzhou's private enterprises are increasingly participating in international competition, and the decentralized operation of Wenzhou's enterprises has greatly reduced market competitiveness, so it is necessary to transition to teamwork and overall awareness. The emergence of the Wenzhou Chamber of Commerce is a manifestation of the spirit of cooperation. Wenzhou people attach great importance to mutual cooperation in the process of doing business, and pay attention to teamwork.For example, for a huge investment, one company or a few companies alone may not have the strength to undertake it. At this time, a dozen or even dozens of companies will stand up and face it together.

◎Business in a group means no distinction between you and me—Wenzhou merchants scattered all over the country, although inspired by the chamber of commerce, act in groups, and benefit more from the local Wenzhou chamber of commerce.However, each member still exists independently to a certain extent, and the chamber of commerce will not interfere with the freedom of operation of members.