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HOdo’s board chairman and CEO Zhou Haijiang was elected to the ten news figures of Chinese private economy 2017, together with Ma Huateng, Ma Yun, Liu Qiangdong and Li Shufu, released by the sponsor China Business Times on Jan 19 in Beijing.

Hodo celebrated its 60th anniversary in 2017 According to Zhou Haijiang, the garment manufacturer has closely followed the CPC's policies during its six decades, helping it to grow from a small workshop to an industry leader with annual sales revenue of 3 billion yuan ($456 million).

As Zhou explained, private companies usually meet three major challenges: misjudging opportunity in the market, insufficient supply of talented poeple and loose bonding between employees.

"Party building is the most effective way of addressing these challenges," he said.

For private businesses, the Party's latest policies offer the biggest opportunities, he added, with the best example being the reform and opening-up policies which helped the company's owners to innovate.

"Party building activities will help to develop an advanced corporate culture and so the employees will be nurtured. In this way, companies need not worry so much about the shortage of talent," he said.

According to Zhou, Party building activities help private companies to realize their corporate social responsibilities.

"The companies' relationships with the government, society, shareholders, employees, partners, and customers will become smoother as a result of Party building activities. Plus the bonds between the employees will have also become closer," he said.

At the beginning of 2018, Cambodia Sihanoukville Special Economic Zone, built by HOdo got Premier Li Keqiang’s thumbs up at Belt and Road Forum.

“Today, the Sihanoukville Special Economic Zone, named in memory of the late King Father, is seeing booming growth, attracting more than 100 companies from China and other countries and creating nearly 20,000 jobs for the local community. Like many other collaborative projects between the two countries, it stands as a symbol of renewed China-Cambodia friendship by delivering real benefits to the people. ” Li’s article, published in the Khmer Times, read.