USEUROPEAFRICAASIA 中文双语Français
Business
Home / Business / Companies

Cross-sector competition a trend in new economy: CEOs

By Zhu Lingqing | chinadaily.com.cn | Updated: 2018-04-13 17:28
Hou Yi, CEO of Hema Fresh, speaks at the Newtop 100 CEO Summit 2018 in Beijing on April 13, 2018. [Photo provided to chinadaily.com.cn]

"We know the cost would be high from the very first day. We have built our cold chain, normal temperature warehouse, processing center, logistics system and distribution system by ourselves since the very first day," Hou said.

He said the company would like to pay the costs to build the whole logistics system and it will be the company's core competitiveness in the next 10 years.

In addition, he pointed out that building a single barrier is far from enough for a company to survive today.

"We quickly develop a barrier in one sector and explore businesses in other sectors, which include using the methodology of new retail to deeply restructure businesses in sectors, such as hairdressing," he said.

|<< Previous 1 2 3   
Top
BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US