What Chinese entrepreneurs say about 2020

chinadaily.com.cn | Updated: 2020-01-03 06:40
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Guo Guangchang, chairman of Fosun International, poses for a picture during an interview with Reuters ahead of a Reuters Newsmaker event in Beijing, June 28, 2016. [Photo/Agencies]

Guo Guangchang, chairman of Fosun International

China's huge consumer market, the transformation of industries driven by new technologies, and the rise of a new generation of "consumer power" are all bringing us new opportunities every day. In 2020, Fosun should seize growth opportunities in the following aspects.

First, Fosun should seize the growth opportunities driven by both China and global economic development. As a company rooted in China, Fosun's development relies on the rapid growth of the Chinese economy over the past two decades. China still provides the greatest opportunity in the world, although the Chinese economy's current growth rate has slowed down.

Second, Fosun should seize the growth opportunities in industry plus internet speed. The development of the internet has entered the second half, and the industrial internet has great opportunities. Some people say that all business in China is worth doing again. We must take an active role in using new technologies to drive industry iterations and increase the speed of the internet to every industry.

Third, Fosun should seize the growth opportunities in ingenuity plus innovation and be friends with time. While pursuing development speed, Fosun will maintain persistent craftsman spirit, insist on doing the right thing and dare to do difficult things. The company will remain unchanged in pursuing scientific research innovation, good products, excellent services, as well as insight in customer demand and in awe of rules.

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