Expert Interpretation | How Can Chinese Enterprises Turn Crisis Into Opportunity After The Epidemic?

The open economic environment has brought huge market opportunities and nurtured many enterprises with the cause of globalization. After the epidemic, how should Chinese enterprises go on the road of globalization? CCTV Finance specially planned "New Opportunities after the War" and invited Li Mingjun, president of China Europe International Business School, to interpret it exclusively.

Li Mingjun: China's industrial advantages are huge! It has the most complete manufacturing industry chain in the world

Li Mingjun said China's industrial advantages are complete in categories, large in size and wide in scope It has the most complete manufacturing industry chain in the world and is the only country in the world with all industrial categories. The output of more than 220 industrial products ranks first in the world.

China's 5G technology is also leading in the world And played a very important role in the whole process of epidemic resistance. It can be expected that in the future, whether in China or in the world, 5G technology has a very broad application prospect.

Li Mingjun: In the process of fighting the epidemic, state-owned enterprises played a major role

Li Mingjun said that in the whole process of fighting the epidemic, state-owned enterprises played a major role. In the medical field, most of the doctors and nurses who support Wuhan are from state-owned hospitals, including the doctors sent by the military. The transportation and communication of medical materials are also the main force of state-owned enterprises. At the same time, they also have the guarantee of living materials and basic support. This is China's characteristic and advantage.

Some countries have encountered great difficulties in requisitioning sites, changing production of enterprises, and allocating materials. Li Mingjun believes that At this critical time, state-owned enterprises played a role, which should be a unique advantage of China.

What should entrepreneurs do in the face of challenges? Li Mingjun: The change of strategic thinking is very important

In the face of challenges, Li Mingjun believes that entrepreneurs need to have some strategic thinking changes, He suggested that entrepreneurs should pay attention to the development of the epidemic, track and adjust strategies dynamically In terms of industry, some industries are now very rigid, such as medical, communication, online and other industries. Once the global epidemic situation improves, foreign trade orders are still needed. At present, for example, domestic catering, entertainment, etc., which have a greater impact, foreign trade should recover after the epidemic. At the same time, we should also pay attention to some new opportunities and adjust the strategy of the enterprise in a timely manner.

Li Mingjun also said that when encountering difficulties, the time of enterprise transformation is often the time when outstanding talents are most needed, and it is also the opportunity period when there are conditions to find outstanding talents. Therefore, enterprises must not relax in this regard, which is crucial to the long-term success of enterprises.