Jiang Xipei: Grasp Four Key Points and Realize High-end "Smart Manufacture"

From Sep. 1, 2014 to Sep. 3, 2014, Top 500 Chinese Enterprises Summit Forum 2014 was held in Chongqing, and more than 600 top 500 Chinese enterprises gathered in the mountain city, talking about the development together. Jiang Xipei, Chairman of the Board and CEO of Far East Holding Group was invited to attend the forum, accompanied by Cai Hao, Director Assistant of President Work Department of Far East Holding Group and Deng Xuedong, Assistant to Marketing Director of Far East Smarter Energy Co., Ltd. (stock code: 600869). It is learned that, Far East Holding Group ranked the 484th in the top 500 Chinese enterprises list issued by the forum on Sep. 2 with its operating income RMB 24.0489 billion.

Jiang Xipei talked in the "stepping into high-end manufacture"



In the parallel forum of "stepping into high-end manufacture", an extensive and in-depth discussion on how Chinese manufacturing industry steps to the higher end of value chain was conducted among Jiang Xipei, Shao Yong, CEO of Jiangsu Yueda Group Co., Ltd., Cui Genliang, Chairman of the Board of Hengtong Group Co., Ltd., Li Chuyuan, Chairman of Guangzhou Baiyunshan Pharmaceuticals Holdings Co., Ltd., Zheng Yuanbao, Chairman of People ELE. Appliances Group, Fu Yao, vice President of Hong Kong UTC Intellectual Property (Holdings) Limited Institute, and Cui Dianguo, General Manager of China CNR Corporation Limited. Yang She, Professor of Renmin University of China presided over the forum.

During the communication, Jiang Xipei has pointed out that, China is a "big manufacturing country rather than a "strong one", needless to say a "strong country with smart manufacture". We should devote particular care to work hard and ingeniously, but China's manufacturing industry has just accomplished working hard, which does not represent the future development trend; four points are of great importance if we want to realize high-end manufacture. Firstly, he says it is necessary to have good grasp of talents. Whether an enterprise can attract, employ and retain world first-class talents will be the key for it to have core competitiveness. Secondly, he points out to build production and research integration. Rather than just basic research, enterprise development also requires pursuing reality, learning benchmarking and surpassing benchmarking. It is certainly easy for an enterprise to reform than to create, and constant learning is required for surpassing. Secondly, he considers management should be put in place. It is difficult to offer good products and services without good management. Finally, he emphasizes to focus on customers. Enterprise has its value if customers are satisfied with the products or services, vice verse, customer's dissatisfaction may cause waste of resource.

Jiang Xipei says that, after 30 years of development, China's manufacturing industry has laid a sound foundation to transform and upgrade to "China smart manufacture". However, the problem of excess production capacity, though as the law of economic and social development, can not be underestimated; governments and enterprises must pay attention to it and try their best to solve the crisis. The base of Chinese economy is "made in China", and only doing a good job in "made in China" can we lay a solid foundation for the development of manufacturing service industry, financial service industry, supporting industries or even the whole society, can we have a better tomorrow.

The summit forum was sponsored by China Enterprise Confederation and China Enterprise Directors Association, with the theme of "new powers and new perspectives: big enterprise reform and development against the background of global economic transition". Through this forum, China's big enterprise could share their successful experience and build more consensuses, thus leading enterprises to embark on the road of steady, rapid, sustainable and healthy development.

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