Li Mingjun: How Will Chinese Enterprises Become Dangerous After The Outbreak?

The open economic environment has brought huge market opportunities and nurtured many enterprises with globalization. After the outbreak, what is the way of globalization for Chinese enterprises? CCTV finance and economics specially designed "new opportunity after war", specially invited Li Mingjun, Dean of CEIBS.

Li Mingjun: China's industrial advantages are huge. Having the most complete manufacturing industry chain in the world

Li Mingjun said that China's industrial superiority is complete, its volume is large, its leeway is large, and it has the most complete manufacturing industry chain in the world. It is the only country in the world that owns all industrial sectors. The output of more than 220 kinds of industrial products ranks first in the world.

China's 5G technology is also leading in the world, playing a very important role in the whole epidemic process. It can be expected that in the future, the application of 5G technology will be very extensive both at home and abroad.

Li Mingjun: in the process of anti epidemic, state owned enterprises played the role of main force.

Li Mingjun said that in the whole process of anti epidemic, state owned enterprises played a leading role. In the medical field, the vast majority of doctors and nurses who support Wuhan are state-owned hospitals, including the doctors sent by the army, the transportation and communications of medical materials, which are the role of the main force in the state-owned enterprises, as well as the protection of living materials, the guarantee of the foundation and so on. This is a characteristic of China and an advantage of China.

Some countries have encountered great difficulties in requisitioned sites, production conversion and material allocation. Li Mingjun believes that during this critical period, state-owned enterprises have played a role, which should be a unique advantage of China.

Faced with challenges, what should entrepreneurs do? Li Mingjun: the transformation of strategic thinking is very important.

Faced with the challenge, Li Mingjun believes that entrepreneurs need to have some strategic thinking changes. He suggests that entrepreneurs can focus on the development of the epidemic and dynamically track and adjust strategies. From the industry, some industries are now very rigid, such as medical, communication, online and other industries. Once the global epidemic is improving, foreign trade orders are needed. At present, the impact of larger domestic food and entertainment, such as foreign trade, after the epidemic in the past, there should be a relatively large recovery. At the same time, we should also pay attention to some new opportunities and adjust the strategy of enterprises in time.

Li Mingjun also said that in times of difficulty, enterprises often need talents when they are in transition. They also have the opportunity to identify talented people. Therefore, enterprises must not relax in this respect, which is crucial to the long-term success of enterprises.