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CASH Holds Interaction Between National Strategy And Corporate Strategy Workshop

2015-10-15|author:

President Xi JinPing paid a state visit to the United States from September 22nd to 25th. President Xi was accompanied by many entrepreneurs, among whom seven were from the Chinese Academy of Sciences Holdings Co., Ltd. (CASH) and its business partners. They witnessed this historic moment.

On October 8th, in order to exchange experience of this visit and to seize the opportunity for further promotion of the enterprise development, CASH held a workshop in Beijing with the focus on interaction between national strategy and corporation strategy. These seven entrepreneurs were invited to the workshop. They were Yang Yuanqing, Lenovo's President and CEO (Vice President of Lenovo Group Dai Jingtong attended the workshop on his behalf);Zhao Linghuan, Chairman of Hony Capital;Li Jun, President of Sugan;Shen Napeng, Global Managing Partner of Sequoia Capital (Yang Yanan, Sequoia Capital Chinese Fund Public Relations Director attended on his behalf);Tian Suning, Founder and Director of China Broadband Capital (Zhou Yun, CBC Partner attended on his behalf);Simon Zhang, CEO of Northwest Innovation works of CASH.

The conference was moderated by Wu Lebin, the Chairman of CASH who also accompanied President Xi’s visit. Deng Maicun, Secretary General of Chinese Academy of Sciences (CAS) and Director of CAS Operation Supervision Committee attended the workshop. Meanwhile, over 30 executives from CASH and enterprises in Beijing attended the forum. More than 20 reporters from People's Daily, Xinhua News Agency, CCTV and other mainstream media reported the session.

The guests exchanged their ideas of what they saw and thought in President Xi's visit. They agreed that the healthy development of China-US relations laid a solid foundation for market opening between enterprises from the two sides. President Xi's trip has pointed out a clear direction for enterprise strategy development, namely we can invest more in the United States, while introducing the high quality capital from the United States to China, thus promoting mutual development. At the same time, we are also very pleased to see that in the era of big data and cloud computing, China finally has the opportunity to stand on the same starting line with the United States. They said that the national strategy has pointed out the direction for the development of enterprises. Meanwhile, the companies contribute to the national strategy. Therefore, the development of the country and enterprises will become a unified strategy. So enterprises must focus on the national strategy, and seize the opportunities of One Belt and One Road Strategy implementation so as to promote enterprises going out to seek development in a broader space.

Wu Lebin said that, only when the country becomes powerful and prosperous can families become rich, and that, only when companies develop can individuals become better. Company can bridge the family and the state, so the company has a very important role to play. Only when the enterprises follow the national strategy and seize the opportunities, can they become bigger and stronger. Wu Lebin pointed out that CASH Interactive Innovation Strategy is to build a canal system between the knowledge ocean to the capital ocean and the canal system will fit China’s innovation and entrepreneurship environment. The goal is to realize the interaction among innovation, industry and capital and to promote the upgrading of national economic transformation and industrial restructuring, and to build a group of leading industries and the companies in China and even in the world.

On behalf of CAS,Deng Maicun congratulated the 7 people from CASH and its partners who went along with President Xi's visit. He says that for this honor, we should be thankful to our enterprises which seize the opportunities for China’s reform and opening up, and our business models with entrepreneurial innovation, efforts and innovative business models, combined with good enterprise development mechanism of the CAS. Deng Maicun pointed out that the CAS will further promote the development of state-owned assets supervision mode and combine it with relevant opinions of the state to deepen the reform of state-owned enterprises, and to support CASH enterprises sustainable and healthy development. He hopes the CASH enterprises will strengthen exchange and synergy among themselves and with research institutes to take the advantage of cluster effect so as to make businesses bigger and stronger.

The guests interacted with reporters from the People's Daily, Xinua News Agency and media agencies. They answered questions related to integration of corporate interests and national strategies, TPP and the influence of the China-US bilateral investment agreement on the enterprise, the reformation of state-owned enterprises, and their international development.