Wei Chai and Tan Xuguang attend the State Council Economic Situation Conference to propose solutions for equipment manufacturing industry

On July 10, 2015, Li Keqiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Premier of the State Council, presided over a forum to discuss the current economic situation and economic work and listen to opinions of experts and business leaders. As the sole representative of the equipment manufacturing industry, Chairman Tan Xuguang talked with executives of Suning Yunye, Qihoo 360, and Dajiang Innovation about economic operation, macroeconomic policies, business management and innovation, and discussed the status quo of the equipment manufacturing industry. And future developments offer advice and suggestions to the country.

Premier Li Keqiang agrees with Chairman Tan Xuguang's analysis of the current economic situation of the equipment manufacturing industry. He hopes Weichai, as a representative of China's industrial brands, will give full play to the role of China's equipment manufacturing leading enterprises. In the current economic transition period, we must face the market and close to the needs. Efforts will be made to enhance the core competitiveness and brand-building capabilities and help China's economic transformation and upgrading.

Chairman Tan Xuguang summed up the features presented in the transformation and development of equipment manufacturing industry from three levels. First, the industry continues to slump. Overcapacity is difficult to resolve in the short term, homogenous competition is a problem, the pressure for the survival and development of enterprises is increasing, and the second is the acceleration of industry consolidation. The trend of optimizing the production capacity and the survival of the fittest is increasing. Some companies that have sustained losses will go bankrupt or restructure. Leading companies at home and abroad are accelerating the integration of the industrial chain. Third, the pains of transformation are unavoidable. Under the guidance of the government, the transformation effect of the equipment manufacturing industry has gradually become prominent, and new energy industries and service-oriented manufacturing have gradually developed. However, a successful process will require a longer process.

In view of the current situation, Tan Xuguang believes that stable growth should be placed in a more important position. He hopes that the government can more effectively introduce some stable growth policies and measures in light of the challenges and difficulties facing the current equipment manufacturing industry, so that the company can grow and adjust steadily. In the balance of the structure, the transformation and upgrading will be realized.

Subsequently, Tan Xuguang put forward opinions and suggestions on the current development of the equipment manufacturing industry in light of the successful experience and practices of Weichai’s “overseas M&A and investment” and “technological innovation”.

"Going out" is an important way to transform the equipment manufacturing industry

If China's equipment manufacturing industry wants to develop, it must go out. Tan Xuguang said that overseas mergers and acquisitions have played an important role in accelerating the restructuring of Chinese enterprises, mastering core technologies, entering the global market, and improving the management level. Tan Xuguang hopes to establish a platform and mechanism for external cooperation between the government and enterprises, give full play to the combined efforts of the enterprises and the leading role of large enterprises, realize the mission to the sea, and promote the landing of the “One Belt and One Road”.

Innovation-driven is the primary task for achieving transformation from Chinese manufacturing to China

Innovation-driven is the primary task of achieving transformation from China's manufacturing to China. At present, there is still a big gap between China's equipment manufacturing industry and foreign countries in the level of technology and innovation systems. Combining Weichai's development experience in the field of technological innovation over the past decade, Tan Xuguang made three suggestions: First, he must adhere to open innovation, combine independent innovation with open cooperation, and make full use of global technical resources; second, push forward the chain. Joint innovation, based on the industrial chain collaboration to enhance and build the overall competitiveness of the industry; Third, we must introduce innovative talents to form a gathering ground for talents in China's equipment manufacturing industry.

As the chairman of the National Internal Combustion Engine Association, Tan Xuguang proposed the establishment of an “incentive mechanism for reducing the fuel consumption leader of internal combustion engines” in response to the escalation of the emission standards of internal combustion engines to the industry, and financial subsidies for enterprises that meet emission regulatory requirements in advance. , support for scientific and technological research and development, and government procurement, etc., to encourage enterprises to better assume social responsibility for energy saving and emission reduction.

Li Keqiang: Using Innovative Wings to Make Chinese Enterprises Fly to New Heights

The five companies attending the symposium were the leaders of their respective industries. Premier Li Keqiang affirmed the contribution of these companies. After earnestly listening to the opinions and suggestions of Chairman Tan Xuguang and other entrepreneurs, he said that to scientifically judge the economic situation, it is necessary to see that the current world economic recovery is full of twists and turns and uncertainties are increasing. The impact needs to be given great attention. To the Chinese economy, there are obvious characteristics of continuous optimization of the industrial structure, the acceleration of the development drive, and the differentiation of regional and industry trends. Although some of the structural contradictions accumulated over the years have been further manifested, the long-term good fundamentals of the economy have not changed, and they still have great resilience, potential, and room for recovery. The potential growth rate of China’s economy can support medium- and high-speed growth. The key is to follow the law of development, firmly develop confidence, grasp development initiatives, and use greater efforts and endurance to promote.

Li Keqiang emphasized that China’s economic upgrading and development rely on reform and innovation. The enterprise is the main body of the market and is also the main body of innovation. It is necessary to continue to implement innovation-driven strategies and seize the opportunity of the country to launch the “Made in China 2025” and “Internet Plus” actions and promote the “One Belt and One Road” and international capacity cooperation to face the market and close to the demand. Focus on improving core competitiveness and brand building capabilities. It is necessary to support innovative enterprises, allow various innovative resources to gather in enterprises, allow more financial products and services to meet the needs of innovation, and use innovative wings to make Chinese enterprises fly to new heights.

Li Keqiang said in the end that this year is an important year for China's economic and social development. It is necessary to promote sustainable economic stability, achieve the "Twelfth Five-Year Plan" to a successful conclusion, and lay a good foundation for the opening of the "Thirteenth Five-Year Plan". Relevant departments should carefully study the opinions and suggestions put forward by experts and enterprises, and hope that everyone will have more good ideas and work together to promote China's economy to maintain high-speed growth and move toward the mid-to-high end level.

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