(Source: Beijing Daily 2025-01-27)
The 2025 Annual Meeting of the 5-day Davos World Economic Forum has come to an end recently. This year's annual meeting focuses on "cooperation in the intelligent era".
Among the 800 executives of enterprises from various countries who listened to Trump's video speech on the spot, nearly 20 leaders of Chinese high-tech companies. Under the changing situation, how should Chinese companies from the world's second largest economy seize opportunities and meet challenges?
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After the first day of the forum, the Davos annual meeting was fully launched on January 21, and major guests made their debut. European Commission President von der Leyen spoke on the morning of the same day, emphasizing the need to engage in early contact with the new US government and carry out pragmatic negotiations.
In the video link on January 23, Trump bluntly criticized the EU's high tariffs on the United States. But when it comes to China, in addition w88 online casino bettingto complaining about being "taken off" by China on economic and trade issues, he expressed more about his willingness to cooperate and live in harmony with China.
At the beginning of the new year, as global anxiety about geopolitical competition continues to increase, why did the leaders of the two major economies in the United States and Europe show a positive attitude towards China on the same stage? Tu Xinquan, director of the China World Trade Organization Research Institute of the University of International Business and Economics, told our reporter that after Trump takes office, he will first focus on solving internal problems in the United States, and his "America-first" foreign policy brings to allies such as the EU.
John Quilch, executive vice president of Duke Kunshan University, attended this year's Davos Forum. He admitted that Trump's video speech was the focus of Davos, but his unpredictability did not help gain more international support.
Chinese enterprises are still in their infancy
Quelch has taught at Harvard Business School for a long time and served as the dean of London Business School. He told our reporter that the guests from all countries he communicated with expressed admiration for China's economic transformation achievements and generally did not want to "select side" in the competition for major powers.
Trump once claimed during the election phase that it imposed tariffs of up to 60% on China. His latest statement is to impose 10% on China starting from February 1. On January 22, Zhang Lei, chairman of Vision Technology Group, said at the Davos theme roundtable "Balanced Climate and Trade" that even if tariffs and carbon border adjustment mechanisms increase, the basic economic laws of renewable energy development still exist.
With continuous technological innovation and a complete production and supply w88 sports bettingchain system, it has become the norm for Chinese new energy enterprises to "go overseas". Photovoltaic companies such as Longi Green Energy have allocated production bases in Southeast Asia, while Vision has deployed fan factories in the Middle East and Southeast Asia.
Tu Xinquan said that foreign investment has always been an important way to deal with trade barriers. Trade is prone to competition and friction between countries, but mutual investment is undoubtedly a more eased way of economic and trade cooperation.
"Chinese companies that are internationalized for the first time need to establish an ecological support system composed of professionals such as local accountants and lawyers in their country, and also attract and retain high-quality local employees." Quilch said that most multinational companies In fact, they have experienced high tariffs during Trump's first term and have made every effort to adjust the supply chain to avoid its impact.
Cross-border integration of new energy vehicles has become a trend
Despite trade barriers from multiple economies such as the EU, China's electric vehicle exports exceeded 2 million for the first time in 2024. Kombo, vice president of Cialis Group, who attended this Davos, said that thanks to long-term investment and cross-border cooperation, China's new energy vehicle industry has formed advantages in products, technology and costs, and its degree of intelligence is also significantly ahead.
"Enterprises need to break out of the limitations of 'trade' thinking and embrace localization, including local production and employment. Only by rooting in local society and culture can the path of internationalization achieve sustainable development." Kombo pointed out that new energy Cross-border integration in the automotive field is becoming a trend, and Cialis is cooperating w88 casino games loginwith more and more world-class automotive parts suppliers around the world to significantly improve the level of product intelligence.
Zhang Lei said that China's highly competitive new energy technologies such as electric vehicles and power batteries can help many countries produce renewable energy at a cost lower than fossil energy and own electric vehicles at a price lower than traditional fuel vehicles. .
"Using foreign investment has made important contributions to my country's manufacturing development and technological progress." Tu Xinquan said that foreign investment is also an important channel to strengthen economic and personnel exchanges in various fields of China and related countries.
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