NO.174

Elites Gathered at the Waterfront of Huangpu River to Discuss the Road for Century-old Enterprises
ReleaseDate: 2011-10-01

On September 25, the “Road for Century-old Enterprises” Summit Forum, an event hosted by JuneYao Group and JuneYao Airlines, and co-organized by China Entrepreneur Club, Zhejiang Chamber of Commerce, Shanghai, Xinhua News Agency Shanghai Bureau News & Information Center, and the “Life of Wealth” Program of First Financial TV Channel, was held ceremoniously at Pudong Shangri-La Hotel, Shanghai. Over one hundred famous domestic entrepreneurs and representatives from political and business circles gathered together to present a summit dialogue on century-old enterprises at the waterfront of Huangpu River.

This Forum intends to make a further in-depth and effective study of the experience and bottleneck for the development of Chinese private-owned enterprises, share wisdom in enterprise growth, explore the road for the century-long growth of Chinese enterprises, discuss ways of enterprise inheritance, innovation and breakthrough, in order to promote sustained and healthy development of private-owned economy.

Wang Xinkui, member of the Standing Committee of CPPCC National Committee, Vice Chairman of All China Federation of Industry and Commerce, Chairman of Shanghai Federation of Industry and Commerce, and Zhou Yupeng, Chairman of Shanghai Services Federation, attended the Forum and delivered address. Entrepreneurs including Liu Chuanzhi (Chairman of the Board of Directors of Lenovo Group), Sammy Lee (Managing Director of Lee Kum Kee Group Co., Ltd), Wang Junjin (Chairman of JuneYao Group), and Ma Weihua (Governor and CEO of China Merchants Bank) attended the Forum and delivered address. The forum activity was hosted by finance media journalist Wu Xiaobo, who is the author of “Marvelous 30 Years”.

Wang Xinkui attended the forum and delivered an address on behalf of Shanghai Federation of Industry and Commerce, he hoped that through this Forum, entrepreneurs could conscientiously absorb beneficial results to promote scientific development of enterprises, and actively apply them in key fields and steps in innovation pioneering and business transformation, be bold in taking initiative, bold in making decision, and eager to make breakthrough, so as to lay down solid foundation for enterprises to win the initiative for future development.

Zhou Yupeng put forward three basic points for the broad situation confronting private-owned enterprises: Firstly, grasp development opportunities, forge ahead in the general tide; secondly, vigorously develop service industry; thirdly, develop outsourcing of service industry, and strive for specialized and large-scale development. Meanwhile, he put forward “Five Foundations” requirements for enterprise development: Honesty and credibility are the foundation of reputation; quality is the foundation of survival, innovation is the foundation of development, talent is the foundation of innovation, magnanimity and mentality are the foundation of cohesion.

Liu Chuanzhi, Chairman of the Board of Directors of Lenovo Group, delivered a keynote speech at the Forum; he expressed the wish to develop Lenovo into a “family business without family”.

In his speech, Sammy Lee, the fourth generation inheritor of Lee Kum Kee Group, mentioned “managing family is more important than managing enterprise”, and that entrepreneurs must have enduring entrepreneurial spirit.

In his speech, Wang Junjin, Chairman of JuneYao Group and one of the representatives of China’s family enterprises, said private-enterprises must have consistent ambition and long-term vision in order to develop continuity, strength, and excellence; follow the trend to grasp the pulse of the age, and foster adhesion to become a good corporate citizen. He said family inheritance must aim at setting up strategy for sustainable development, so as to keep the business energetic and youthful. “I hope my team and I will become a study-oriented organization, an organization with dreams, a healthy and active organization, and an organization bold in innovation, eager to provide a case of reference for the development of China’s century-old enterprises, we are willing to act as the explorer of China’s century-old enterprises.”