[Commentary] On September 2, the State Council Information Office held a meeting with Chinese and foreign reporters on "Promoting Entrepreneurship". Ning Gaoning, Chairman of Sinochem Corporation, Zhou Yuxian, Chairman of China National Building Materials Group Co., Ltd., and New Hope Group Co., Ltd. Four entrepreneurs representatives including Chairman Liu Yonghao and Chairman Yan Zhi of Zall Holdings Co., Ltd. attended and answered reporters' questions.
At the meeting, when talking about the high price of pork due to the African swine fever and the new crown epidemic and floods in the south, Liu Yonghao said that after mid-2021, pork prices will gradually return to normal prices. It is possible.
[Concurrent] Liu Yonghao, Chairman of New Hope Group Co., Ltd.
Nowadays, most of the original breeding pigs are imported, and this pattern must be changed.
So we must have our own breeding pigs, which is to make pig "chips".
Our pig raising costs will definitely drop to (compared to) the cost of African swine fever before.
With the advancement of our technology, the establishment of our organization, and the investment of a large amount of funds, our live pigs are now recovering.
I believe that after the middle of next year, it is possible that the pork price will gradually return to the normal price.
[Concurrent] During the meeting, a reporter asked that the current international situation is very complicated and changeable. How should the United States treat the challenges Chinese companies face when they are suppressing and confining Chinese companies?
In response, Ning Gaoning responded:
[Concurrent] Ning Gaoning, Chairman of Sinochem Corporation
Since China's accession to the WTO, we believe that Chinese enterprises and the world's enterprises should develop together, and it should be free trade, and the resulting global industrial chain collaboration has also improved global efficiency.
Because of the huge market (prospect), Chinese enterprises also have huge development potential of their own. I hope this globalization process will not be blocked in this way.
[Explanation] Liu Yonghao, chairman of New Hope Group Co., Ltd., said that Chinese companies setting up factories overseas have also played a positive role in local people's livelihood and employment.
[Concurrent] Liu Yonghao, Chairman of New Hope Group Co., Ltd.
Globalization is a big trend that will not change.
Our companies have made some considerations during the downturn and can seriously do things that are beneficial to the local, national, government, corporate, and society in the pattern of foreign investment.
More than 95% of our overseas employees are local employees, and we advocate localization of employees.
Especially in some developing countries, our investment, the technology we bring, and the ability we bring have played a positive role in enriching the local market supply and solving employment.
[Explanation] At the same time, Liu Yonghao expressed that he hopes to have a stable, harmonious and globalized structure.
He also called on relevant countries to increase their support in this regard and reduce unnecessary restrictions.
Liu Xuanting reports from Beijing
Editor in charge: [Lu Yan]