(Interview with the two sessions) Yang Yuanqing: The epidemic will not reverse the role of economic globalization, the new infrastructure upgrade China

  China News Agency, Beijing, May 20 (Reporter Du Yan) The new coronary pneumonia epidemic continues to spread throughout the world. Yang Yuanqing, deputy to the National People's Congress and chairman and CEO of Lenovo Group, believes that the epidemic will not reverse economic globalization, nor will it end the process of globalization. The further reorganization of the chain and supply chain structure will bring new opportunities and challenges to Chinese enterprises.

  As one of the leaders in China's science and technology field, Yang Yuanqing has served as a member of the 11th and 12th National Committee of the Chinese People's Political Consultative Conference since March 2008, and was elected as the representative of the 13th National People's Congress in 2018. For more than ten years, his proposals or proposals have focused on social livelihood and technological development, with particular emphasis on using scientific and technological power to improve social livelihood and assisting national development, involving "adding Internet to poverty alleviation work" and effectively expanding the coverage of high-quality educational resources through information Some suggestions such as "vigorously enhance the core competitiveness of the manufacturing industry", "promote 'intelligence +', release efficiency dividends, and promote high-quality economic development" have been responded to by relevant national authorities.

  As the global epidemic spreads, Yang Yuanqing is concerned about the dilemmas and challenges that China's manufacturing industry may face, focusing on the new opportunities brought about by the globalized supply chain and new infrastructure.

  The new coronavirus hit the economy and endangered globalization. In this regard, Yang Yuanqing admitted that there are some views that China's position in the global industrial chain is gradually being weakened. Many foreign-funded enterprises have or are preparing to move to Southeast Asia or return to developed countries, and the epidemic has further exacerbated this change. "My opinion is on the contrary. During the epidemic situation, the trend of the migration of the industrial chain and supply chain will even slow down. The so-called" desinicization "of the industrial chain and supply chain is unlikely to happen."

  Talking about the reason, he believes that despite facing many challenges, the comparative advantage of China's manufacturing industry will exist for a long time and will gradually strengthen as the level of economic development improves.

  "In the future, a few industrial chains or some industrial links will migrate or return to their home countries, but it cannot be the overall migration of the industrial chain and supply chain. He said that this does not conform to the comparative advantage of economic development and the principle of economies of scale because the supply chain Many factors need to be considered for re-arrangement, and short-term adjustments are challenging for any company. "In other words, no country in the world can replace the core position of" Made in China "in the global industrial chain and supply chain. "

  Yang Yuanqing believes that "Made in China" has strong resilience and has a systematic advantage in dealing with potential emergencies. In the early stage of the outbreak, in order to prevent the spread of the epidemic, Chinese manufacturing companies resumed work and delayed production capacity, interrupting the normal operation of the global supply chain. In just two months, China ’s epidemic situation has been basically controlled, and most companies have resumed production, ensuring the delivery of overseas orders and stabilizing the global supply chain.

  He also believes that China has a large domestic demand market to support the supply chain to stay in China. Taking Starbucks as an example, under the background of the epidemic impacting the global economy, Starbucks announced the construction of a coffee innovation industrial park in China in mid-March. After completion, it will become its largest roasting factory outside the United States. This is precisely the Chinese consumer market. The expression of confidence.

  Under the epidemic situation, China's economy is facing a big test. Where is the new momentum of "Made in China"? Yang Yuanqing believes that the epidemic will have a very important impact on geopolitics and global economic development, but the epidemic will not end the process of globalization and will not reverse the economic globalization, but will let people reexamine globalization, the industrial chain and its Governance framework, and constantly make corrections in cooperation and opening up, looking for new opportunities and new growth points.

  He said that the epidemic will further promote the development of the intelligent wave, accelerate the development of the digital economy, the landing and application of intelligent scenarios, and stimulate a new round of growth dividends in the smart economy. At the same time, the epidemic situation will further accelerate the large-scale mergers and acquisitions across regions, industries, and functions, and large enterprises will gather greater competitive advantages.

  "The high probability of the epidemic will promote the further reorganization of the global industrial chain and supply chain structure, which will also bring new opportunities and challenges to Chinese enterprises." Yang Yuanqing said that it is necessary to correctly recognize the advantages of China's manufacturing transformation and industrial upgrading, making Not only can China effectively respond to various risks, but it can also promote industrial upgrading and transformation towards the mid-to-high end of the global value chain.

  He emphasized that the new infrastructure has brought great opportunities for China's role in the global industrial chain. In his view, the new infrastructure is conducive to alleviating the impact of the epidemic on the Chinese economy and stabilizing economic growth. Especially in the long run, it is conducive to injecting a strong "digital power" into China's industrial development and realizing the upgrading of industrial structure and growth mode Change, promote high-quality development of China's economy, and enhance the international competitiveness of China's economy. (Finish)