Rebirth of the World’s Richest Man

Chapter 3554 The Road to Globalization

 The heavy industry industry has also been talked about, but in fact there is not much to talk about. Once the real estate industry recovers, the heavy industry industry will inevitably recover. This is a mutually reinforcing thing.

 The heavy industrial industry is experiencing an overall cold spell due to the cold wave in the real estate industry.

 Otherwise, as long as there is sales in the heavy industry, the higher authorities will not be able to control it or apply the brakes.

 In the end, there is only one important topic left, which is the question of whether and how we should take the path of globalization.

“Let me first talk about our Huaqing Holding Group. As everyone knows, our group’s strategic vision is basically divided into two paths, one is like Yaohan Supermarket, and the other is Huahai Automobile.

We are following the path of globalization, acquiring some brands internationally and carrying out international transformation. But on the other hand, for example, for Hualian Computer, we have settled down, followed the technical route, and developed their products. Core technology to get rid of the quagmire and vicious circle of price war..."

Jiang Xiaobai was the first to speak: "Actually, it is not only our Huaqing Holding Group that is facing this problem, nor is it just everyone who is working on it, but our entire domestic economy has reached a crossroads. How to go on.

In the past ten or twenty years, everyone has been working hard to develop actively and seize the domestic market. But now the domestic market has basically been fixed. The next step for us is to open up our stall and move towards the international market. To advance, seize the market first, or focus on technology research and development.

I would like to provide two opinions. One is that the products do not involve the core technology, such as some food industries, such as some products that do not require core technologies, real estate, and the clothing industry, etc.

 At this time, we must seize the opportunity and use our cost advantage to expand the market.

But others require core technologies, such as the automotive industry, the computer industry, etc. At this time, it is best to settle down and develop your own core technologies. Otherwise, the technical backwardness will be consumed sooner or later. The advantage in labor costs was eventually eliminated by the market, and price wars were undesirable.

 Of course, each company has its own situation, and it cannot be generalized. "

After Jiang Xiaobai finished speaking, Factory Director Lu also spoke: "Actually, Wanxiang is also facing this problem.

The globalization of enterprises is the same concept as the previous concept of going global. In the 1990s, Wanxiang had already established a company in Citigroup. In the past two years, it also made large-scale acquisitions abroad. .

 The internationalization strategy has begun, but I think that in the process of internationalization and globalization, we need to pay attention to one thing, that is, we cannot blindly acquire foreign companies.

The companies that can be acquired are also some poorly managed foreign companies. If they are acquired blindly, they may fall into the quagmire of debt.

 Another thing is that you cannot blindly globalize. You must have your own company's strategy. The process of globalization must be in line with the development of your own company and be beneficial to your own company's development.

Rather than simply globalizing..."

Then there are these real industries such as Liu Yonghao. As for people in the Internet industry, none of them spoke. They don’t have a deep understanding of what is international and what is not.

 Nowadays, domestic Internet companies all follow the example of Citigroup. Whenever a company of any type comes out there, they want to copy Citigroup's company in China.

  Basically this is the routine. In this case, if you want to expect them to talk about internationalization.

 They have been international from the beginning and have always followed the situation abroad. But right now, they have not developed to the international level.

As for the real estate industry, there is no such thing as internationalization or not, and they are not involved. Now that there is so much land in the country, it is a good time to officially develop it, so what kind of internationalization is there?

 Not all the houses in the country have been finished yet.

 Building factories overseas is the development path of Director Lu’s Wanxiang Group, while Huaqing Holding Group’s side is cross-border mergers and acquisitions.

 But the most important thing is the core technology. Jiang Xiaobai listened to the discussion in the conference room.

 Originally, this topic was: should we take the path of globalization? How should we take the path of globalization?

 These are two topics, but from now on, everyone is discussing the second topic, which is how to take the path of globalization.

Should we follow Factory Director Lu’s example and build factories overseas, or should we follow Huaqing Holding Group’s example and implement cross-border mergers and acquisitions?

All the topics focus on discussing the advantages and disadvantages of these two points, and no one discusses the first issue, which is whether to take the path of globalization.

 Does it mean that every enterprise is suitable to take the path of globalization? How to solve the problem of insufficient innovation and defects in core technology?

Jiang Xiaobai sighed in his heart. After entering 2005, everyone seemed to be a little wild-minded, and all they saw in their eyes were beautiful things. It seemed that there was a broad road ahead, and as long as they walked on it, they would win a bright future.

 Simply put, it is a lot more optimistic.

Jiang Xiaobai didn’t know whether this kind of confidence and optimism was right or wrong. Of course, Jiang Xiaobai couldn’t stop everyone.

 After China’s accession to the WTO, it seems that the path to globalization is in front of us, and it is something that every enterprise must try.

 Five days passed by in a hurry, and in the blink of an eye, the Oriental Meeting was over. On the day the meeting ended, many people had already left in a hurry. It was almost the end of the year, and various companies had a lot of things to do.

Even Jiang Xiaobai was like this. Faced with various invitations and the like, he basically rejected them all and returned to the Magic City early the next morning.

The group has a lot of things to do at the end of the year, and various activities and meetings are overwhelmed. In addition, at the end of the year, the group also has to summarize the entire group's revenue for the whole year.

 In addition to this year's annual meeting, Jiang Xiaobai requires the entire Huaqing Holding Group, whether domestic or foreign, to come back to participate in the meeting, which leads to more work.

 Some subsidiaries directly arrange their annual meetings in January. Jiang Xiaobai and Zhang Weiyi always take turns attending the annual meetings of several surrounding companies and making an appearance.

There were various inspections and the like. Jiang Xiaobai and Zhang Weiyi could not escape and had to attend. From the time he returned from the Oriental Conference in Beijing until the end of January, Jiang Xiaobai did not take a day off for the entire month.

 (End of this chapter)