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China's Auto, new energy entrepreneurs discuss, share global strategies at CMG event

China

China

China

China's Auto, new energy entrepreneurs discuss, share global strategies at CMG event

2025-01-04 17:07 Last Updated At:18:47

Industry leaders from the automotive and new energy sectors discussed and shared their innovative practices and international expansion strategies at a China Media Group (CMG) event.

The CMG's CCTV business channel recorded its New Year's Eve Speech program at the National Aquatics Center in Beijing on Dec 26, and business leaders from prominent Chinese manufacturing enterprises were invited to the event.

Zhu Huarong, chairman of Changan Automobile, a leading Chinese carmaker, reviewed the company’s growth trajectory.

He mentioned that Changan has integrated top global talent and technology resources, and has established research and development networks in 10 locations across six countries.

According to the chairman, the company’s goal is to transform from a traditional automotive manufacturer to an intelligent, low-carbon mobility technology firm, and build itself into a world-class automotive brand.

"We have proactively explored future industries such as flying cars and humanoid robots to forge new quality productive forces, with an aim to offer global users integrated transportation solutions across land, sea, and air. Changan follows the principle of 'Changan will never be absent from any overseas market.' With our '1+5+2' global strategy, we are expanding into five key regions: Southeast Asia, Europe and the Commonwealth of Independent States (CIS), along with the Middle East, Africa, as well as Central and South America, offering high-quality products and services to users worldwide," Zhu said.

Regarding the company's "1+5+2"strategy, "1" refers to China, the company's home market and foundation; "5" represents the five key markets: Southeast Asia, Europe and the CIS, the Middle East, Africa, as well as Central and South America; "2" includes two mature yet challenging markets, Japan and South Korea, as well as North America.

The CIS was founded in 1991 as a regional organization of former Soviet republics.

Zhu believes that China's automotive industry is undergoing a significant transformation, evolving from simple global expansion to becoming a global leader.

He is confident that over the next decade, more world-class Chinese brands will emerge to bring exceptional products and services to global consumers.

Zhang Lei, chairman of Envision Group, a world-leading green technology company, shared the company's successes in the new energy sector, highlighting China's leading role in clean energy technologies.

"We are committed to replacing coal with wind, solar, and energy storage for power generation, and using green hydrogen, methanol, and biofuels produced with renewable energy to replace oil and natural gas. Additionally, we also aim to create renewable energy-powered systems driven by artificial intelligence (AI) and Internet of Things (IoT) to form a new type of power grid," Zhang said.

Zhang is proud that Chinese renewable energy technologies, such as wind, solar, batteries, and electric vehicles, are now expanding globally, lowering energy costs and promoting worldwide prosperity.

He said that Envision Group will continue to lead the global green energy revolution, contributing to shared prosperity and sustainable ecological development.

China's Auto, new energy entrepreneurs discuss, share global strategies at CMG event

China's Auto, new energy entrepreneurs discuss, share global strategies at CMG event

China is accelerating the commercialization of marine scientific and technological achievements and fostering new quality productive forces by boosting support for small and medium-sized enterprises (SMEs) in the marine sector, with a focus on investment and financing to drive industry growth.

The development of marine industries is marked by substantial investments, high risks, and slow returns. However, with strong national support, some companies, such as Zhejiang Startest Marine Science and Technology Co., Ltd. in east China, have achieved notable success.

The company is a national high-tech enterprise specializing in the independent research and development of underwater sonar detection equipment and underwater information data systems.

It now holds more than 210 intellectual property rights for its designs.

"We are now fully capable of replacing similar foreign imported products with our own ones, thereby overcoming the bottleneck in production caused by foreign product embargoes," said Su Xiaoyang, president of Zhejiang Startest Marine Science and Technology Co., Ltd.

While some marine SMEs, such as Shenzhen HiCloud Data Center Technology Co., Ltd., China's first underwater data center equipment and service provider, have mastered core technologies, a gap remains compared to international standards. As a result, continuous investment is necessary for them to overcome critical technological challenges.

"The Underwater Data Center Pilot Project is a new infrastructure initiative requiring a significant initial investment and scale effects. However, both users and investors in the market still lack a comprehensive understanding of the project's strategic significance, including the technical risks associated with emerging technologies," said Pu Ding, general manager of the Underwater Data Center Pilot Project in Hainan under Shenzhen HiCloud Data Center Technology Co., Ltd.

To address the challenges faced by marine SMEs in securing investment and financing, the Ministry of Natural Resources (MNR), along with the Shenzhen Stock Exchange, has organized a series of roadshows since 2016. Over 200 marine SMEs and innovation teams have participated, securing more than 3 billion yuan (around 409.8 million U.S. dollars) in financing.

In addition to these efforts, the MNR, in collaboration with the Shanghai Stock Exchange, launched China Ocean Economy Stock Price Index in 2024, covering 20 marine and related industries.

"This is the first domestic comprehensive index in the marine sector, covering all the markets of Shanghai, Shenzhen, Beijing, and Hong Kong. It provides timely insights into the operational performance of listed companies in the marine industry and plays an important role in promoting the efficient allocation of financial capital to the marine real economy," said Feng Lei, deputy director of the Ocean Strategic Planning and Economic Department under the Ministry of Natural Resources.

Small marine firms accelerate commercialization of sci-tech achievements under greater policy support

Small marine firms accelerate commercialization of sci-tech achievements under greater policy support

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