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PrintWei shuanshi, Secretary of the Party committee and chairman of the board of directors of Baotou Steel (Group) Co., Ltd., said in his speech at the fourth plenary meeting of the eighth Committee of the CPC Baotou Steel (Group) Co., Ltd., during the "14th five-year plan" period. At present, China is at a critical period with both opportunities and challenges.
We should acknowledge that we are now facing a great change that has not happened in a century. A new round of scientific and technological revolution and industrial change are developing in depth. The balance of international forces is profoundly adjusted. Economic globalization is facing a counter current, which has exacerbated the risks and uncertainties of the world economy. Foreign supply chains on the supply side are unstable, and protectionism on the demand side is prevalent. China is still in the middle-income stage and moving towards high-income group, the problem of unbalanced and inadequate economic development is still prominent, the task of high-quality development is still important, and there are more diverse and complex problems to be solved.
The overcapacity of iron and steel is still difficult to solve in the short term, industry merger and reorganization will be further accelerated, the market competition will be more fierce, which not only opens an opportunity for enterprises to speed up to become stronger, better and bigger, but also makes most enterprises face the choice of merger or being merged.
The social background is that Belt and Road initiative has been responded by more and more countries, and the regional comprehensive economic partnership agreement and the comprehensive China EU comprehensive market are all in the same direction. The investment agreement is actively reconstructing the world political and economic map, which will provide huge external consumption and investment market for enterprises; the Party Central Committee pays more attention to solving the problem of unbalanced development, overall planning and security.
We should dialectically understand the relationship between opportunities and challenges, accurately recognize, respond and seek change. We should plan and advance from the overall strategic situation of the great rejuvenation of the Chinese nation and the great change that has never happened in the world in a century, and enhance the awareness of opportunities and risks. We should not only be good at following the trend, but also be brave in going against the trend to open up a new road suitable for enterprise innovation and development.
- [Editor:Catherine Ren]
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