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CEF guests share ideas on building China's new development pattern

chinadaily.com.cn | Updated: 2024-02-28 06:40
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Chen Dongsheng, founder and chairman of Taikang Insurance Group. [Photo/China Entrepreneurs Forum]

Today, China is in a period of economic transition. After 45 years of industrialization and urbanization, China's economy has entered an period of transformation toward the post-industrial era, the service industrial age. This is a very important change.

The development of enterprises in the past was characterized by savage growth and rapid, diversified, high leverage and resource-based development. After the economic transition, these enterprises will face great challenges, because the logic of corporate behavior has changed fundamentally.

Leading enterprises should focus on their main businesses, and focus on professionalism. Their development should be driven by efficiency and innovation, relying on long-term professional accumulation.

The pattern of investment today has fundamentally changed. People need to find new tracks. Technology and dual carbon are new tracks. Human beings have entered the age of longevity, so the health industries are also a super track.

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