Global Wire & Cable Annual Meeting Solidified Wisdom and Faced the Future

      On May 8 to May 10, 2015 Global Wire & Cable Annual Meeting was held in Yixing of Jiangsu solemnly. This annual meeting took “Destroy the Old and Establish the New & Cast the Future” as the theme, and took “Solidify Wisdom from All Directions and Boost Industry Development” as its purpose, and it drew extensive attention of the industry.

     The Year 2015 is the key year to comprehensively deepen reform, as well as an important year to stabilize growth and adjust structure, an adaptation year to “new normal of economy”, and even a year full of reform and challenge. As an important part of national economy, with the entry of Chinese economic development into “new normal”, wire & cable industry also shifted from rapid growth period to a period with mid-and-low growth speed, as well as an era with extravagant profits to low-profit era, driving into the track from “big” to “strong”.

     The Deputy Secretary of Municipal Party Committee and Mayor of Wuxi Wang Quan, the Director of Municipal Party Secretary and the Standing Committee of the NPC of Yixing Wang Zhongsu, the specially-invited researcher of advisory office of the State Council and former vice president of ACFIC Bao Yujun, the specially-invited researcher of advisory office of the State Council Wu Jianmin, the Director of International Smart Grid Industry Alliance and the Vice-Chairman of China Wisdom Engineering Association Wu Jiandong, the Vice Secretary-General of China Electrical Equipment Industry Association Bai Wenbo, the Deputy Director of Energy Research Institution of NDRC Li Junfeng, the Director of Electrical Insulation Research Center of Xi'an Jiaotong University Zhong Lisheng, Chairman of the Board of Far East Holding Group Jiang Xipei, and other experts, scholars, entrepreneurs, 500 people in total, got together to carry out systematic and in-depth communication and discussion on topics concerned by numerous industries such as the opportunity and development of private economy under new pattern of “One Belt & One Road” of our country, innovation and upgrade of cable industry under ideological trend of “Internet Plus”, overseas investment environment analysis and internationalization strategy of manufacturing enterprise, aiming at further boosting the healthy sustainable development of cable industry.

Establish the space and environment beneficial to the growth of entrepreneurs

      Jiang Xipei indicated that, currently, all industries in the society needed to deepen reform, especially in the field of economy, the reform was rather important, and the important strength for economic development was exactly enterprise and entrepreneur. Therefore, entrepreneur was the precious wealth of our society, which really needed the establishment of better space and environment beneficial to the growth of entrepreneur.

     Jiang Xipei thought that, even if there was competition of the field of industry in specific business, but the competition was inevitable, meanwhile, it was the feature of market economy. Competition brought development, reform brought bright future, and nation-wide entrepreneurship would point out the direction to private enterprise with no doubt.

     Jiang Xipei mentioned that, now it was also the era of smart energy. No matter in the world or in China, without smart energy, there would be no competitive advantages from now on. Although such idea and understanding as smart energy and smart city were just the thing in the last 5 years, many enterprises of us had entered into them, including Far East Holding Group.

    He indicated that, smart energy became national strategy, as well as smart city. One miracle during the development of China was the development of city, the development of urban and rural areas. The development of future urbanization was certain to bring continual powerful driving force to economy. How to plan town and country construction with good internationalization view and profession, with best technology and lest consumption to make best products, and make everyone have more satisfied experience, make our life easier and more colorful would bring entrepreneurs the space of innovation and imagination. Thus, such a development business orientation as a smart energy, smart city and system service provider, would also come into being from Far East Holding Group.

    From the aspect of future, Jiang Xipei indicated that, there was still a long way to go for wire & cable industry to realize being strong from being big, and I believed that, the future could be changed and was changing, for all of us who wanted to change industry and current situation, as long as you had enough wisdom and ability and insisted on it, the ideal and dream must be realized at last, and then our life would be happier and better.

By use of Internet Plus, boost the industry to speed up development

    In the opening ceremony, the General Manager of Far East Trading Pay Network Co., Ltd Sun Lu indicated that, under new normal, the creativity and innovation ability of wire & cable industry continued to strengthen, and new advantages were formed step by step. Be familiar with and adapt to new normal were very important, but what was more important was to lead new normal. As long as we conformed to this general logic, we would be certain to realize the stage of wire & cable industry from saturation and surplus productivity to evolution towards more high-ranking, more advanced and more reasonable direction. Meanwhile, he thought that, wire & cable industry could also use Internet Plus thought to increase innovation and cultivate new growth points.

     Sun Lu thought that, Internet Plus and Internet thought offered new development approach and new development thought for all walks of life, without exception of wire & cable industry. Wire & cable industry under Internet Plus, would burst forth huge innovation ability and new vitality, and work out new business model. It would also further optimize industrial allocation, increase entire operational efficiency, and facilitate industrial transformation and upgrading.

     He affirmatively indicated that, from this aspect, “one net based on two platforms” of Far East Trading Pay Network Co., Ltd already had a beneficial try actively, and gained achievements obvious to all.

     According to Sun Lu, Global Wire & Cable Annual Meeting had already held for 3 times, every time the industry had new change, and the sponsor discussed new problems for new changes every time. Compared with the past two times, this Global Wire & Cable Annual Meeting would have brand new features and lightspots, which would lead the whole industry to destroy the old and establish the new, and cast the future under the general background of new normal, new thought, and new opportunity.

     It was known that，this annual meeting set many sub-forums, and carried out discussion on those topics such as the forecast of market price in 2015, growth trend of the demand of raw materials, how did wire & cable industry effectively avoid the risks brought from copper price fluctuation, the development opportunity brought from energy transformation to cable industry in the future 5 years, smart city and green building lifting the market demand of cable industry, the operation strategy of enterprise serving for high-end wire & cable market, which had significant impact on reshaping competition pattern.

    In addition, the separately set forum of “Talent Training & Development during Enterprise Transformation Period” specially carried out discussion on topics such as “Appreciation of Mentality Capital, Upgrade of Human and Wealth Mode” and “Corporate University Boosting Enterprise Reform”, which became a lightspot of this annual meeting.

     By report, this Global Wire & Cable Annual Meeting was co-sponsored by the www.cableabc.com with www.people.com.cn, and co-hosted by www.ce.cn, and also obtained care and guidance of organizations such as AQSIQ, MIIT, CMIF, China Electricity Council, SGCC, and China Southern Power Grid.