Jiang Xipei attended 2015 Summit Forum of China Top 500 Enterprises

    On August 22, the 2015 Summit Forum of China Top 500 Enterprises sponsored by the China Association of Enterprises and China Entrepreneur Association was held in Nanning, Guangxi. Jiang Xipei, Vice President of China Entrepreneurs Association, entrepreneur of China top 500 enterprises and Chairman of the Board of Far East Holding Group Co., Ltd. attended and delivered a speech, accompanied by Xu Haoran, Director of the Group, Ding Yuqiang, investor and Deputy Director of Far East Smarter Energy Co., Ltd. (abbreviation: Far East Smarter Energy, stock code: 600869) and Senior Market Director of Far East Cable, Wang Tao, Investor, Senior Marketing Manager and Senior Manager, and Shi Guoxian, Marketing Specialist and Marketing Manager and other participants.

    The theme of the Forum was "The Belt and Road Initiative: new opportunities and new innovations for large enterprises". A total of around 1000 people, including leaders from China top 500 enterprises, senior leaders from world top 500 enterprises in China, Korea business representatives, famous experts and scholars, and officials of government departments and news media representatives, such as Wang Zhongyu, The Tenth Vice Executive Chairman of the National Committee of the CPPCC, and President of China Association of Enterprises and China Entrepreneur Association, Peng Qinghua, Party Secretary of Guangxi Zhuang Autonomous Region, Chen Wu, Chairman of Guangxi Zhuang Autonomous Region, Liu Qiang, Deputy Director of the SASAC of the State Council, Xin Guobin, Vice Minister of the Ministry of Industry and Information, Fan Xiaoli, member and Secretary-General of the Standing Party Committee of Guangxi Zhuang Autonomous Region, Lan Tianli, member of the Standing Party Committee of Guangxi Zhuang Autonomous Region and Vice Chairman of the Autonomous Region, Wang Xiaodong, member of the Standing Party Committee of Guangxi Zhuang Autonomous Region and Municipal Party Secretary of Nanning City, Chen Gang, Vice Chairman of Guangxi Zhuang Autonomous Region, Fu Chengyu, member of the Standing Committee of the CPPCC and Former Chairman of China Petrochemical Corporation, Xu Lejiang, Chairman of Baosteel Group Co., Ltd., Zhang Yuliang, Chairman of Greenland Holdings Group Co., Ltd., and Zhou Haijiang, President of Hongdou Group participated in the meeting.

    Participating government officials, entrepreneurs, and experts and scholars both at home and abroad exchanged and discussed fully the issues, from lean manufacturing to intelligent manufacturing, including Business Model Innovation Based on Big Data, Silk Road under law, park planning and reference to China, sustainable development, and development and future of supply chain finance and open innovation under the case of major pattern, in terms of "The Belt and Road Initiative" pushed ahead by combination of production and financing, and proposed many constructive views and suggestions. During the Forum, "the Tenth Sino-Korean High-level Financial Dialogue" was organized at the same time.

   In the parallel forum "Business Model Innovation Based on Big Data", Jiang Xipei made an in-depth dialogue with the Forum Moderator Xu Bin, Chief Information Officer of Shell Oil China Retail and the statement guests Feng Xingya, Executive Director and Executive Deputy General Manager of GAC Group, Li Guanghai, Deputy President of Accenture Greater China, Han Yishun, Executive Deputy Dean, Scientific Research Institution of Big Data, Tsinghua University, Chen Yubo, Deputy Dean of the School of Economics and Management, Tsinghua University and Hu Shike, Chairman of Guangxi Sugar Network.

    Jiang Xipei believes that big data are assets and resources required to be made good use of by enterprises, and enterprises can make the right decisions only after understanding these contents. He said, now the data transaction costs are high, it is very hard to trust one another, and the current financial and economic crisis continues and is still on the prowl, which is arisen from asymmetric information and failure in making good use of big data to some degree. He hopes the Government to build a platform that allows open and shared data to exist and to be kept safe.

    As Deputy President of China Entrepreneur Association, Jiang Xipei, while participating in the working meeting of Work Guidance Committee of China Top 500 Enterprises and Entrepreneurs Salon, also proposed his own viewpoints on how private enterprises keep continued competitiveness under the current economic situation; he pointed out that enterprises in the process of production, operation and management should focus on control over three major risks, that is, legal risk, major decision risk and employment risk; he advocated, government departments, banks and enterprises should fully establish mutual trust and cooperation mechanisms, mutual trust among enterprises would be built up through such a form, a protective circle will be formed between backbone enterprises and between enterprises and banks, and government departments, banks and enterprises should share responsibilities, resist risks jointly and keep confident, seek for mutual cooperation in good faith, coordinate and plan integrated cohesion and take on the responsibility for preventing risks.