国内英语新闻:Innovation key to Chinese enterprises abroad: experts
BOAO, Hainan, April 6 (Xinhua) -- Chinese enterprises need to become more innovative to secure their competitive edge in the global market, entrepreneurs and economists attending the 2013 Boao Forum for Asia (BFA) have argued.
Speaking at a sub-forum ahead of the BFA, Edmund Phelps, a Nobel Prize-winning American economist and professor with Columbia University, acknowledged China's increased innovation in recent years, but insisted the government and enterprises need to further encourage innovative minds.
"Chinese enterprises have grown from followers to become leaders. Only through self-upgrading and good corporate culture can long-term sound development be ensured," added Chen Feng, president of Hainan Airlines, China's fourth-largest airline.
Entrepreneurs and economists attending the sub-forum agreed that China is spending more and more on scientific research, but they were concerned money has not been used in the most effective ways. "A considerable amount goes on meals or similar expenditure," they noted.
Domestic and foreign attendees listed "a scanty few" successes in Chinese companies' reach overseas, and "commonly seen" failures in this regard.
Corporate internationalization requires professionals with a global vision, diversified products, individualized services and market localization, said Zhang Yaqin, vice president of the Microsoft Corporation.
The three-day BFA, under the theme of "Asia Seeking Development for All: Restructuring, Responsibility and Cooperation," kicked off on Saturday in Boao, a coastal town in south China's Hainan Province. It will be attended by 1,477 representatives from 43 countries and regions.
相关文章
- 英语文摘:China urges G7 to cease interfering in its internal affairs
- 英语文摘:HKSAR gov't strongly refutes G7, EU statements on chief executive election
- 英语文摘:Xi's keynote speech at opening ceremony of Boao Forum for Asia Annual Conference 2022 publ
- 英语文摘:Xi attends ceremony marking centenary of Communist Youth League of China
- 英语文摘:Xi talks with Macron over phone
- 英语文摘:External interference in Hong Kong affairs doomed to be self-defeating: Commissioner's off
- 英语文摘:Chinese spokesperson slams Western countries smearing Hong Kong election
- 英语文摘:China calls for equal, balanced global development partnership
- 英语文摘:Xinhua Headlines: A look at younger generation on China's new journey
- 英语文摘:Chinese vice premier reiterates dynamic zero-COVID policy