At the 2019 Innovation Forum jointly organized by Jiemian.com and Evonik Industries AG on October 25, 2019, Zhiwu Chen, Director of Asia Global Institute, shared his views on how industrial enterprises should evolve and grow their businesses.
With the continuous downward pressure on China’s economic growth, Zhiwu Chen urged Chinese entrepreneurs to revisit the 2008 financial crisis and its aftermath whereby U.S. companies were less affected than their Chinese counterparts. Zhiwu Chen also shared his recent observations during the study trip to China with this year’s AsiaGlobal Fellows and pointed out that choosing the right business model was a key factor for sustainable development of enterprises. This led to a more detailed discussion about business diversification versus focus.
To access the full event transcript (Chinese version), please click here.
Interview I Evergrande's most bizarre holdings? A hodgepodge of amusement parks all over China called 'Fairyland' I Zhiwu Chen
Interview I Evergrande: who is Xu Jiayin and how he led his company to have a debt of US $300,000 million I Zhiwu Chen
Interview I Why China’s Economy Is Threatened by a Property Giant’s Debt Problems I Zhiwu Chen
Op-ed I A World of Heat and Headwinds I Michael Spence