2014-04-24
April 23, the Second China “Fortune Spring” Global Forum and Jim Rogers Talks to Oriental Capital Leaders Summit was held in Chengdu. Board Chairman of Tongwei Group was invited to the event as keynote speaker.
“Fortune Spring” Global Forum aims to discover, create, and handle fortune properly. Based in China, especially western China, it enhances the economic exchanges, coordination and cooperation with China and other parts of the world. Besides, it also opens to the world and improves dialogues and economic ties between China and the rest of the world in order to provide a high-level dialogue platform discussing problems on economy and society for government, enterprises and experts.
During the conversation, Mr. Liu Hanyuan expressed his positive views on China’s economic prospect. If we look at China’s economy with a magnifier, the problems may be everywhere. There are no major problems if we do not look carefully. We need to change our mentality of looking at problems. I am fully confident of China’s future. Although there is a gap between the rich and the poor, at least it shows that some people have become rich. As long as the rich people can lead poorer people, we can see hope.
On investment in capital markets, Chairman Liu explained his view: "Capital market slump, I think is due to over-regulation in China. Any sector or area with liberalized supervision has gained sufficient competition and development, such as household appliance and automobile. On the other hand, sectors which are over-regulated such as health care are lagging behind. We need to let the market play decisive role in allocating resources.
After detailed discussion with Mr. Jim Rogers, Mr. Liu made recommendations on China’s economic and industrial development, he said, "China’s overall economic outlook is of no problem. The new energy industry has opportunities."
In April, 2013, First China “Fortune Spring” Global Forum was successfully held in Chengdu. Jack Welch, famous as the world’s first CEO, came to Chengdu and shared his management secrets in successful operating the Fortune 500 companies.