Knowing All about Hunan

Quotable quotes at China Entrepreneurs Forum 2023

Source:China Daily
Updated:2023-08-29 10:37:49

Editor's notes: The 19th Summer Summit of Yabuli China Entrepreneurs Forum 2023 was held in Shenzhen, South China's Guangdong province, from Aug 25 to 27. Themed as "Focus on the Greater Bay Area, Promote Development through Innovation, Building a Chinese-Style Modernization Together", the forum attracted leading entrepreneurs from various industries.

Yu Minhong, founder of New Oriental Education and Technology Group. [Photo/Official WeChat of China Entrepreneurs Forum]

Innovation is a crucial part of achieving high-quality economic development. Since the reform and opening-up, Shenzhen has developed a Chinese miracle that has attracted worldwide attention with its advanced development pattern, surging innovation momentum and down-to-earth spirit.

Shenzhen is a symbol of the future of the city, a beacon of reform and opening up, a blessing of private enterprises, a model of the combination of capital and industry, a model of the international frontier, as well as a demonstration and test site of institutional innovation.

It is hoped that entrepreneurs will adopt an open attitude, make full use of various resources, strengthen international cooperation, have the courage to make breakthroughs, accelerate innovation, and jointly promote China's prosperity and social development.

Liu Yonghao, chairman of the agribusiness company New Hope Group. [Photo/China Entrepreneurs Forum]

Traditional manufacturing private enterprises should take the initiative to embrace artificial intelligence changes. It is possible that manufacturing robots replace human labor in the future. Traditional manufacturing entrepreneurs should not worry about it, but try to understand it, be familiar with it and invest in it.

Liu Qingfeng, chairman of Chinese AI company iFlytek Co Ltd. [Photo/China Entrepreneurs Forum]

The code generation and replenishment capabilities of iFlytek SparkDesk have surpassed ChatGPT, and other capabilities are catching up fast.

The logic, algorithm, method system, and data preparation of the current code capability are ready, and all that is needed is time and computing power.

iFlytek has set a goal to release a general large model, comprehensively benchmarking ChatGPT, on Oct 24 this year. The new model is expected to surpass ChatGPT in Chinese capability and equivalent to it in English capability.

Zhang Chunhua, chairman of China Brilliant. [Photo/China Entrepreneurs Forum]

China's supply chain will not be replaced. The production capacity and products delivery capability of China's manufacturing industry, which has rapidly achieved global layout in the past two years, has a certain level of competitiveness in the world.

A globally competitive supply chain is expected to emerge in Shenzhen in the next few years, making contribution to going global of China's manufacturing industry.

Wang Shi, founder of China Vanke Co, expresses ideas at the 19th Summer Summit of Yabuli China Entrepreneurs Forum 2023 in Shenzhen, South China's Guangdong province, on Aug 25, 2023. [Photo/Official WeChat of China Entrepreneurs Forum]

Any industry has cycles, and the real estate market also has adjustment cycles. Real estate remains a pillar industry for China's economic development.