Chang Erxia: Superhard enterprise development ideas determine the way out

“There is no diamond drill, don’t take porcelain work.” Changxing technology may be a company specializing in porcelain work, mainly producing diamonds and CBN superhard abrasives. Chang Erxia, chairman of Shenzhen Changxing Technology Co., Ltd., has been engaged in the abrasive industry for 20 years. Last year, he obtained the financing of Songhe Capital. The company began to move toward the service industry chain from the production of single products. She has unique insights into the current Chinese economy.

Chang Erxia, Chairman of Shenzhen Changxing Technology Co., Ltd.

After studying the data carefully, Chang Erxia said that in the first quarter of this year, the added value of China's secondary industry was 5.4569 trillion yuan, an increase of 7.8%; the added value of the tertiary industry was 5.6859 billion yuan, an increase of 8.3%. The growth rate of the added value of the tertiary industry is obviously faster than that of the secondary industry. The tertiary industry accounted for 47.8% of GDP and the second industry was 45.9%. The service industry's contribution to economic growth exceeded the manufacturing industry for the first time. The biggest bright spot in the Chinese economy is that "the continuous improvement of high-end manufacturing has provided fertile ground for the development of industrial services and commodity services."

Speaking of the future growth momentum, “the expansion of domestic demand will be the main driving force for economic growth.” Chang Erxia said that in the past, China’s economic development relied mainly on exports and investment. The continued weakness of external demand led to a slowdown in economic growth in the past two years. There are great differences between China's economic development levels, and there is still a large gap between the infrastructure of the vast central and western regions and the eastern region. Therefore, through the cooperation of fiscal policy, increasing investment in the central and western regions will become another growth of China's economic growth. Big engine.

Has been engaged in the real economy, Chang Erxia has a personal experience in the adjustment of industrial structure, she believes that the biggest difficulty facing industrial restructuring is that individual governors adjust their industrial structure according to their own preferences, and enterprises only have the best competition through the market. vitality. If the government regulates, it should carry out macroeconomic regulation and control according to market demand. The best way for the government to support enterprises is to reduce taxes for enterprises.

At the same time, Chang Erxia believes that enterprises can only grow after a thousand years of hard work. The way of thinking determines the way out, and the government alone can't solve the fundamental problem.

Japanese and German companies are leaders in many sub-sectors around the world. Why do they have a place in the international competition of giants? Continuous innovation in the professional field is the driving force behind their development. For Chinese SMEs, Chang Erxia said that the culture and atmosphere of innovation is crucial. “What innovation does our own business need? Who is the leader of innovation? How to make innovation the most important endogenous driving force for enterprise development? How to integrate innovation into performance is a problem we need to consider.”

In addition, Chang Erxia called for a fair competitive environment for SMEs. “When SMEs no longer need to break the bank's threshold for loans, I believe that our SMEs will shine the most in the cause of innovation in China.”