Chairman Wang Min Speaks Glowingly of “The Pillars of a Great Power” at CCTV Financial and Economic Forum

Chairman Wang Min Speaks Glowingly of “The Pillars of a Great Power” at CCTV Financial and Economic Forum

December 14, 2013
Key Technical Equipment: Transformation and Upgrade for High-end Development

On the afternoon of December 11, the Chairman Wang Min was invited to step into the CCTV studio and attend the Financial and Economic Forum, together with several experts and famous entrepreneurs in China equipment manufacturing industry. At the forum, the Chairman Wang made fantastic analysis and discussion on the equipment manufacturing industry’s hard nuts and future development while taking “Key Technical Equipment: Transformation and Upgrade for High-end Development” as the theme.


Recently, CCTV large-scale documentary The Pillars of a Great Power stirred a strong sensation in the society. By virtue of unique perspective and affecting scenes, The Pillars of a Great Power, reputed as a large-scale epic about the road for rejuvenation of China equipment manufacturing industry, tells about China equipment manufacturing industry’s innovation and development history, and displays the magnificent prospect of the transformation from “Made in China” to “Created in China”. For this, CCTV specially organized this theme forum and invited industry experts and corporate leaders, who were chosen into The Pillars of a Great Power, to discuss the equipment manufacturing industry’s practical topics at the forum, such as “How to make domestically manufactured new equipment receive recognition and trust from the market”, “How to change the dilemma resulting from overmuch middle and low-end production capacity and homogenized competition”, “How to enlarge and strengthen China equipment manufacturing industry” , and “How to realize follow-up creation, transformation, and upgrade” etc.


Zhu Hongren, the Chief Engineer of the Ministry of Industry and Information Technology, made an opening address. While interacting with the host and guests at the forum, the Chairman Wang Min voiced his unique opinions. While being interviewed about “The most important factor that restricts China’s transformation from a big equipment manufacturing country to a strong equipment manufacturing country”, the Chairman Wang Min said that lack of innovative power is the most important factor. From the perspective of fundamental and long-term interest, China must master the most crucial and important technologies (including key components), in order to transform from a big manufacturer to a strong manufacturer. Also, Chinese people shall get control over and predominate in key components, and make breakthroughs in high-end manufacturing sector. Due to this, XCMG always takes “Technological Innovation” and “Internationalization Strategy” as its key strategies, and endeavors to achieve the dream of rewarding the motherland by industry and revitalizing the country by equipment through making constant innovations in technology and going global, according to the Chairman Wang.

The Chairman Wang added that reform was an indispensible factor to boost the equipment manufacturing industry’s development, and the reform should be made in system and mechanism to trigger the industry’s huge potential, only by which can Chinese equipment manufacturing enterprises turn into the world’s strongest equipment vendors. Besides, he pointed out that today’s achievements in China construction machinery industry should be mostly attributed to those technicians who always hold fast to the industry, and all companies including time-honored state-owned enterprises benefited from creations and endeavors that were made by these outstanding technicians. To boost China equipment manufacturing industry’s development, the equipment manufacturing practitioners should hold fast to the dream and need patience. So to speak, it costs equipment manufacturing practitioners decades and even several generations to make achievements, as he said.





The Chairman Wang Min’s profound insight was received with hearty rounds of applause. It is worth saying that this forum was also attended by Yang Shuanchang, Vice President of CCID Research Institute of the Ministry of Industry and Information Technology, Qu Xianming, former vice president of China Academy of Machinery Science and Technology, responsible persons from Shenyang Blower Works Group Corporation and Shenyang SIASUN Robot & Automation Co., Ltd. Meanwhile, present guests put forward their opinions about China equipment manufacturing industry’s practical problems, in addition to voicing their anticipation to China manufacturing industry’s follow-up development.

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