Special topic: 20th Global China Summit of JPMorgan Chase
On May 23rd, the 20th Global China Summit of JPMorgan Chase was held in Shanghai, attracting more than 2500 guests from 33 countries and regions and 1300 enterprises around the world. China's macro-economy, investment trends, liquor industry, artificial intelligence, health care, new energy and other hot topics, in-depth insight sharing and in-depth exchanges and dialogue. Wu Xiangdong, Chairman of Zhenjiu Lidu Group and Chairman of Huazhi Liquor Company, was invited to attend and shared the topic of "Liquor Industry Prospect" as the only representative of China's liquor industry.
At the summit, Wu Xiangdong shared his original views on the value investment of Chinese spirits, and put forward his own observation and analysis on the key issues of general concern in the industry, such as overcapacity, changes in the structure of drinkers and the future trend of the industry. while optimistic about the sustained growth of the industry, it has boosted investor confidence. Wu Xiangdong also took Li du as an example to share his practical experience in brand building, team building, quality control, capacity expansion and channel layout.
JPMorgan Chase Global China Summit is one of the largest and most influential annual meetings of business leaders in China. It has been successfully held for 20 years and is an important bridge between the global investment community and the Chinese market. The summit brings together global investment elites and industry leaders, who are invited to attend and speak, reflecting the high recognition of the world's top investors for corporate strength and industry influence.
Other guests attending this year's summit include Jamie Dimon, chairman and CEO of JPMorgan Chase, Bill Gates, co-chairman of the Bill and Melinda Gates Foundation, and Pat Kissinger, CEO of Intel. Tsai Chongxin, co-founder and chairman of Alibaba Group, and Zeng Yuqun, founder, chairman and CEO of Ningde Times.
Li Shengde, CEO of JPMorgan Chase Asia Pacific, said that with the rapid development of China's economy and the continuous opening of the market, China's economic activities have a far-reaching impact on every industry in the world. China has become an important market that can not be ignored by international investors, and investors "must do business there."
As the "value belief" of A-share investment, the liquor sector is the focus of investors. Wu Xiangdong said at the summit that after going through twists and turns, the liquor industry is ushering in new development opportunities with the economic recovery, as evidenced by the fact that most listed liquor enterprises maintained a growth rate of more than 20% in the first quarter, and it is expected that the Dragon Boat Festival, Mid-Autumn Festival and National Day will further accelerate.HaktutscoinmastertodayIn particular, he pointed out that the liquor industry, especially the soy sauce industry, has the characteristics of large investment, long cycle, slow effect, obvious moat effect, and high-quality wine has always been a scarce resource in the market. At the same time, whether it is the enterprise end or the circulation end, the industry tends to focus on the head enterprises. with the sustained prosperity of China's economy and the wide spread of Chinese culture, eating Chinese food and drinking Chinese liquor will become the standard. Chinese liquor will also become a new favorite on the table of international consumers and is optimistic about the long-term development of Chinese liquor.
In addition, Wu Xiangdong also stressed that in addition to making continuous efforts in the core competitiveness, enterprises also need to keep up with the trend of the experience economy, actively adapt to market changes, and pay attention to improving consumers' all-round experience.
