Talking about New Economic Opportunities in China | Injecting valuable increment and innovation vitality into the world economy.

  Xinhua News Agency, Beijing, March 30thTitle: Inject valuable increment and innovation vitality into the world economy continuously.

  Xinhua news agency reporter

  Editor’s Note: Under the background of weak world economic recovery, China’s economy has attracted worldwide attention for its remarkable development resilience and certainty. Xinhua News Agency will open a column entitled "Talking about New Economic Opportunities in China" from now on, inviting people from political circles, business circles and academic circles from all over the world to talk about new economic opportunities in China, discuss new economic vitality in China, and tell a new win-win story between China and foreign countries, so as to present the vigorous vitality and bright prospects of China’s economy from a global perspective and multiple perspectives.

  Recently, the 2023 Annual Meeting of China Development Forum and the 2023 Annual Meeting of Boao Forum for Asia were held in Beijing and Hainan. At a time when the world economy is struggling to recover, the bright future of China’s economy has attracted much attention and expectation from all walks of life.

  Many overseas guests and executives of multinational companies in China said that from a global perspective, China’s economic development this year has shown remarkable resilience and certainty, which has continuously injected valuable incremental and innovative vitality into the world economy and constantly created new opportunities for win-win cooperation between China and foreign countries.

  Development prospect: effectively hedging global instability

  Since the beginning of this year, international organizations have intensively raised China’s economic growth expectations, among which the International Monetary Fund (IMF) predicts that China’s economy will grow by 5.2% this year.

  IMF Managing Director Georgieva, who attended the 2023 annual meeting of Boao Forum for Asia, said on the 29th that China’s economic development momentum is good, and its contribution rate to world economic growth is expected to exceed one third this year, which will provide important opportunities for other countries.

  According to the latest research report of Citigroup, under the recent banking crisis in Europe and America, China will be more distinctive due to the accelerated economic growth, which may become a "major hedging factor" conducive to global economic growth and highlight its role as a "safe haven".

  "Anchor of stability!" Kang Yong, chief economist of KPMG China, an internationally renowned accounting firm, described the role of China’s economy in global challenges. He told reporters that during the COVID-19 epidemic raging around the world, China withstood the pressure and effectively guaranteed the stability of the global industrial chain supply chain. This year, China’s strong economic growth will be very commendable and contribute greatly to the stable recovery of the world economy.

  Gu Yushao, global senior vice president of Medtronic, a fortune 500 company headquartered in the United States, said that China has continuously improved its business environment in recent years, and enterprises are full of confidence in China’s economic development prospects. In the new year, the international community expects China to continue to play an important role in the global industrial chain supply chain and inject more vitality into economic globalization.

  Market vitality: sharing new development opportunities with the world

  In recent years, China has made great efforts to promote high-quality development, expand high-level opening to the outside world, and constantly release innovation vitality and opening dividends, which has been praised by overseas people, especially investors from all over the world.

  "I am willing to continue to develop in China and make progress with China." Kang Linsong, Chairman of the Board of Directors of German Mercedes-Benz Group Co., Ltd., said in an exclusive interview with Xinhua News Agency that China has the largest automobile market in the world, and the pace of innovation is very fast. Consumers have shown high acceptance of technological innovation, which is one of the markets that truly test the frontier advantages of the automobile industry.

  At present, Mercedes-Benz has set up R&D centers in Beijing and Shanghai, and has the most comprehensive R&D network in the innovation field outside the German headquarters in China. Kang Linsong believes that China’s opening-up strategy has released market vitality and helped market participants to flourish in China. R&D and innovation in China are very important for multinational enterprises.

  According to Fabry, President of L ‘Oré al North Asia and CEO of China, China is not only an important engine for business growth, but also a driving force for open innovation.

  Today, China has become one of L ‘Oré al’s most important markets in the world. Last year, the global cosmetics giant also announced the establishment of its first investment company in China, aiming to explore potential innovative enterprises with more China partners, foster forward-looking innovations and promote their commercialization.

  Carl Fei, a strategy professor at BI Norwegian Business School, told reporters at the annual meeting of Boao Forum for Asia that China has a huge market and is open to new things, and the application of new technologies in China is very fast.

  He believes that the achievements made by China in the field of science and technology in the past decade are amazing, showing the great potential of China. In recent years, China has continuously promoted the construction of a green "Belt and Road" and helped many developing countries in the fields of light rail transportation and green energy.

  Win-win vision: a new chapter of multi-field collaborative development spectrum

  This year marks the tenth anniversary of the "One Belt, One Road" initiative. In the past ten years, the international influence and coverage of China’s programs represented by the "Belt and Road Initiative" have been expanding, which has made the concept of coordinated development and win-win cooperation more deeply rooted in the hearts of the people.

  Bei Zhemin, managing partner of Oliver Wyman Consulting, is the author of The New Silk Road: How the Arab World Rediscovers China. He told reporters at the 2023 annual meeting of Boao Forum for Asia on the 29th that many countries in the Middle East are willing to cooperate with China in the fields of digital economy and clean energy.

  Bei Zhemin said that the joint construction of the "Belt and Road" has effectively promoted multilateral cooperation and promoted the coordinated development of Asia and regions along the route. Especially in Southeast Asia, the joint construction of the "Belt and Road" has brought a large number of industrial parks, ports and other facilities, which has strongly supported the development of global manufacturing.

  Hu Yishan, chief consultant of Malaysian Pacific Studies Center who has participated in Boao Forum for Asia for many years, said that China attaches importance to multilateralism and fair economic cooperation, especially through the Belt and Road Initiative, which has established a solid foundation for cooperation and effectively promoted regional development. At the same time, the practice and experience of high-quality economic development in China are also worth learning from many countries.

  Rehnert Bekotur Wolfe, President of Astana International Financial Center, said that China has made great achievements in economic development in the past few decades, showing the world a successful development story. Nowadays, under the guidance of high-quality "One Belt, One Road", new projects and new investments have landed in Kazakhstan and other countries, which continue to help improve local economic development and people’s living standards. (Participating reporters: Fu Yunwei, Xu Chao, Su Liang, Shan Yiyi, Wang Pingping, He Lili, Wang Xiangjiang, Liu Yanan, Mao Pengfei, Wang Yi, Liu Fang, Chen Yushan)

The history of Harley-Davidson motorcycle, a century-old legend of American highway

  [Brand History] Professor Commager, an American critic, tried to explore "the elusive thing called the American spirit" in the book "The American Spirit", which is a combination of self-confidence, independence, enterprising, tolerance and freedom, and also contains profound confusion and confusion. Regarding the American spirit, I believe everyone has their own interpretation. If you were asked to find a brand in America that best explains the American spirit, who would you choose? The first thing that comes to my mind is not the car brands, but the Harley-Davidson we are going to talk about today.

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  Since 1903, Harley-Davidson has not only produced countless "exciting products" (Clinton’s evaluation), but also created a riding culture that embodies passion, freedom and independence. In the course of one hundred years’ development, it has experienced many baptism of war, economic recession, buyout and repurchase, foreign competition and market changes, and its success is called the legend of American traditional manufacturing industry. However, for such a brand, it is easy to be over-exaggerated and mythical. In the final analysis, it is only a means of transportation or one of the tools for people to express their personality, and it is not the only one. How to interpret the brand connotation of Harley-Davidson? I believe that a comprehensive understanding of its history is a good way.

● Milwaukee, the birthplace of legend

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Home of the car

  There was no expressway in Milwaukee more than 100 years ago. Most roads were paved with pebbles, and the streets were mostly gravel roads or dirt roads. Wagons are the main means of transportation in this city, while ordinary people without wagons have to walk or ride bicycles. Of course, the difficulties people faced at that time were far more than just traveling, but also incurable diseases and lack of material conditions.

Home of the car

  Although the basic conditions are very poor, the industrial revolution has brought people extremely valuable wealth, which is creativity and imagination, and they are brave enough to try. In those days, gasoline-powered vehicles occasionally appeared on the roads, which always attracted crowds to watch. Most importantly, these vehicles and their related stories inspired the creativity of many young people in the early days, including William Harley, 21, and Arthur Davidson, 20.

Home of the car

  William Harley and Arthur Davidson are both Milwaukee natives. Interestingly, they are both neighbors and work in the same metal factory. William Harley is a cartographer, while Arthur Davidson is a model mechanic. As amateurs, the two of them originally wanted to build a motor vehicle that relied on driving. Nevertheless, the difficulties in making such a car at that time are unimaginable now. You can’t go to the store or buy the parts you need through the mail order catalogue. Most of the parts must be designed and manufactured by yourself.

  They are not just dreamers (), but supported by certain knowledge and technical foundation. William Harley once worked for a bicycle manufacturer and knew about the related hardware. Arthur Davidson has experience in engine model manufacturing. After two years of experiments, they made some progress, but they still needed more help, especially the knowledge about machinery, so they found Arthur Davidson’s brother Walter Davidson.

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  Walter Davidson is a highly skilled railway mechanic. After studying the design sketch, he decided to stay in Milwaukee to help William Harley and Arthur Davidson complete the engine development. At first, their experiment was carried out in the basement of their home, and the first engine was successfully manufactured and then installed on the bicycle. However, they found that the engine was too small to generate enough power, so they had to redesign it.

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  On the door panel of the wooden house, the words "HARLEY-DAVION MOTOR CO" are written, which is the first time that the two surnames of Harley-Davidson have been put together. Perhaps they wouldn’t have thought that this company, which was born in a log cabin, would develop into a legendary enterprise madly loved by car fans all over the world in the near future, and everything in the story really started here.

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  After repeated tests, the first mass-produced Harley-Davidson motorcycle was officially born in 1903, named Serial No.1 The equipment of this car is extremely simple. It can be said that it has two wheels and an engine, and the top speed is only 11km/h. The single-cylinder engine has a row and the displacement is 440ml. At present, Serial No.1 is treasured in the exhibition hall of Juneau Street.

  Interestingly, for a long time, people didn’t know that serial number 1 was the first Harley-Davidson motorcycle. Until one day, when the repair members were disassembling some parts, they found that there was a "1" marked by the original mechanic, and the unexpected discovery made everyone excited.

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  At the beginning of the company’s establishment, although there were only three founders, William Harley and the Davidson brothers still divided their work. Among them, Walter Davidson was appointed, Arthur Davidson was in charge of sales, and William Harley was the chief engineer. In 1907, William Davidson, one of Davidson’s three brothers, joined the team and served as vice president, forming the earliest entrepreneurial team of Harley Davidson. Regarding the history of Harley-Davidson’s birth, there is a video below, and interested friends can have an addiction.

More exciting videos are all on the car home video platform.