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Introduction

13th China Industrial Forum was held successfully at Diaoyutai State Guest Hotel in Beijing on July 15th, 2017, guided by China’s Ministry of Industry and Information Technology, supported by China Federation of Industrial Economics and sponsored by CINN. Mr. Wang Min, Chairman of XCMG and Secretary of the CPC XCMG Party Committee attended the forum and delivered a wonderful speech.

The Theme of 13th China Industrial Forum

“Deepen structural reform on the supply side and fully implement ‘Made in China 2025’.”

VIPs attending the forum

Gu Xiulian (Vice Chairman of China’s 10th NPC Standing Committee and Honorary President of China Federation of Industrial Economics), Chen Yuan (Vice Chairman of the 12th CPPCC National Committee), Li Yizhong (Member of the Standing Committee of CPPCC National Committee, Deputy Director of Economic Committee of CPPCC National Committee, Former Minister of Ministry of Industry and Information Technology and President ofChina Federation of Industrial Economics), Li Wei (Director of Development Research Center of the State Council) and Cai Guanshen (President of The Chinese General Chamber of Commerce, Hong Kong) attended the forum and delivered keynote reports. About 300 people including relevant leaders of the Ministry of Industry and Information Technology and the Ministry of Commerce, industrial organizations and enterprise representatives attended the meeting.

A string of latest figures attracted the attention of all the participants at the scene

The Chairman Wang Min attracted the attention of all the participants at the scene with a string of latest figures at the beginning of his theme speech. He said, “Half of the year 2017 passed just now while XCMG has received continuous exciting news:”

The world’s first eight-axis 1200-ton all-terrain crane specially designed for wind power by XCMG was put into service for large client in the field of electricity system on July 10th, 2017. The crane dominates domestic market of super mobile cranes above 100 tons with a market share of 60% and completely replaces imported products;

The world’s largest 1200-ton all-terrain crane was put into service

The sale of XCMG’s large mining excavators above 70 tons in the first half of this year exceeds the annual sale of last year, ranking the first on the domestic market with a market share of nearly 50%. XCMG has also gained large overseas orders that can change the competitive pattern of the world’s mining machinery industry. Only XCMG’s large mining excavators and large mining tippers above 100 tons form a complete set and own independent brand among domestic mining machineries;

Large mining excavators above 70 tons ranked the first in the domestic market

By virtue of the large overseas orders gained continuously by XCMG from various “B & R” national super-large projects such as the world’s largest oil refinery project in Africa, the total export of XCMG in the first half of this year increases by 90% on year-on-year basis and ranks the first among domestic counterparts.

The world’s largest refinery project in Africa

The Chairman Wang Min said, “These achievements we have made are hard-won as XCMG was at industrial bottom at this time last year due to continuous slumps for five years. The key to our success lies in that we have put forth to improve ourselves and worked hard to transform our structure with extremely strong strategic willpower and that we have fought a battle concerning structural reform of supply side which is inevitable and has to be completed in our journey of ‘Made in China 2025’.”

“Six Unswerving” occupied the commanding heights of global competition

The Chairman Wang Min selected “Six Unswerving” as the topic and expounded from six aspects the  experience and practice of XCMG concerning implementing the gold standard of “Leading Technology, Everlasting Products”, embracing lofty ambition and great aspiration to make breakthroughs with key elements, stepping on the stage of international market, making breakthroughs with intelligent manufacturing and intelligent interconnection equipment, cultivating a number of industrial champions and hidden champions, and establishing World Wisdom Group and XCMG Outstanding Talent Culture.

He pointed out, “Construction machinery attaches great importance to advance and durability. If we cannot make breakthrough in terms of high reliability, we will always be at the medium and low end and at low level. The key to achieving the strategic objectives of “Made in China 2025” lied in putting effort in implementing XCMG’s gold standard of “Leading Technology, Everlasting Products”. Once we make it, we can enhance our economic efficiency significantly and occupy the commanding heights of global competition.”

The success secret of XCMG

When talking about the success secret of XCMG, the Chairman Wang Min emphasized, “The biggest difference between XCMG and other enterprises lies in that XCMG has excellent corporate culture and it forges with courage and tenacity a fighting spirit that is unique to XCMG. Considering “Taking great responsibilities, Acting with great morals and Making great achievements” as core value and “Self-discipline, Practicality, Passion, Innovation” as corporate spirit, the “outstanding talent culture” of XCMG have influenced staffs generation after generation at their spiritual level and create healthy industrial and ecological environment.”

Under such a good corporate culture, none of our backbone elites leave XCMG in face of high-salary temptations from our counterparts. This shows the strong cohesive force and unlimited positive energy of the brand and culture of XCMG. All these are the solid foundation for XCMG to achieve quality, profitable, sizable and sustainable growth in the next five years and ten years and build a world-class long-lived enterprise.

Enter the world’s construction machinery deluxe club

The Chairman Wang Min finally pointed out, “XCMG has set a goal: to rank the top three in the global construction machinery industry and enter global construction machinery deluxe club when the strategy of ‘Made in China 2025’ comes to an end. This is also the pursuit of all Chinese equipment manufacturers. After decades of struggle and development, XCMG is already only hundreds of meters away from the peak of global construction machinery. With quite strong strength and foundation, it shall bear the responsibility to make a sprint towards the peak and it has the ability to achieve this goal through our efforts step by step.”

The Chairman Wang Min said, “As long as we work hard, advance steadfastly and adhere to putting forth efforts in climbing, I firmly believe that XCMG can achieve the goal of reaching the summit of ‘Mount Everest’ in terms of global high-end equipment manufacturing industry and develop into a strong world-class long-lived enterprise and brand for China!”

GU Xiulian, Vice Chairman of China’s 10thNPC Standing Committee and Honorary President of China Federation of Industrial Economics, met and held friendly exchanges with the Chairman Wang Min

The wonderful speech delivered by the Chairman Wang Min won warm applause from the participants. The governmental leaders and guests at the scene fully affirmed the achievements made by XCMG concerning long-term adherence to innovation and transcendence as well as in the internationalization and world-class process, thought highly of the special value connotations of the “Outstanding Talent Culture” of XCMG and highly praised XCMG’s unswerving pursuit of reaching the summit of “Mount Everest”. All of them said that they were quite shocked after listening to the speech of Chairman Wang and that XCMG was worthy of benchmarking enterprise for China’s equipment manufacturing industry! Xiong Meng, Vice Executive President and Secretary General of China Federation of Industrial Economics, told Chairman Wang: “Your speech makes our blood boil!”

Demonstration project of the first (set) of major domestic technical equipment 

In addition to the main forum, three theme forums were also set up, i.e.“Enterprise Innovation and Development”, “Belt &Road and International Industrial Cooperation” and “Intelligent Manufacturing”.

At the same time, the forum also carried out release and recognition campaign of “Demonstration Project and Users of the First (Set) of Major Domestic Technical Equipment”. This campaign aims to promote positive energy, highlight model strength, promote industrial enterprises to regard high-tech as the core, break through key limiting link with utmost effort and form their own core competitiveness, and promote the upgrading of the whole industrial chain, vigorously promote industrial restructuring and upgrading, and promote the shift from “Made in China” to “Created in China.”

XCMG’s Heavy-Duty XCA450 All-Terrain Crane

XCMG’s Basic XR550D Rotary Drilling Rig

XCMG’s JP80 Water Gun Fire Truck for Firefighting

Three major innovative products of XCMG: heavy-duty XCA450 all-terrain crane, basic XR550D rotary drilling rig and JP80 water gun fire truck for firefighting are chosen as 2017 “Demonstration Project of the First (Set) of Major Domestic Technical Equipment”.