Yuchai's continuous reform and innovation ignite the passion of the public entrepreneurship

In his government work report, Premier Li Keqiang stated: Create a dual-engine of mass entrepreneurship, innovation, and increase public products and public services. Compared with 2014, there was a hot word in the 2015 government report: popular entrepreneurship, innovation.

In the past six months, public entrepreneurship and innovation have long been one of the most frequently used words in this administration. At the Davos Forum in September 2014 in the summer of September 2014, Premier Li Keqiang publicly issued a call for popular entrepreneurship and innovation. He proposed that a new wave of popular entrepreneurship and grassroots entrepreneurship should be created on 9.6 million square kilometers of land, and a new trend of innovation for all people should be formed.

NPC deputy, chairman of the board of directors of Guangxi Yuchai Machinery Group Co., Ltd. and chairman of Guangxi Yuchai Machinery Co., Ltd. in an interview with reporters, said that innovation has become an inevitable choice for the new normal economy.

Representative of the National People's Congress, Chairman of the Board of Guangxi Yuchai Machinery Group Co., Ltd., Chairman of Guangxi Yuchai Machinery Co., Ltd.
Representative of the National People's Congress, Chairman of the Board of Guangxi Yuchai Machinery Group Co., Ltd., Chairman of Guangxi Yuchai Machinery Co., Ltd.

As the leader of the Yuchai Group, Junping has never stopped the pace of innovation. He said that in recent years, during the rapid development of Yuchai Group, there have been some new problems in the company’s system, its products, and its core competitiveness. Under the new normal, it is evident that the company’s product orders have been met. It is a new challenge. This challenge comes from two aspects: on the one hand, companies do not have the large-scale increase in orders that have been stimulated by 4 trillion in the past; second, the central government's energy-saving emission reduction and economic restructuring have put new demands on the company's products. Therefore, at the beginning of 2014, Yuchai Group put forward its second venture with the transformation and upgrading of the enterprise as the core to meet the requirements of the new normal economic development.

Junping believes that the ultimate goal of the second venture is to strive to achieve a higher level of competitiveness in the new normal economy.

"We adhere to the principle of 'receiving and releasing,' 'receiving' means retrieving the 'fist'. If we have core products, we have talent gathered, and we have the 'fist' of the right to take back the industry.' “Using the structural adjustments resulted in some high energy consumption, low technology accumulation, and the state’s unwillingness to give up on development. So our biggest dream is to increase the engine’s overseas market share to about 20% in three to five years. This can truly reflect the fundamental goal of Yuchai's products going internationally."

For more than a year, during the second venture, Yuchai Group has greatly improved the health of the industry and greatly improved the competitiveness of the industry.

In today's popular entrepreneurship and innovation, for an entrepreneur, the point of success can be one of the most valuable experiences in his own entrepreneurial process.

From business innovation to personal entrepreneurship and innovation, what are the experiences of Fuping? How do young people who want to start their own businesses realize their values ​​and dreams? Yuping said that under the new historical conditions and circumstances, young people are now starting their own businesses. Both ideas and values ​​have undergone great changes. In the past, most of the young people would choose the organizational unit, but now young people value the realization of self-worth more, and the choice of occupation is more flexible and changeable. When choosing an industry, most of them will select industries that have good development prospects and have a high degree of integration with the market. The country also establishes a more comprehensive guidance system in relation to related policies and support funds to promote young people's entrepreneurship to the greatest extent.

"Starting business, you should take the initiative to start early. You have to take the initiative." Yu Ping said: "First, the government must do a good job of guiding work, support entrepreneurs from the aspects of policies, funds, etc., and must also organize organizations at all levels and trade unions. With concern and help, some outstanding entrepreneurs must shoulder their own responsibilities and provide guidance to young people in their ability to create a good entrepreneurial atmosphere. Only in this way can we really ignite the enthusiasm of the public entrepreneurs."

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