Weichai's achievements in opening up overseas markets have been recognized by the leaders of the Ministry of Industry and Information Technology
On September 25, 2015, Fan Bin, Deputy Director of the Department of Policies and Regulations of the Ministry of Industry and Information Technology, visited Weichai . Xu Hong, Secretary of the Party Committee and Deputy General Manager of the Group, accompanied the research group to visit the company.
The leaders of the Department of Policy and Regulation of the Ministry of Industry and Information Technology came to Weichai
Xu Hong, on behalf of Tan Xuguang, welcomed the guests' visit. Xu Hong said that in recent years, under the care and support of all levels of industry and credit departments, Weichai Group has persisted in “endogenous growth, innovation-drivenâ€, actively changed the way, adjusted the structure, and promoted the orderly development through the two-wheel drive of product management and capital operation. The introduction of foreign capital, overseas investment and cross-border mergers and acquisitions has enabled Weichai brand to fully go global, and the company’s overall competitiveness and brand awareness continue to increase. Through strengthening export trade, an international market network has been built; through the implementation of cross-border mergers and acquisitions, the strategic layout of globalization has been accelerated; by accelerating the pace of localization, overseas market segments have been consolidated, and capital and technology have been used as links to make overseas products available. Local resources have achieved rapid development.
Fan Bin affirmed Weichai’s achievements in recent years. He pointed out that with the advancement of the national “One Belt and One Road†strategy, China’s equipment manufacturing industry relies on the unique advantages of connecting sea and land with ASEAN countries in the open pattern of the country’s opening to the outside world. The status is more prominent. We hope that Weichai will make good use of the "One Belt and One Road" strategic opportunity to achieve cross-border cooperation in a wider area and in a wider range, to make the company bigger and stronger, and to make greater contributions to promoting the development of the industry.
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