Kang Bo, vice-president of Chinese NEV maker Seres, told CGTN in Davos that localization is the key to globalization. Localization is the key to sustainable growth.’
Category
🗞
NewsTranscript
00:00So the Chinese energy industry has gained the competitive edge through sustained investment
00:08and cross-border collaboration. And it has led to advanced product technology, competitive costs,
00:16and overall intelligence. So currently the most challenging issue, the big challenge right now,
00:25is how to get the global consumer to really embrace the Chinese NEV products and also
00:33successfully integrate them into the local market. To overcome this, the enterprise needs to move
00:42beyond the pure trading mindset and fully embrace the localization. The localization includes
00:52the local content, local production, and local employment. Yeah, definitely local integration.
00:59So my personal opinion, localization is the key to globalization and localization is the key
01:07to sustainable growth. Moreover, cultivating the international talent is also very crucial
01:15as the enterprises must identify and also nurture more individuals
01:25with a global view and with a global perspective.