Cao Dewang: The United States’ proposed restoration of manufacturing power is not so easy.

On September 16, at today's 'China: Reforming a New Realm of New Era,' China Development Forum, Fu Yao Glass (03606) Group Founder and Chairman Cao Dewang said that the trade complementarity between China and the US is very Strong, and the United States proposed to restore the manufacturing power is not so easy. He admits that now in the United States factory, 'employed people, lack hundreds of people, can not hire'.

In addition, Zhitong Finance APP learned that trade friction also delayed the original retirement plan of Cao Dewang. He said: 'If this happens, you may know that Fuyao has announced that I am going to retire in September, but this After the incident, I think it is not appropriate, and I have to drag it for a while. Zhitong Finance has previously reported that Cao Dewang has arranged for the eldest son Cao Hui to take over.

Cao Dewang also said in the forum, 'I don’t mean to go to industrialization today, I can produce something tomorrow, it’s impossible, or sit down and negotiate with both sides. He wants everyone to put down the shelf, don’t talk, and take responsibility for the two countries. The people solve the problem. 'The United States needs China, and China needs the United States. The China-US Friendship Association promotes the effective and stable development of the global economy. In this period, I use this method to solve my own crisis. I think that is irresponsible. History will have a judgement, what is going on in the end. 'Cao Dewang said.

The following is a record of his speech:

Cao Dewang: First of all, let me declare that my statement does not represent any institution, including the Fuyao Group, which I work for, only on my behalf.

I rarely participated in such an event. I was very interested in this invitation. I mainly wanted to hear about the Sino-US trade war. If this happened, Fuyao has already announced it, I am preparing 9 Retired in the month. After this incident, I think it is not appropriate to retire.

I personally witnessed the 40 years of reform and opening up. The Americans are now accusing us. Of course not all Americans, most Americans. Just Mr. Zoellick’s speech, I agree very much. As a retired person, I want to tell those people. You should be serious and solve the problem in a way that both sides can accept. Sino-US trade friction should have a very serious and responsible attitude. Because Sino-US friendship is hard-won, 30 years of cold war, followed by Nixon Two very good politicians with Deng Xiaoping have contributed to this matter. Now I have to argue about this all day, I don’t think it means much.

I experienced this. In 1978, reform and opening up was proposed. At that time, China was very poor. It was 1995 to buy goods by ticket. In a few years, we joined the WTO and joined the WTO in 2001. It is only 18 years until this year. How did we come over in these 18 years, what have we done? China has responsibly saved the 1997 Asian financial crisis. If there was no China, the world would be chaotic, and the 2008 US financial crisis would be advanced. In the crisis, the Chinese people jumped out without hesitation. In Paulson's autobiography, he wrote this paragraph. He came to seek coordination from the Chinese government. All the leaders of Wang Qishan stood up and echoed him. In 2008, the Chinese went to the United States, and the Chinese jumped in. China The government has a commitment to join the WTO.

China is a country with a transitional society. It is inevitable to be aware of the treaty. The unified thinking of 1.3 billion people is a process problem. I think the Chinese negotiators should also acknowledge that these issues are realities and should be listed as how to change. I often think of a problem, Chinese people. There is not enough research on Americans, and Americans are not enough research on Chinese people. I said that you should not come here. When I averaged GDP, I was ranked more than 100. Since it is more than 100, it should not be Protected country? And the Chinese personality is strong and difficult to talk about, you point the gun at him, you ask him not to change, he said that I will not change, you shoot. What do you do? The complement of Sino-US trade Very strong, China imports Boeing aircraft from the United States, it is easy to buy a plane. The parts of an aircraft are more expensive than the plane. We can not buy Boeing aircraft, but do you want to buy parts? You must buy it, or we can't fly. What the United States needs, just now Ning’s chairman said, Nike’s shoes have all been moved to foreign countries for production. There is no factory in the country. Now that I am resuming a manufacturing power, I said that you wait a minute. De-industrialization began in the mid-1970s. of, By the 40 years of this year, nothing has happened. The boss of the investment factory is gone, the workers are gone, the management cadres are gone. I have been working on the factory for 23 years. Now we can’t hire people, we lack hundreds of people. I can't hire. I have a factory in Ohio. What's the problem? You want to restore the manufacturing powers, but also mobilize all policies, laws, regulations, and ideas to the level of the 1970s. If you don't mobilize relevant policies, I believe I can't do it. It's not that you go to industrialization today, you can produce things tomorrow. There is no door. Still have to sit down and negotiate in real terms.

The United States should not add anything that is not on the Chinese. The Chinese should admit that I have promised not to implement it. The American Chamber of Commerce also discussed this issue with me. I told Alan that you should not talk nonsense. We After speaking clearly, I will report to the people. On the issue of Sino-US trade, I hope that China should carefully consider and cherish the friendly relations between the United States and China. I went to ask many Chinese people. He said that he is not afraid. Because the ranking is more than 100 It doesn't matter if you are going to the back. If he really thinks this way, the United States will definitely be finished. I don't think it is appropriate to deal with it. Both sides should look for a direction for progress. This is the solution to the problem.

Come here to attend this meeting, I want to say my point of view, seek the attention of experts, scholars and government officials from all over the world, let everyone down the shelf, don't talk arrogantly, and solve the problem for the people of both countries seriously. The United States needs China. China also needs the United States. The China-US Friendship Association promotes the effective and stable development of the global economy. At this time, using this method to solve its own crisis, I think that is irresponsible. History will judge what happened.

I will talk about it here, thank you all!

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