Lenovo: Marching towards high-end manufacturing!

On the afternoon of September 20, Lenovo Group Chairman and CEO Yang Yuanqing delivered a speech at the 2019 World Manufacturing Conference, expressing his views on how to transform from a manufacturing power to a "manufacturing powerhouse."

Yang Yuanqing believes that in order to achieve the leap from a manufacturing power to a "manufacturing powerhouse", it is necessary to pay attention to three changes:

First, the connotation of manufacturing should be changed from merely "making clothes for others", doing OEM for others, and manufacturing without a brand, to producing products with international brand influence;

Second, the manufacturing objects should be transformed from simple follow-up products to products with more innovative connotations;

Third, manufacturing capabilities must shift from low- and medium-end manufacturing that releases resource dividends and is characterized by low costs, to high-quality medium- and high-end manufacturing that releases efficiency dividends.

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