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Capt. Xu Lirong attended and delivered speech at the 18th Annual Meeting of China Development Forum

On March 18, Capt. Xu Lirong, Chairman of COSCO SHIPPING Group and Secretary of the Party Committee, attended the 18th Annual Meeting of the China Development Forum hosted by the Development Research Center of the State Council and organized by China Development Research Foundation at the Diaoyutai State Guesthouse in Beijing, and also delivered a speech at the sub-forum of “New trend of global layout of the manufacturing sector”.

In the speech, Capt. Xu Lirong expressed that the current global layout of the manufacturing industry will show the characteristics of diversification, and high-end manufacturing is gradually transferred to Asia. China will continue to occupy an important position in the world, and exert an important influence and become a sustained driving force. At the same time, intelligent manufacturing and green manufacturing will guide the new industry layout. He pointed out that the adjustment of the global layout of the manufacturing industry will have a far-reaching impact on the shipping industry, and the manufacturing sector and the shipping logistics industry will witness deeper integration. The shipping industry needs to improve its services, gain a deeper insight into the needs of the manufacturing industry, enhance the value creation ability, and extend to both ends of the shipping routes and create new value-added services by creating innovative business model, offering new products, and breaking through the traditional service boundary. It aims to offer “specialized, precision, and leading-edge” customization and standardization services, provide better protection for the development of the global manufacturing industry, and assist the global development of the manufacturing sector. Meanwhile, it also promotes the development and upgrading of global integrated logistics services. Regarding overseas business development, adopting the people-oriented policy, strengthening exchanges with overseas employees, and focusing on cultural integration are of critical importance for promoting the development of overseas business, added Capt. Xu Lirong .

During the annual meeting, Capt. Xu Lirong also held talks with Mr. Murilo Ferreira, President of VALE, and exchanged views on how to further deepen cooperation in the future. The meeting was also attended by Mr. Ye Weilong, Executive Vice President of COSCO SHIPPING.

Since its inception in 2000, China Development Forum has been held annually. This year’s forum is themed on “China and the World: Economic Restructuring and Structural Reform”. Representatives include Chinese government leaders, heads of international organizations, CEOs of Chinese and foreign multinational and famous scholars. The Forum has now become a key platform for the Chinese government to carry out economic diplomacy, participate in global governance, and disseminate and give play to China’s international clout.

Company profile
Established on 28th August, 1994, COSCO SHIPPING (Hong Kong) Co., LIMITED acts as a vital part of China COSCO Shipping Corporation Limited (hereinafter referred to as China COSCO Shipping Group or the Group) in terms of service industry and social industrial cluster with main business including shipping service, highway, information technology, industrial manufacture, freight services and overseas property development etc. COSCO Shipping Group has engaged in business in Hong Kong for more than 60 years and has developed one of the large Chinese enterprises in Hong Kong.
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