Two Sessions Face to Face | Shen Guojun: Seeking New Momentum for Enterprise Development through Industrial Innovation and Transformation Upgrading

On the evening of March 14th, Shen Guojun, a member of the National Committee of the Chinese People's Political Consultative Conference and Chairman of Intime Group, was a guest on the online live broadcast program "Two Sessions Face to Face" on the People's Daily client. He discussed with famous host Cao Jingxing about national policies, how traditional industries can transform and upgrade, how enterprises can seek development through innovation, and how to find new economic momentum.

Talking about innovation: concept change is the most important

In this year's government work report, Premier Li Keqiang repeatedly mentioned the need to "develop and strengthen new driving forces, use new technologies, new formats, and new models, and vigorously transform and enhance traditional industries". The five major industrial groups under Intime Group mainly focus on the real economy. Shen Guojun believes that the main driving force behind the steady development of Intime Group in the past 20 years is innovation, constantly trying and exploring the path of transformation, innovation and upgrading of the real economy. He pointed out that we should "analyze and predict the impact and role of a new technology, new model and new business type on the industry in the future.". For example, WeChat and Weibo were the first to use, and Alipay was also the first to register. In Shen Guojun's opinion, mobile payment technology represented by Alipay and WeChat payment, intelligent logistics technology represented by Cainiao Network, big data application technology, face recognition and other AI technologies are very mature at present

Talking about New Retail: C2B Personalized Customization is the Future Development Trend

As a leading figure in the retail industry for nearly 20 years, Shen Guojun expressed his views on New Retail during a live broadcast.

When talking about what kind of changes will happen in the future and how the retail industry will develop, Shen Guojun said, "C2B personalized customization will become a very important development direction for the future retail industry and a trend in the development of new retail. Personalized customization, using new technologies and retail concepts for personalized customization, will definitely achieve rapid development in the future.

Discussing the Two Sessions: Unprecedented Reform Efforts; Future prospects

One of Shen Guojun's proposals at this year's Two Sessions is to "promote innovative development of cross-border retail and simplify license approval". He said that the reason for proposing this proposal is that with the progress of the times and the development of the economy, new formats, technologies, and models continue to emerge, but they also bring new problems. At present, both the Party Central Committee and the State Council advocate using innovative momentum to support the development of the new economy and encourage innovation. But at the same time, we should keep up with the times in regulatory processes and institutional construction, so that new things can develop and grow in a healthy and orderly manner.

This coincides with the original intention of the "State Council institutional reform" proposed at this two sessions. Shen Guojun said, "We are very excited after watching the adjustment of government institutions this time. The party and government have made a great determination this time, and the reform efforts are unprecedented. After the reform, it can play a very positive and constructive role in the development of the entire Chinese economy and the governance of society. We all support it. Before the end of the live broadcast, Shen Guojun also expressed his thoughts on future development plans. He said, "In the next 10, 20, or even longer years, China's economy will continue to develop rapidly, and Intime's investment focus will still be on the domestic market. We hope to follow the development of the entire Chinese economy and reap a better future."