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Chairman Yan Hao Attended 2016 Fortune CEO Summit
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Chairman Yan Hao Attended 2016 Fortune CEO Summit
On September 7, the 2016 Fortune CEO Summit was held in Xiamen, Fujian. Pacific Constructions was invited for the participation as one of the world top 500 companies. Chairman Yan Hao made an important speech on the event. 
The Summit was hosted by American Fortune (Chinese edition). The leaders, wellknown entreprenuers, finance heads from world top 500 and China’s top 500 together with experts and scholars celebrated under the same roof, looking forward opportunities and challenges in the next 3-5 years. Mr. Huang Qiang, member of Xiamen Municipal Standing Committee and Executive Vice Mayor made a opening speech. He believes that new environment has brought new challenges and new opportunities. Though the world economy stucks in difficulties, such decline should not be taken with pessimism as there are a lot opportunities to hold at the same time.
Chairman Yan Hao points out that Pacific Construction will meet 2 biggest opportunies: one is China’s constructions upon ubanization, the second is national policy of “One Belt & One Road”At the domestic point, the cuurent urbanization rate is 53.6%, still a distance to 60% in 2026. So there is still a lot space to the target, bringing a comprehensively overall investment in 42000 billion yuan. So the market potantial is huge. At the global point, our country’s One Belt One Road strategy brings chances for companies’globalization, laying a steady foundation forOur industries to spread all over the world. Mr. Yan also stresses that opportunities are always coexiting with challenges, therefore, the timing of private enterprises to competing equally with state enterprises will be the biggest challenge domestically. Internationally,regional investment and trade protectionism will be disaster areas.
Chairman Yan points out the reason Pacific Constructions could have reached such achievement is firstly because our complying with the development of the era and the market needs, secondly because of our growth speed is ahead of the world anverage rate. Pacific Constructions successully grabs the trend of new urbanization in creating optimized and innovative commerce modules, in step with the state promoted PPP. Such act follow up President Xi Jinpin’s targeted poverty alleviation, breaking a way through bramble and thistle to fianally becmes a world top 500 enterprise. To well comply with our time with a strong support from company culture, to fix optimized business modes with cultural heritage, the success of Pacific Construction is ineluctable. 
 
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