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Yan Hao Held Separate Talks with Huang Mengfu, Honorary Chairman of the All-China Federation of Industry and Commerce, and Hu Deping, Son of Hu Yaobang
On the eve of the "Dacheng Business Leaders Salon" on May 21, Chairman Yan Hao held separate talks in Hangzhou with Huang Mengfu, former Vice Chairman of Chinese People's Political Consultative Conference (CPPCC) and Honorary Chairman of the All-China Federation of Industry and Commerce (ACFIC), and Hu Deping, son of Hu Yaobang and member of the Standing Committee of CPPCC. They exchanged in-depth views on the development of Chinese private enterprises since the reform and opening up, the strategic layout of CPCG both at home and abroad and latest Chinese hot news.

During the talks with Huang Mengfu, Yan Hao introduced the development of CPCG in recent years. He pointed out that CPCG, in active respond to the national “Belt and Road” initiative, has relocated to Xinjiang and took the lead in participating in the construction of the core area of the silk road economic belt. CPCG also focuses on Guangxi and facilitate to build it into an important hub of the 21st century maritime silk road. With its expansion in the domestic market, CPCG has achieved quite a lot in the international markets, for instance, the Sabah project and subway project cooperated with Ukraine and Malaysia are progressing smoothly. The Kiev subway project signed with the Ukrainian government together with a Chinese state-owned enterprise has set a good example of cross-border and cross-system cooperation. He stressed that as a private enterprise, CPCG is willing to assume more social responsibilities, participate in activities of ACFIC in the future and make contribution to the Federation in the new era.

Huang Mengfu said that it has been 40 years since the reform and opening up. Over the 40 years, Chinese private enterprises has experienced various hardships, but also created miracles and made remarkable achievements. However, how to maintain such achievements? This requires all sectors of society to consult together. He said that ACFIC welcomed Mr. Yan Hao to engage in its activities and was willing to offer support to jointly write a new chapter for ACFIC’s development.

Hu Deping said that the first generation of entrepreneurs have overcome all difficulties and made great achievements over the past 40 years of reform and opening up. The second generation of entrepreneurs, taking over enterprises from their fathers who had worked so hard to build, should operate the businesses innovatively and sustainably. The smooth transition between the two generations of CPCG is a typical example.

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