Figure: Wu Jiangang, Deputy Chairman of YRIC and Chairman of ORSUN group

January 14 2017, Wu Jiangang, Deputy Chairman of YRIC and Chairman of ORSUN group expressed his business view in an interview. He said that the most important factor to determine a company’s success is the transformative business model in this era of globalization and constantly changing business environment. Business model is the core logic of value creation in market economy. Reconstructing business model is a magic weapon for enterprises to gain a competetive advantage and get rid of the dilemma.

Figure: Wu Jiangang, Deputy Chairman of YRIC and Chairman of ORSUN group

Mr Wu believes that policy makers could provide incentives in ways that promote business model innovation. For instance, setting up funds, evaluation rewards and even promotions to support enterprises innvating and trasforming.