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Persist in Pragmatism and Boost Real Economy

Release Time:2017/3/24 3:27:39  Full Screen

 

People’s Daily Publishes an Commentary of Mr. Tu Jianhua, Deputy to the National People’s Congress and Deputy Chairman of Chongqing Association of Industry and Commerce

Empty talk would lead the country astray, and hard work can rejuvenate the nation. When it comes to real economy, pragmatism that values hard work is the pillar for real economy. Without the dedicated pragmatism, development of real economy will become just another empty talk.

If a country’s economy is to be compared to a big tree, real economy is definitely its root. Only when it’s deeply rooted, a tree can truly flourish. It was raised in Central Economic Work Conference last year to “boost real economy”, and real economy was emphasized in Report on the Work of the Government during Two Sessions, both displaying the importance our nation has been attaching to real economy on a strategic level. “Made in China 2025” was mentioned three times in the report, providing a blueprint for boosting real economy. Meanwhile, a series of specific measures were raised to boost real economy, including encouraging craftsmanship, promoting craftsmanship culture, cultivating “China’s craftsmen”, and creating more world-class “China’s brands”. It was also stated that financial agencies should highlight its main business with a focus and enhance its capacity to serve real economy. It was especially cited that policy should lean to real economy, and taxes and fees should be reduced to release real economy.         

Of course, we should also be aware that real economy has a comparatively longer development cycle and higher requirements for technology, management and specialty of products. With an improving external environment, the immediate challenge of real economy for entrepreneurs is how to boost the internal drive.

Honesty, pragmatism, dependability, and efficiency are essential to entrepreneurship. If a business is opened for short-term profits, it will not become a big brand. If a business is opened to simulate an action, it will only be a “flicker” in the capital market. Real entrepreneurs are those who create wealth for social development beyond personal interests. Only with pragmatism spirit can one harmonize strategy, management and culture in trinity, and inject the hard-working ethic into his/ her enterprise.

When talking about economy, people tend to mention mode. Considered in the top-level design of an enterprise, mode is definitely important. However, we should be alerted that pragmatism is vanishing when many people are fond of making up concepts and stories with the idea of “mode”. Empty talk would lead the country astray, and hard work can rejuvenate the nation. When it comes to real economy, pragmatism that values hard work is the pillar for real economy. Without the dedicated pragmatism, development of real economy will become just another empty talk.

Core competence, the soul of real economy, originates from innovation. While China’s real economy is in the key phase of upgrading, pragmatic innovation is therefore extremely important. It is also the inevitable road to innovate while learning for China’s real economy to develop. Such experience is demonstrated by how Chongqing Loncin developed and flourished. Loncin has a manufacturing history of over 30 years, with the most precious innovation experience being the 12 years Loncin cooperated with German BMW in the field of motorcycle motor. Thanks to it, Loncin is now able to manufacture industrial unmanned helicopter with stable performance. Innovation also requires pragmatism. Sometimes, innovation is not about “making something out of nothing”, but about “making something better”. 

Nowadays, the gap between China’s real economy and the developed ones lies in quality instead of quantity. It is obviously reflected on the quality of products whether a real economy is efficiently developing. It is the only way out for the development of China’s real economy to continuously improve quality of products made in China. The competition of market is in the end the competition of quality. Only product with good quality can drive the enterprise into future and onto the peak of the market. On the contrary, if the product of an enterprise falls “trapped as inefficient product”, the enterprise is doomed to lose its growth power. What applies to an enterprise can also be applied to China’s real economy.  

With the four factors of honesty, pragmatism, dependability, and efficiency accomplished, China’s real economy can be internally rejuvenated. Let us make a joint endeavor to enhance China’s economy to a new level. (Report in People’s Commentary Column on the 5th page of People’s Daily on March 14, and on the 10th page of Chongqing Daily on March 21.)