Shulou(Shulou.com)11/24 Report--

There is no doubt that the "going out" and globalization of China's scientific and technological innovation is a phenomenon of the times. In the current world, which is increasingly torn apart and stirred up by the sound of "anti-globalization", it deserves more attention and research.

Of course, there are also some confusing facts: recently, many people feel that Singapore has become an outpost for China's scientific and technological innovation to "go global". Byte jump's TikTok and Alibaba's international e-commerce platform Lazada have established regional headquarters in Singapore; fashion cross-border retail e-commerce company SHEIN has set up the main body of the holding company in Singapore; some domestic programmers and product managers have moved to Singapore to join the hot Chinese-founded Internet companies there. Many Chinese venture capital institutions, investors and adventurers keen on blockchain and cryptocurrency have also flocked to a country smaller than King Fahd's airport, earning it a reputation as "Silicon Valley in Asia".

Geographically, Singapore is Asia's gateway to the western Pacific and Indian oceans, making it a hub for shipping and services. from a cultural point of view, Singapore is a multicultural and multi-ethnic immigrant country with Chinese making up the majority of the population. it is a melting pot of Eastern and Western cultures and values. Looking at economy and business, Singapore has low taxes on business and consumption, the government encourages investment in industries and emerging technologies, and has the inherent attributes of globalization and geographical and cultural barriers. All this makes Singapore look like an outpost for Chinese technology companies with global ambitions-many people and companies have already "voted with their feet".

However, if we take an inventory of the Chinese Internet companies, entrepreneurs, investors and adventurers who have flocked to Singapore, watch what they do in Singapore, and then have an omni-directional and multi-dimensional understanding of the nature of scientific and technological innovation, and have a deeper understanding of the real advantages and resilience of China's information technology industry, we will realize that China's scientific and technological innovation is "going out." The "promised land" that has become an important contributor to global scientific and technological innovation may be elsewhere.

On the side of the hustle and bustle of hot money rushing to Singapore, the capture of the Lion City by the new and old giants of the Chinese Internet, the crowded cryptocurrency conference, another "small country" in another direction of the earth in the past two or three months, there has been a lot of "China news" related to information technology--

On September 5, Chinese power battery manufacturer Ningde Times signed a pre-purchase agreement in the eastern Hungarian city of Debrecen to launch the Ningde era Hungarian factory project.

On September 16, the representative of the "new power" of China's new energy vehicles, Xilai Motor, completed the first off-line replacement of the power station at the Lulai European plant invested in the state of Peso, Hungary.

Earlier, on June 14, Lenovo officially opened its factory in Ullo, an ancient town on the outskirts of Budapest, Hungary. Lenovo's Budapest plant now produces 1000 servers and 4000 workstations a day, with an average of one server offline every minute and one workstation delivered in 15 seconds.

The picture shows the Budapest factory of Lenovo Group, located on the outskirts of Budapest, the capital of Hungary.

Hungary, a thousand-year-old country located in the interior of the Pannonia Plain of Central Europe, an EU member of the border zone between Eastern Europe and Western Europe, a moderately developed country with scarce natural resources, agriculture and industry as the pillar and per capita GDP of US $18800, is becoming an outpost and bridgehead for another kind of Chinese scientific and technological innovation enterprises to "go global".

Why Hungary is an interesting question in itself.

Singapore V.S. Hungary: the two mirrors of "going out" compare the Chinese technology companies that have camped in Singapore and Hungary, and it is easy to see the difference between them. Almost all of the Chinese technology companies and practitioners attracted by Singapore are related to the "virtual economy"--

TikTok is a global video traffic behemoth with algorithm as its core. Lazada is now a global e-commerce company based in Southeast Asia deeply transformed by Alibaba's marketing, logistics and transaction methodology. They all realize their business value through massive data and traffic. Not to mention cryptocurrency adventurers under the banner of blockchain. In the face of the growing rift between China and the United States, Singapore has also become a haven for some Internet and investment tycoons. In the past two years, Singapore has played a more important role in leveraging global venture capital and listing. Needless to say, the Chinese Internet giants, investment tycoons and newly rich gathered in Singapore are simple, clear and direct in their demand for quick cash generation and asset risk aversion through "digital" and "traffic".

Unlike Chinese technology companies that extend their tentacles in Hungary, they are generally a bit "hard"--

Ningde era, which plays an important role in the field of new energy car batteries in the world, comparable to Qualcomm to smartphones, invested in the construction of the second European factory in Hungary after Germany. Ningde era is undoubtedly recognized as a new energy "hard technology" company with independent core technology. Similar to the situation in the Ningde era, there is also Yiwei LiNeng to build a factory in Hungary. Xilai Automobile is the representative of the "new power" of China's new energy automobiles. In addition to building cars, it has also recently independently developed and produced car batteries and "car-electricity separation" exchange stations. Recently, it has put into production and delivered products in Hungary. Is a power station exchange plant.

Picture source: screenshot of the official website of Ningde era

Lenovo, which has started building servers and workstations in Budapest, Hungary, is an established technology company compared to emerging Chinese hard-tech companies such as Ningde era, Yiwei LiNeng and Weilai Motors. Lenovo's investment in artificial intelligence, edge computing and supercomputing is actually huge, reflected in solutions for government and corporate customers. On the other hand, as a consumer company that produces computers, smartphones and workstations, Lenovo has a high degree of manufacturing intelligence, which improves its delivery efficiency, and is also the embodiment of the deep integration of hard technology into advanced manufacturing.

Through Ningde Times, Lulai Automobile and Lenovo Group, together with the earlier Huawei and BYD, we can see a clearer thread: the factories they have invested in Hungary are all visible and tangible, and they are the real economy of the manufacturing industry; they generally have independent key core technologies, or have realized the close integration of advanced technology and advanced manufacturing. They all have clear business plans for globalisation, especially for Europe. Hungary is not only part of this long global supply chain, but also an outpost.

Whether to go to Singapore or Hungary is the difference between "virtual" and "real"; it is also the difference in the choice of globalization path between "light" and "heavy" technology companies; what's more, it highlights the extremely significant differences in the two views on China's role in the process of globalization.

It is not difficult to find that Singapore is an "offshore center" (off-shoring center). It is isolated overseas, is the hub of world shipping, finance and trade, and strives to maintain its detached position in the increasingly turbulent and superimposed bilateral relations between China and the United States. This means that the global headquarters is placed in Singapore, and even the whole family is relocated to Singapore, in the context of the prevention and crackdown of US technology companies with certain global influence on China. Strategies to avoid the risks of globalization. They try to exchange for the "vagueness" of identity by virtue of Singapore's detached status and balance strategy between East and West, especially between China and the United States. It seems that it has achieved a certain degree of cutting with its own business in China, forming a "detached" relationship. It can be said that Singapore is a springboard for them to "pull themselves away" from a situation that has not changed in a century. For enthusiasts of blockchain and cryptocurrency in China, Singapore is both a refuge and an island of adventure.

The balance is easy to break. It is also temporary to pull away from the turbulent and superimposed international situation and the competitive environment of science and technology, hoping to achieve self-preservation. Singapore's geographical location, land area, population size and industrial structure all determine that it can only play the role of "offshore center" and lack the necessary strategic depth. What can not be ignored is that while Chinese Internet adventurers enter Singapore on a large scale, it is also an outpost for the United States to deeply influence the situation in the Asia-Pacific region and even the industrial layout. As a country that once held a leading position in industrial manufacturing, especially semiconductor industry in Asia, it remains to be seen what role Singapore will play in the replacement process of US cutting-edge industrial manufacturing from "Off-shoring" to "Ally-shoring" delivery. At the very least, the influx of Chinese Internet traffic, transactions and cryptocurrency players cannot offer unmatched allure. Singapore's balance is actually inherently vulnerable.

Then look to Hungary: a landlocked country in the hinterland of central Europe, surrounded by Slovakia, Serbia, Croatia, Romania and Slovenia, the northwest is adjacent to Austria, which made up the European power of Austria-Hungary in the 19th century, and the northeast borders Ukraine, the focus of the current world conflict. The geographical environment determines that Hungary cannot become a financial and offshore center, and its natural resources are relatively scarce, but Hungary has a good foundation for agricultural and industrial modernization. The export-oriented economy that supports local manufacturing is the lifeblood of Hungary's economic growth. Interestingly, Hungary also plays a geopolitical balancing role: it is a member of the European Union and NATO, but it is less constrained by the will of the West on international issues. this is evident from Hungary's insistence on promoting the "opening to the east" policy formulated as early as 2010 against the backdrop of increasingly frequent US "decoupling" actions against China and the EU's forced response in recent years.

Image source: Britannica

Unlike "light investment" and offshore "virtual headquarters" in Singapore, Chinese companies are building factories in Hungary, bringing jobs and upgrading local manufacturing. In line with Hungary's better precision instruments, information electronics and car manufacturing base, it is in line with Hungary's national policy of "opening up to the east" and is clearly welcomed by the Hungarian government.

On the other hand, factories in Hungary, such as Ningde Times, Weilai Motors and Lenovo, are not satisfied with local delivery. They use Hungary as an outpost to provide products to the vast areas of EMEA (Europe, Middle East and Africa). The Ningde-era plant in Hungary will become the largest energy battery factory in Europe, with customers from established European automakers such as BMW, Mercedes-Benz and Volkswagen, which are in urgent need of full electrification. Weilai's Hungarian power station mainly serves its car rental business, which has just been launched in Europe. Europe, the Middle East and Africa have always accounted for 1/4 of Lenovo's global revenue. Lenovo overtook Hewlett-Packard to win the crown of the region's PC market in 2021, which is of strategic significance; at present, 90 per cent of servers and about 50 per cent of Think desktops and workstations produced by Lenovo's Budapest plant are sold to customers in Europe, the Middle East and Africa.

Chinese technology companies planting "nails" in Hungary is not an isolated offshore move, nor is it a stopgap arrangement for a technology company to blur the "China label", let alone an elaborate plan to cut the global business from China. On the contrary, it is a process in which Ningde era, Ulai and Lenovo export their technical barriers, capacity advantages and supply chain experience in China, using Hungary as a hub to connect supply and demand between China and Europe more seamlessly. More importantly, it has upgraded its supply chain: copying the Chinese experience of "advanced manufacturing" to places that are suitable for it to take root, transform it into its own competitive advantage, and conform to its own strategic intention of globalization. in turn, it will improve the resilience of the supply chain of a Chinese technology company with technical barriers.

More and more facts show that the United States' prevention and crackdown on the competitiveness of Chinese science and technology companies and scientific and technological innovation usually does not lie in the Internet and digital economy, but is mainly aimed at China's extreme blockade and crackdown in the fields of artificial intelligence, quantum mechanics, supercomputing, 5G communications, and advanced semiconductor process technology. Among them, "decoupling and breaking the chain" is an important agenda, that is, starting from restricting the production of chips with the most advanced processes and processes in China, and further restricting the manufacture of General Semiconductors in China, then blocking and affecting the manufacture and even assembly of other high-tech hardware products in China, corroding the Chinese supply chain like steel, and shaking the dominant position of China's supply chain established in the world for more than 30 years. Finally, it will affect the process of China's scientific and technological innovation and block the pace of China's entry into the ranks of innovative countries.

In this context, we should strengthen the global deployment of the supply chain, replicate and export the capabilities of advanced manufacturing and new industrialization to other suitable countries and corners of the earth that are in line with the interests of Chinese enterprises and China as a whole. enhance the degree of globalization of a Chinese technology company or even China in a certain science and technology segment industry, and "go against the trend" to construct the resilience and flexibility of China's supply chain. In fact, the supply chain with high-tech blessing in a country like Hungary has become part of China's battle for scientific and technological innovation and defense.

Whether to go out to Singapore or Hungary is the difference between reality and reality, between importance and reality, and between "staying out of it" and "staying inside" in the challenge and change of reshaping the global science and technology industry. it is a mirror image of two different world views and values.

"going west to Yangguan Hungary": another globalization paradigm to bid farewell to "going out to sea" Hungary has become a "target" for Chinese scientific and technological innovation companies to invest in building factories and enhance the flexibility and resilience of the supply chain, for reasons from history, the present and the times. A very important point is that Hungary itself is as flexible and resilient as the Chinese supply chain.

Contrary to the stereotype of some people, Hungary is a "small inland country" located in Central and Eastern Europe. Historically, Hungary was once a Western power and an important part of the Austro-Hungarian Empire, one of the European powers in the 19th century. In the 19th century, during the rapid industrialization of Europe promoted by the two industrial revolutions, Hungary gained the convenience of industrial growth because of its political power status, which made it lay a solid manufacturing foundation: as early as before the first World War, the Austro-Hungarian Empire was famous in the ascendant automobile industry for its own car brands Marta and Magomobil.

After World War II, Hungary, together with Eastern European countries, embarked on the road of nationalization of manufacturing. At the same time, subject to the demand of the Soviet Union, metallurgy and energy mining became the mainstream of industry, and the once leading manufacturing industry declined. At the end of the 20th century, after the end of the Cold War, by virtue of its geographical location and cheap labor, Hungary once again became the preferred investment destination for European and American automobile manufacturers. The top 10 automakers in the world have all set up factories in Hungary. Mercedes-Benz and Audi have both invested 10 billion euros in capacity in Hungary. Auto parts manufacturers such as Continental Group and Bosch have also set up factories in Hungary. Hungary has gradually developed a manufacturing economy that is highly dependent on foreign capital, especially in Europe and the United States.

This is not what Hungarian officials like to see. Since the 2008 financial crisis, while promoting economic recovery, the Hungarian government has initiated the adjustment of the country's industrial structure in order to promote the competitiveness of its industry. Reduce reliance on traditional car manufacturing and increase the proportion of high value-added industries, which are collectively referred to as "reindustrialisation" policies, as reflected in the Irynyi Terv and Ipar Program launched by the Orban government that came to power in 2010.

It is the same thing that Germany and Switzerland are talking about "Industry 4.0", France is talking about" New Factory "and the UK is talking about" Smart Factory ", including Hungary's" Ipar 4.0Program ". Image source: EC-GISCO

It must be pointed out that so far, Hungary's "reindustrialization" is still mainly achieved through multinational investment, but the Hungarian government has absorbed the lessons of the 2008 financial crisis in the process of introducing foreign investment. it deliberately avoids the "one-sided" tendency of foreign investment in Europe and the United States, vigorously promotes the policy of "opening up to the east", seeks to introduce more industrial investment from countries outside the European Union, and adjusts the industrial structure that relies on traditional automobile manufacturing. This opens a window of opportunity for Ningde era, Yiwei LiNeng, Weilai Motor and Lenovo Group to enter Hungary.

This is Hungary's "resilience" and "flexibility": it is one of the few European countries that have retained a good manufacturing base for a century, laying the foundation for its export-oriented economy characterized by industrial exports. Under the circumstances that it has to rely on an export-oriented economy, it takes the initiative to adjust its industrial structure and take a clear-cut stand to promote eastward opening up.

At a time when the United States is actively seeking an "alliance", especially when the European Union is "one-sided" on the issue of containing China, Hungary's non-one-sided is precisely proof that the Western world is not monolithic. This is a highly targeted breakthrough for China to break through the blockade of "decoupling and breaking the chain" and strengthen its own supply chain advantages and tenacity, and naturally means opportunities for Chinese enterprises.

It is not difficult to see the stability and continuity of the policy of opening Hungary to the east, especially to China.

Hungary is one of the first countries to grant visa-free access to China, and it is also the first European country to use both Chinese and mother tongue for bilingual teaching in China. In 2004, Hungary signed the Sino-Hungarian friendly and Cooperative Partnership Agreement with China. In 2012, Hungary joined the China-CEE Cooperation platform. In 2013, China launched the Belt and Road Initiative Initiative, and in 2015, Hungary became the first European country to join the Belt and Road Initiative initiative and sign a memorandum of understanding.

One of the most important projects of "Belt and Road Initiative" in Hungary is the Budapest-Belgrade Railway Development Plan, the legendary "Hungary-Serbia Railway". It will connect countries such as Hungary and Serbia and has become the core project for the joint construction of "Belt and Road Initiative" transport connectivity. Once the railway is connected, Hungary will become a "transit station" for Chinese goods to Europe.

Before the railway was completed and connected, the "China-Europe train" from 82 cities in China to 67 cities in 19 European countries carried the efficient transportation of Chinese goods, raw materials and equipment to Europe in the form of a "unified waybill". Take Lenovo's factory in Budapest, Hungary as an example, at the beginning of its construction, all the equipment was transported from China, with a total of 30 containers. Twenty-six of them are on this China-Europe train.

For quite a long time, there has been a set of thinking about the discussion of globalization, that is, globalization is characterized by human commercial and cultural exchange activities across the sea, with cross-sea air and sea trade as an important carrier. In recent years, Chinese enterprises, especially games, tools and videos, have expanded their businesses outside China, frequently replacing the essence of their global expansion with the word "going out to sea". This is a typical mindset deeply bound by the western "marine civilization" and "sea power consciousness".

The word "going out to sea" is so deeply rooted in the hearts of the people that people overlook the possibility and ambition of Chinese enterprises to find global strategic anchors and outposts and then to the wider market in the world, that is, to "walk westward" by railway and land.

Before the era of great navigation, land was almost the only choice for human beings to carry out limited international communication. Until the middle of the 20th century, land transportation did not lose its due function of international and even intercontinental links because of the popularity of navigation and aviation. Since the early 20th century, the process of "European integration", which has undergone several twists and turns, has been gradually carried out, and land transportation and economy and trade have played an important role. After the Cold War, due to the iron curtain formed by the division of ideology and the isolation between Western and Eastern Europe, the global market showed a strong regional color, so the role of land transportation between Europe and Asia was weakened. Until the end of the Cold War, globalization has been unprecedentedly strengthened in the process of the formation of a unified world market, and the role of "land globalization" between Europe and Asia has become increasingly prominent.

In 2013, China put forward the "Belt and Road Initiative" initiative, which is known as the "Silk Road Economic Belt", that is, to strengthen land trade and cooperation between China and countries along the European and Mediterranean Rim, so as to enhance mutual trust and build a new type of international cooperative partnership. This is a globalized "China plan" and the idea and practice of China's deep participation in the "new type of globalization".

In recent years, with the superposition of volatile risks such as unilateralism, the COVID-19 epidemic and international conflicts, leading to serious challenges to global free trade, which relies heavily on "sea power", an alternative land logistics transportation and cultural exchange channel, to get rid of the old rules of global preferential treatment, attract more countries to participate in global exchanges and trade and share global dividends, and effectively restore the resilience and vitality of the supply chain. The role can be further highlighted.

In this context, we might as well re-examine the significance of the "new globalization" of Hungary's deep participation in China: it is a Hungary with long-term certainty of friendly policies toward China and located in the transportation hub of Asia and Europe; it is a Hungary that focuses on building logistics infrastructure, adjusting industrial structure, upgrading manufacturing technology, and embracing emerging industries. It is a Chinese city with a continuous railway running from the east coast of the Pacific Ocean, winding its way across the mountains and the Gobi to Central and Western Asia to Hungary in the hinterland of the Pannonia Plain.

Such Hungary not only attracts Chinese technology companies with the integration of information technology, new energy and manufacturing, such as Lenovo, Ningde era and Xilai, to invest, but also highlights another paradigm of the globalization of Chinese companies, that is, "going out of the sun in the west". Embark on the "Silk Road" renovated by a new generation of infrastructure to "go out" for Chinese enterprises As well as a program and sample provided by the construction of non-sea power awareness and a "new type of globalization" led by a single country.

New globalization: taking "China-Hungary" as a model, in addition to exploring the strategic significance of "land globalization" in the sense of geography, Chinese science and technology companies have chosen Hungary as the outpost of globalization and optimized the supply chain system, which also reflects another aspect of the deep change of globalization, that is, to relocate the industrial structure and relations between countries in the process of globalization. And then create the possibility of a higher quality "new type of globalization".

Let's go back to an essential question: Hungary has an important strategic position for Chinese companies, so why does Hungary need Lenovo, Ningde era and Weilai?

Some answers may be found at Lenovo's factory in Budapest, Hungary, which has been built and put into production:

As mentioned earlier, the production line equipment of Lenovo's plant in Budapest, Hungary is designed and manufactured by China, mainly transported through the "China-Europe train". It uses the same production line mother as Lenovo's intelligent manufacturing base in Shenzhen, and is Lenovo's housekeeping capital in the field of intelligent manufacturing. Previously, Lenovo's intelligent manufacturing base in Wuhan had demonstrated the ability of highly intelligent, human-machine collaborative production lines to deliver smartphones and tablets, while intelligent manufacturing deliveries of servers and workstations. It was handed over to Budapest, Hungary, which needs Shenzhen and far inland in central Europe.

Lenovo factory in Budapest, Hungary: Lenovo

It is no exaggeration to say that "smart manufacturing" is a new species for Hungary, whose manufacturing is more dependent on the traditional European car industry. Use the "production control tower" to intelligently control the screens and machine tools on each production line, provide real-time operation guidance for every step, and an automatic error reporting and early warning system for operator error systems whenever there is an operator error. as well as intelligent temperature, humidity, environmental and building detection systems are rare in Hungary. In the past 20 years, traditional cars and manufacturers in Europe and the United States have not provided many advanced cases in this area, let alone brought such experience to Hungary.

It is Lenovo Group, rather than European and American enterprises, that has brought such intelligent production lines to Hungary. Behind this, China has continued to invest in the manufacturing industry in the past two or three decades, especially in the last decade, to inject new connotation and vitality into the manufacturing industry with digitalization and intelligence. promote the continuous upgrading of China's manufacturing industry and create the accumulation and achievements of high-quality manufacturing industry.

For Hungary, which promotes the adjustment of industrial structure, increases the proportion of high value-added industries and promotes the practice of "re-industrialization", such "intelligent manufacturing" input is of course necessary. The lithium batteries in the Ningde era and the power exchange plant of Xilai Automobile are also the new "source of running water" for the adjustment of Hungary's industrial structure. They all bring local jobs, as well as more important innovative technologies, industrial momentum and management and operation concepts.

We should know that not all countries and enterprises are willing to bring their latest technology, production capacity and methodology to the international market in the first place. China, which has maintained an open attitude to foreign investment for more than 40 years, probably knows this best.

It is undeniable that since the reform and opening up, foreign-funded enterprises in the fields of information technology, medicine, logistics, electronic devices, consumer electronics, food and beverage, chemical industry, manufacturing, daily chemical industry and energy have entered China. It has brought employment opportunities, industrial upgrading, trade exports and consumption vitality to China, participated in personnel training, and made important contributions to China's economic construction. However, for quite a long time, the vast majority of foreign-funded enterprises regard China as an original "emerging market" and put relatively backward production capacity and low-cost goods into the Chinese market. China's R & D team is required to do support rather than basic and core technical work.

This is closely related to the fact that China has been integrated into the world for more than 40 years, especially the global trade order dominated by the United States after the end of the Cold War, which defines China as a raw material base, an extensive production and processing site and a technological supporter. Friedman's book the World is flat outlines in detail the so-called "global order of industrial division" dominated by the United States. Once China upgrades its industrial structure through its own efforts, pursues high-quality development, makes breakthroughs and progress in cutting-edge science and technology and advanced manufacturing, and gradually leaps to the upper reaches of the industrial chain, there is no longer any cover-up for the US crackdown on relevant Chinese scientific research institutions and enterprises.

It is a new proposition for Chinese science and technology enterprises that go out of the west and "go out" along the modern Silk Road to view their relationship with the target country. Is it like European and American companies looking down at the former "emerging market" countries with the mask of "saviors", putting them in the lower reaches of the food chain, letting them revolve around their own needs, constantly worrying about their rise, or creating a new paradigm that regards target countries as partners that treat each other as equals, grow together and achieve each other?

For now, it seems that Chinese technology companies prefer the latter. The value orientation of enterprises reflects the principles and values of the "Belt and Road Initiative" initiative.

Consultation, co-building and sharing are not only the basic principles of the "Belt and Road Initiative" initiative, but also the action guide for the enterprises participating in the "Belt and Road Initiative" initiative.

Take Lenovo's factory in Hungary as an example, it chose to build a "smart base" in Budapest, which is the size of seven basketball courts, which is obviously decided by Lenovo through consultation with relevant Hungarian departments. Lenovo's technology and experience in the field of intelligent manufacturing, combined with Hungary's good team of high-quality manufacturing workers, to create a local factory with the highest degree of intelligence, is naturally the product of joint construction by both sides. With a "Chinese speed" of 1000 servers per day and 4000 workstations offline per day, the factory shortens the logistics distance to Europe and the Middle East, creates export revenue for high-end computing equipment for Hungary, brings overall business growth in the EMEA region for Lenovo, enhances the vitality and resilience of the supply chain, and is a reflection of the shared development results between the two sides.

Renowned data research firm Gartner released the latest ranking of the top 25 global supply chains in 2022. Lenovo is the highest-ranked Chinese company and the only one in Asia to make the top 10. Gartner global supply chain Top 25, which has been released for 18 consecutive years, is the most authoritative and only important list for cross-industry evaluation of supply chain capabilities in the industry.

More importantly, whether it is Lenovo's factory in Budapest, the power battery base in Debrecen in the Ningde era, and the first exchange plant in Persia, all reflect the new paradigm of international cooperation and exchange represented by "China-Hungary".

First of all, they all belong to emerging technologies and industries, which are the results of China's transformation of growth mode and high-quality development in the past 10 years.

Furthermore, these high-quality scientific and technological innovation achievements of enterprises are transferred to Hungary in the hinterland of Central Europe through the "Silk Road Economic Belt" and take root, reflecting a new pattern of all-round opening up.

Moreover, the achievements of high-quality development and the actions of opening up the new pattern in an all-round way fall between enterprises and enterprises, between enterprises and countries, and between countries and countries, which actually shape the concrete practice of "new development pattern" and "community with a shared future for mankind".

Many Western observers believe that the main password for China's participation in economic globalization is "infrastructure"-- the Hungary-Cyprus railway is a typical example. Admittedly, China, which has a reputation of "infrastructure madness", has indeed invested a lot of manpower and material resources, building roads, railways and logistics hubs on the land globalization path of "going from the west to Yangguan". However, the recent actions of Chinese companies such as Lenovo, Ningde era and Xilai show that what goes beyond infrastructure investment is the upgrading of the "industrial chain" driven by the global supply chain layout-encouraging and promoting different countries to move up the industrial chain. do not imprison any country or enterprise in the upgrading at the bottom of the industrial chain.

Lenovo, Weilai, Ningde era and Yiwei LiNeng participated in the creation of another possibility of globalization-- it is a globalization with a higher degree of cooperation and a more equal division of labor in the industrial chain; it is a globalization that transcends a country's unilateral formulation of all rules; it is a globalization in which participating members can choose their own path of development and optimize their role in the division of labor in the industrial chain; it is a globalization that bid farewell to the "pirate spirit". It embodies the globalization of the consciousness of "a community with a shared future for mankind".

This is a "new type of globalization". China is its advocate, and Chinese enterprises, especially scientific and technological innovation enterprises, are practitioners of "new globalization". "New Globalization" helps more countries break the bottleneck of development and better integrate and benefit from global value chains, industrial chains and supply chains.

The latest testing ground for this "new type of globalisation" is not elsewhere, but in Hungary.

Chinese companies scattered in Singapore are one "unique and independent" island after another, while Chinese technology companies rooted in Hungary reap a long economic belt, straddling supply chains and scattered trade networks. and a predictable future.

This article comes from the official account of Wechat: ID:pinwancool, author: Luo Yihang

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