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The 8th World Zhejiang Entrepreneurs Conference opened in Hangzhou on November 6, aiming to explore the transformation and innovation paths of Zhejiang Entrepreneurs under the background of high-quality economic development.
China News Service, Hangzhou, November 6 (Guo Qiyu) When the AI wave reshapes thousands of industries, how can Zhejiang businessmen survive the cycle and win the initiative? How to seize the opportunity and win the future on the high-quality development track? The 8th World Zhejiang Entrepreneurs Conference, which opened in Hangzhou, Zhejiang Province on November 6, has become a window for the outside world to observe Zhejiang Entrepreneurs’ awareness of change and innovation, and Zhejiang’s efforts to cultivate an innovative ecology.
On the same day, the 8th World Zhejiang Entrepreneurs Forum was held, and Zhejiang merchants from all over the world returned to their "natal home" to focus on science and technology innovation, AI empowerment, and seek common development.
Currently, as the economy enters a stage of high-quality development, many companies are at the juncture of transformation. Song Zhiping, president of the China Association of Listed Companies and chief expert of the China Enterprise Reform and Development Research Association, believes that enterprise transformation should be guided by new productivity, the deep integration of technological innovation and industrial innovation as the path to achieve, and AI intelligence as the driving force.
He specifically mentioned that corporate transformation does not mean changing industries. It does not mean abandoning traditional industries, but focusing on the main business, using new technologies to transform and upgrade traditional industries, and taking the road of differentiation, segmentation, high-end and branding.
“We don’t innovate just to show off our skills, we want good technology to be shared by everyone.” When it comes to innovation, Zhu Jiangming, founder, chairman and CEO of Leapmotor, has a clear attitude. He said that Leapmotor started from scratch on the new energy vehicle track, and now about 65% of the core components of the entire vehicle cost are self-developed and produced, relying on technological innovation.
At present, AI has entered thousands of industries. When will it usher in the real "explosion point"? Wang Xingxing, founder, chairman and CEO of Yushu Technology, gave his own judgment. He believes that embodied intelligence will move towards the "ChatGPT moment", that is, robots can successfully complete about 80% of major tasks in about 80% of unfamiliar scenes through voice or text instructions.
In Zhejiang, many private enterprises are actively embracing AI, but they still face many practical problems in practice.
"There is no difficulty in introducing AI technology to enterprises. The difficulty lies in fully mobilizing people's enthusiasm." Chen Yanni, chairman and president of Wolong Holding Group, believes that the value created by AI in factories is not only a simple iterative upgrade of technology, but also the reshaping of the company's organizational capabilities and productivity changes. In this process, capital investment is also a major challenge that cannot be ignored.
Innovation starts from technology, develops from industry, and succeeds from capital. From an investor's perspective, Liu Ying, a member of the Party Committee of China Construction Bank Zhejiang Branch, said that many traditional financial institutions and capital are deterred from early-stage scientific and technological innovation projects because they "cannot understand" innovative enterprises. In the past, when evaluating companies, the focus was on traditional production factors. Nowadays, the core production factors of science and technology companies have shifted to new forms such as computing power and tokens. Therefore, it is necessary to jump out of the traditional framework and identify the company's true technological content.
The forum also set up a technology themed show "Coming for the Future", where a number of domestic intelligent companies appeared with new technologies and products to demonstrate the industrial changes brought about by AI.

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