BAT has once found Lenovo's venture capital. Liu Chuanzhi shared "missing"...

Liu Chuanzhi said that the new normal is that the uncertainty of the world in the future is greatly enhanced, and the entrepreneurial group has its own historical responsibility, social responsibility and historical opportunities.

Text|"Chinese Entrepreneur" reporter Liang Wei editor | Xu Wei

"At the time, BA T came to look for Lenovo's VC, but we didn't even look at it." Liu Chuanzhi said that he had no regrets. But at that time, it can only be "missed". One is insufficient funds, the other is not enough, and even the VIE architecture is not known. "So I said that China is not lacking in ability from manufacturing to creation, but lacks experience and has not experienced enough commercial baptism." Liu Chuanzhi said at the Global Innovation Summit on June 6.

Now, Liu Chuanzhi feels right at the right time.

One is the government's understanding and support for new things and new technologies. In addition, the Chinese entrepreneurs who have undergone 40 years of reform and opening up are also more commercially judged and able to carry out strategic layout across industries, regions and time and space. According to Liu Chuanzhi, these enterprises and entrepreneurs should also undertake more social responsibilities after the completion of wealth creation, such as the expansion of science and technology innovation to the innovation of basic technology, such as using their own methods to improve the problem of polarization between rich and poor. .

"One is poverty alleviation and the other is poverty alleviation. Ma Yun has a saying that makes sense. He said that poverty alleviation should be done by the government, that is, using tax revenue to help the poor, what is poverty alleviation? Poverty alleviation is blood transfusion, which place is the most ischemic, which When people are most irritable, they will give him blood transfusion. What is poverty alleviation? Poverty alleviation actually helps to improve hematopoietic function. Entrepreneurs should do more of this kind of thing, besides providing money, provide ability and provide resources, such as helping a certain area. The cultivation of talents, helping a certain area of ​​employment, and helping a certain region to form a distinctive economic growth capability, these things are actually considered by entrepreneurs."

Liu Chuanzhi cited two examples. One is the excavation of folk embroidery by Yiwen Group, which enables craftsmen in remote ethnic minority areas to create wealth and create beauty with their own hands. The other is sea fishing, allowing migrant workers to live. Have a professional and dignified life. “You can't say how much profit these business models will have, but it is definitely a model for entrepreneurs to help get rid of poverty.”

"The air between people is already so dry. Entrepreneurs doing more of these things will also increase the wetness of society." Liu Chuanzhi, who is known as the "godfather of entrepreneurs", believes that this is also the responsibility of entrepreneurs. Instead of complaining about the current system and environment, "It’s not the same for people who are hungry to eat braised pork, and those who have never been hungry to eat braised pork," and "entrepreneurs must know how to be in China." How should this stage develop?"

However, he also put forward his own opinions on the top-level design of the policy.

According to statistics, the average organic matter content of China's land is only about 0.2%. When Mr. Jian’s old man planted oranges, he maintained the land for seven or eight years and only increased it to 6%. On the several farms that Legend Holdings has partnered in Chile, the worst piece of land is about 12% organic. Even as high as 20% - Liu Chuanzhi believes that the Chinese government should encourage enterprises to go overseas to carry out resource docking: Now that China has a certain economic strength, when foreign countries have surplus in this area, why not use foreign resources to improve our surroundings? Let our land be rotated?

“This thing requires top-level design, such as urbanization. After large-scale concentration of farmers, a small number of farmers are working on the land, and other farmers are doing other work. On the other hand, when there is the ability to improve resources today, If you don't let the money go out and raise the tariffs drastically, it won't make people's things come in. This is not the right thing to do at both ends." Liu Chuanzhi raised the hope that the government level will have more considerations in the top-level design.

The following is an excerpt from Liu Chuanzhi's speech:

About entrepreneurs

The topic I want to talk about today is "The Historical Opportunities and Time Responsibility of Entrepreneurs under the New Normal."

The subject of this topic is entrepreneurs. In China, entrepreneurs are a controversial group. There are probably two different views in society. One view is that enterprises promote social development, and another view is that entrepreneurs A number of negative impacts are responsible. I want to talk about the first point of view and my own point of view.

First of all, today's China, compared with modern history, is unprecedentedly prosperous and has an unprecedented status in the world. The comprehensive strength of a country includes politics, economy, military, culture, sports, etc., but the solid foundation of all this is economic development. For this, Chinese entrepreneurs should say that they have contributed, no need to rumor.

Second, Chinese entrepreneurs have the deepest understanding of the “strategic opportunity period”. The word proposed by General Secretary Xi, the experience of our entrepreneurs is particularly deep. why? Because I want to think about any Chinese entrepreneur who is doing a good job and how great it is, if it is before the reform and opening up, is there any ability to make the enterprise like this? I am afraid that no one can say yes. Because this process has been very difficult since the reform and opening up, we have personally experienced it, so it is very important to understand that this environment is very important. People who are hungry are eating braised pork. It is not the same as eating braised pork. Those who know how to cherish the stability of China and how to go at this stage. Development is an important feature of Chinese entrepreneurs.

Third, what kind of people are Chinese entrepreneurs? I think it should be a group that pursues and recognizes the general. No matter where I am, I think people can be divided into two categories: one is the person who lives, the other is to make life more comfortable, the home can be more stable, etc.; some people are The so-called "running people", "running" is to constantly raise his goal, and then go forward and then "run". These two are not good or bad, but the latter is much more risky than the former, because not only have courage, pursuit, but also ability, even luck, and so on, even falling down Or, the result is far less than the life of people living, but the whole society actually relies on those who pursue, "running the day" to promote progress. Chinese entrepreneurs and entrepreneurs should be said to belong to this group.

The second view is that Chinese entrepreneurs have three main negative effects.

First, it believes that it has primary responsibility for the polarization of Chinese society today. Second, it believes that entrepreneurs have corrupted officials, embezzled state-owned assets and caused political corruption. Thirdly, it is believed that the current fakes are flooding, and some companies are only making profits and selling fakes. As for the above three arguments, as a member of the entrepreneur, I feel that I should show my attitude and look at it.

The first is to address the first view just mentioned. Entrepreneurs do well in enterprises, pay taxes according to regulations, and increase employment opportunities. This is the basic responsibility of entrepreneurs. Entrepreneurs are actually the creators of wealth. If you want to eliminate polarization, of course, there are different approaches. One is to simply flatten, eat big pots like 40 years ago, and get poor together; there is another way to make wealthy people richer, but wealthy is slightly slower, and rich people can get richer faster. The government inside has the responsibility, that is, how to use the tax better, and the entrepreneur should do his best.

The second is about colluding with officials and corrupting officials. In fact, it is precisely because some people cannot fully and truly act in accordance with the law, which has led to the destruction of the environment for entrepreneurs to compete fairly. Corruption, collusion between government and business is actually a thing that most decent entrepreneurs hate very much. This makes us work and life are not safe. I think entrepreneurs will have this kind of experience. Therefore, resolutely fighting corruption is actually a strong entrepreneur. Requirements.

The third is honest business. This is a basic moral bottom line that Chinese entrepreneurs should abide by. At the same time, entrepreneurs hope that the state will severely punish counterfeiting and selling, including the theft of other people's intellectual property rights. This should also be a focus of our country's efforts to improve the social atmosphere. If the whole society has no integrity, what is the use of wealth? Chinese society has no hope. Combating counterfeit goods should be a priority. Fortunately, it is not difficult. Of course, at the time of implementation, there must be a lot of specific rules. It is difficult to implement, but it is definitely not a big difficulty. As long as the government is not lazy, it can be determined resolutely and conscientiously, and the legislation is appropriate. This is like drunk driving, it is really possible to do it.

About the new normal

After talking about the views of the Chinese entrepreneurs, what I want to talk about is the historical opportunities and responsibility of the entrepreneurs under the new normal.

I think that the new normal is that the uncertainty of the world in the future will be greatly enhanced. This uncertainty will be very large, and the change will come very suddenly. In this changing environment, the government naturally has the responsibility of the government, and as a group of entrepreneurs, it also has its own historical responsibility, social responsibility and historical opportunities.

I want to talk about historical opportunities first. The development of the entire human society was very slow before 1800. The impact of science and technology, technological change, etc. on human society was very small. When the steam engine appeared, the social change began to increase. When was it an important turning point? It should be the invention of computers, especially the invention of personal computers. After the Internet and mobile Internet, the emergence of intelligent Internet has suddenly increased the development of human society. Here I have to do some advertising for myself, I hope that Chinese people can still remember the popularity and promotion of personal computers in China, and Lenovo plays an important role. It’s a bit embarrassing to say this, but I can’t help myself, I still want to say a word.

In this case, China still occupies a favorable terrain. On the one hand, the government has begun to have such rich experience in this kind of innovation and this new thing; second, our country now has quite strong economic strength; third, China has gradually formed a relatively mature Entrepreneur group. So what are the advantages of this group?

The first is the advantage of future technological innovation. From the beginning of personal computers, to the ability of mobile Internet hardware and software today, China is undoubtedly at the forefront of the world. Now Chinese entrepreneurs have already understood how to turn scientific and technological achievements into products. This is actually very important. Because in the past, research institutes were returned to research institutes and factories were factory-separated. After more than 30 years, we have realized that scientific and technological achievements become products, become productive forces, and money must be realized in enterprises. In schools, research institutions cannot achieve them. Things, scientific and technological achievements will not become productive. Why should Lenovo engage in a "Lenovo Star"? It is because I came out from the Chinese Academy of Sciences. I know that there are many good scientific and technological achievements in the Academy of Sciences. I don’t know how to industrialize and how to promote it. If it is too late, it will be overtaken by others. The mechanism in the United States is relatively mature, and scientists themselves are very willing to cooperate with the people of the enterprise, so in this link, Chinese entrepreneurs are very important. It is now more important to emphasize the transfer of scientific research results. Transfer is very important, but in this fast-changing industry, can a company wait for the results of universities and academies to be transferred and then to deal with the market. Can Huawei do it? Can Lenovo do it? It is impossible at all. You must have a solid R&D team at the same time, or even divide into several echelons. This is a very important one.

Another question is how to achieve technological innovation? A small business, or a scientist with scientific achievements or a capable person, how can they get the money, how can they have an entrepreneurial atmosphere, how can they be combined with venture capital or angel investment? This is a pass. Like today's BAT, the three are basically like this. On the basis of their own research and development results, they finally become big companies. Like Lenovo's investment in Science and Technology News 002230, the medical stock is a typical group of scientists, and finally become a first-class enterprise. The example is afraid; another is that after the formation of scientific and technological achievements, a small enterprise starts to a certain degree, merges into a large enterprise, and uses the economic strength and more comprehensive capabilities of the large enterprise to launch this scientific research result.

The third and very important one is that the leading figures of China's outstanding large enterprises today have the vision and economic strength that can cross-industry, cross-regional and time-space, that is, his strategic layout capability. Needless to say, cross-industry, cross-regional, what does it mean to cross time and space? This means that when I was doing business in the past, because I had less money, I was very concerned that the fire was not enough. It was the extent to which the market matured, which determined that I would push this out. If the market has not reached this level, it will not be able to produce a large number of products, or else the money will be there. Now, as the entrepreneurs are mature and the funds are abundant, they can be arranged in advance. Maybe I can see something useful now, and some things are useless at all, but I can try it first, the fire is coming, and the market opportunity is also erupting. This is the vision. In the early years, BAT had talked with us about investment, but we didn't see any of them. One was that the economic strength was not enough at the time, and one really did not have enough vision at the time. Who voted? Later, money was earned by investors in Japan and the United States. But the times have come today, and the situation is no longer the case. Now the leading figures of Chinese big companies have already had this strategic ability to deploy across time and space, indicating that our entrepreneurs can correctly treat this historical opportunity.

In addition, with this opportunity, the state still needs to support entrepreneurs to go out, make good use of international resources, and should use international resources to improve China's ecological environment. One of the areas of Legend Holdings’ strategic investment is agriculture and new foods, which really inspired me in this regard. When our company planted fruit in China, it conducted a large-scale survey of the land. What is the average organic matter content of China's land? 0.2%. Mr. Yan Shijian is planting orange, and the land has been maintained for seven or eight years, probably up to 6%. On the farms we cooperated with in Chile, the worst piece of land is about 12% organic, and some even high. To 20%. Well, now that China has a certain economic strength, when foreign countries have surplus in this area, why not use foreign resources to improve our environment? Let our land be rotated? This thing requires top-level design, such as urbanization. After the farmers are concentrated on a large scale, a small number of farmers are working on the land, and other farmers are doing other work. On the other hand, when we have the ability to improve our resources today, we will not let the money go out, and the tariff increase will not increase the number of people who come home. This is not the right thing to do at both ends. Therefore, I feel that I hope that the government level will have more considerations in the top-level design.

Social responsibility about entrepreneurs

At the level of social development, entrepreneurs have an important responsibility, that is, to get rich first and help the rich, this is the social responsibility that should be fulfilled. Today's entrepreneurial group in China, paying taxes and providing employment opportunities – this is actually the most important thing in itself, but China is too big, and government reform is also difficult, so entrepreneurs should do more. I think one is poverty alleviation and the other is poverty alleviation. Ma Yun has a saying that makes sense. He said that poverty alleviation should be done by the government, that is, using taxes to help the poor, and what is poverty alleviation? Poverty alleviation is blood transfusion, which is the most ischemic, and which person is most ischemic, give him a blood transfusion. What is poverty alleviation? Poverty alleviation is actually helping to improve the function of hematopoiesis. Entrepreneurs should do more of this. In addition to providing money, they must provide the ability to provide resources, such as helping the development of talents in a certain region, helping a certain area to find employment, and helping a certain area. Forming a distinctive ability to grow economically, these things are actually things that entrepreneurs should consider.

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