Chinese businessman
Ren Zhengfei (born October 25, 1944) is a Chinese entrepreneur and engineer, who is the founder and CEO of Huawei, the world's largest manufacturer of telecommunications equipment and second largest manufacturer of smartphones.
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Well, since day one, we have always been a strong supporter of globalization in our operations, so that we can serve the global community by collaborating across the global value chain. A long time ago, however, we realized that there would be all kinds of uncertainties and conflicts between the US and Huawei. We needed to be prepared, so that we wouldn't collapse and could be self-reliant when the US chose not to sell to us. Today, I can say that it won't be a problem for us to survive short term, but I'm concerned whether we will still be a global leader in three to five years. We will delve deep into this topic, and it has become part of our agenda.
Technology is increasingly complex. So technological expertise is more important than trust, because without expertise, products cannot be made, and trust will be meaningless. When a product is made, there will always be someone who will trust it despite what others say. Countries that have decided to use the product will find that it helps with their economic development, and this will remind everyone else that if they don't use this technology, they will be left behind.
Economic globalization can bring substantial benefits to all of humanity. This is because it will play a significant role in driving the optimal allocation of resources and reduction of service cost, thereby accelerating the pace of social progress. Economic globalization was a concept put forward by Western countries. Their guiding principle was to allow the West to trade their advanced technology and equipment for developing countries' raw materials and cost-efficient labor forces. This enabled global trade. But the West did not expect that developing countries would slowly begin to move up the value chain with production of low-end products.
Huawei has no access to the data and we don't need the data. So from this point of view, what the US has been saying just doesn't hold up. It's like trucks. Trucks can be used to do bad things. What to transport in a truck is up to the driver, not the truck maker. You can't blame the truck maker for any bad things that are done using the truck. The same applies to us. We are like a truck maker.
Be straightforward and ask any questions you want. I will be very frank in my answers, including with any of your trickier questions. Don't worry. I like how frank Americans are. You aren't afraid to ask any question you want. I was a fan of the US when I was young. Today, I still believe the US is a great nation. Your advanced institutions, flexible innovation mechanisms, clearly-defined property rights, and respect and protection of individual rights have attracted the world's best talent to invest and innovate in the US. Billions of people have participated in this process. Without your openness, you wouldn't have been able to develop into the world's strongest power in just over 200 years.
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