A strong, healthy man won’t be hit easily by the flu. It is the same with business: A healthy business will not be hit easily by a crisis. - Liu Chuanzhi

The key to implementation is people. In a war, even you have a good fighting strategy, history tells us that having soldiers who are brave enough, with skills in shooting and fighting, is what makes the difference.

With the current unprecedented uncertainties in global markets, I suggest that entrepreneurs should observe these uncertainties and act before them, do what they must do to move the business forward.

At that time, most local Chinese companies were not thinking about cost structures and supply chain issues as actively as we were. They were thinking more about how to lower the import tariff or how to counteract foreign exchange risks and so on. But we really spent a lot of effort on our supply system.