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, wi… - Liu Chuanzhi

I think it's good that older leaders have made room for the younger generation. When we started, we worked very hard for very little money. Now we give employees very attractive wages. Other state-owned enterprises should follow our example.

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.

We are lucky that Steve Jobs has such a bad temper and doesn't care about China. If Apple were to spend the same effort on the Chinese consumer as we do, we would be in trouble.