The Beginning of a Breakthrough

Abstract

Does China have great companies? Great companies are created by great minds. This chapter discusses China’s “built to last” potentials. Jack Ma of Alibaba once said, “You must have a dream—what if you realize it!” Xiaomi’s Lei Jun refused to be called China’s Steve Jobs. Ren Zhengfei of Huawei has taken a less traveled road by insisting on self-developed technologies and intense spending on R&D. Wang Wei of SF Express rejected flirting with the capital market so that SF Express can focus on providing the best delivery services. China’s great companies will arise from those who cultivate innovative business models, hold respect for customers, and aim at creating long-term value rather than short-term gains. Huawei, Alibaba, Xiaomi, and SF Express are representatives heralding the coming of a breakthrough.