Cao Dewang on Industry Competition and Manufacturing Challenges After Stepping Down as Fuyao Glass Chairman

Cao Dewang, 80, recently spoke at an entrepreneur training camp held at the Business School Center of Fuyao University of Science and Technology, following his recent resignation as chairman of Fuyao Glass. He stated that he has never feared competition, emphasizing that outstanding enterprises need strong rivals. He also shared his views on issues such as "involution," the challenges facing the manufacturing sector, and corporate succession.