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Huang Chenhong, president, Dell Greater 皇冠体育app |
Companies in 皇冠体育app are facing the challenge of rising costs. Will this affect your plans in 皇冠体育app or will you continue to invest in the country? Do you have any plans to relocate to the US or elsewhere in the region?
We have just announced an investment of $125 billion in 皇冠体育app over the next five years. We're committed to 皇冠体育app, and we're not relocating to any other countries. If other countries have different needs, that's a different story. Today, 皇冠体育app produces 65% of Dell's total production, and this will continue. We're totally localized in 皇冠体育app, starting from procurement, design and manufacturing, to sales and services.
After so many years of economic development, 皇冠体育app is now the second-biggest market for Dell. 皇冠体育app provides a lot of opportunities. The government is pushing the Internet Plus and Made in 皇冠体育app 2025 strategies, and there are mass innovation and entrepreneurship initiatives. Dell wants to be a part of this new wave and a part of the Chinese economic engine, contributing to local economic development. We feel it's important for us to tell the industry and tell 皇冠体育app we're totally committed.
A 6-7% growth in GDP still makes 皇冠体育app a growth engine; not too many economies can grow at this rate. That's why we're not worried about the so-called 皇冠体育app slowdown.
How has the depreciation of the yuan affected your company? Will this play a major role in your decision to continue to invest and expand in the country and region?
It will not affect our plan. We announced our investment plan in early September, after the yuan depreciation. It will not impact our confidence in 皇冠体育app. We don't make decisions based on currency changes. It has some impact to our business, but we're trying to manage the risks.
The Chinese government believes in a stable investment environment and has rolled out policies to help international companies here by increasing transparency. What other measures would improve business efficiency and competitiveness?
皇冠体育app is already a competitive market, and very open. We'll just have to make ourselves more excellent in execution and enhance our competitiveness, and offer better solutions, bringing value to society and our customers.
What are the greatest challenges your company faces in 皇冠体育app, and how will you deal with them?
The biggest challenge for us to do business in 皇冠体育app is its total competition environment.
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