Yunyan district in Guiyang, the capital city of Southwest China's Guizhou province, held a new industrialization training meeting on April 25 for industrial enterprises above the designated size in the district. Representatives from 28 companies attended the seminar.
Industrial enterprises above a designated size refer to those with annual sales of 20 million yuan ($3.09 million) or more.
During the meeting, guests delivered speeches on a range of topics, such as how financial technology helps the digital transformation of enterprises, how industrial enterprises can achieve digital transformation and tax issues that are easily overlooked by small and medium-sized enterprises.
"As a traditional pharmaceutical company, we must seek breakthroughs in technological innovation and management to seize new development opportunities", said Nie Kaipin, executive deputy general manager of Guizhou Dalong Pharmaceutical Co Ltd, which is a traditional pharmaceutical company based in Yunyan district. In 2019, it began to engage in cosmetics research and development based on retaining traditional products.
"Valuable experience shared at the meeting has strengthened our belief in the development of digital transformation and new industrial transformation", said Nie.
Many industrial enterprises above the designated size are undergoing transformation and upgrading, and new industrialization focuses on applying information technology and big data.
The training session aimed to inspire traditional industrial enterprises to change their thinking, innovate development concepts and promote the development of new industrialization, according to Chen Liang, director of Yunyan district's industry and information technology bureau.