By Shenzhen on June 22 (reporter Kong Zesi), the 2024 Yabuli Forum Innovation Annual Conference was held in Shenzhen on June 22.In the opening speech, Yu Minhong, the rotating chairman of Yabuli China Entrepreneurs Forum and chairman of New Oriental Education and Technology Group, said: "The Chinese people are enthusiastic about pursuing new things (all are very high), and any new thing will have a 'volume' situation."
Photo source of Yu Minhong: Photographed by reporter Kong Zesi
"The 'volume' is that people want to pursue new development, but it also reduces the ability and space for Chinese enterprises to innovate. The reason is that once the 'volume', especially the 'volume' of products for ordinary people, (will lead to) the price decline and the R&D expenses decrease." Yu Minhong said,"So when will there be truly innovative entrepreneurs and talents like Musk and Jobs in China? In a sense, it is not an entrepreneur's problem, but an ecological problem."
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