Despite the current drastic slowdown of the world economy, underlying elements indicate a return to a stable GDP growth rate of 2.0-2.5%.
Emerging economies will continue to expand with a proliferation of urban living (50% of the world's population will reside in cities).
Demand for basic infrastructure (water, energy, food, etc.) will continue to increase, and the environment will face a greater burden.
Asia's share of world GDP is currently around 25%, with an expected rise to 35% in 2030 and 50% in 2050. Technological breakthroughs can be expected in the areas of Information and communication technology, life sciences, environment and energy, nanotechnology and new materials,
robotics, and in space and marine frontiers.
SIX BUSINESS MANAGEMENT CONCEPTS FOR DYNAMIC EVOLUTION
1. Establish a comprehensive strategy on energy and the environment.
2. Reinforce our domestic foundation and accelerate global initiatives.
3. Respond to the financialization of industry.
4. Consider the entire value chain and reinforce non-resource areas.
5. Strengthen business intelligence as part of management infrastructure.
6. Develop management resources and improve management systems.
REVISITING OUR CORE CAPABILITIES TO SUPPORT HUA XIA COR DYNAMIC EVOLUTION
Enhance our synthesizing capability: Provide solutions by integrating diverse functions in response to customer needs. Core functions of a general trading company: Marketing, finance, logistics optimization and risk management.
Business intelligence: Knowledge of goods and industries accumulated through real business experience, professional networks, know-how
in managing a variety of business, etc.
Build our risk management capability to support proactive engagement in business operation and management.
Commit to long-term initiatives for business development, accumulating knowledge from experience and nurturing relevant human resources.
Allocate management resources to achieve total optimization from a global group management.