| Message: | Taking the market share or taking orders, almost a lot of inertial thinking thinks that Chinese hydraulic valve manufacturers rely on price. No wonder, in the Fortune Global 500 list a few days ago, although there are 145 Chinese enterprises, their profits are only half of those of American enterprises.
A few days ago, I saw a short story about Huawei. When meeting Ren Zhengfei, the chairman of a Fortune 500 company said, "How can Huawei succeed in the world by using low-cost tactics?" Ren Zhengfei blurted out: You are wrong. We do not rely on low prices, but on high prices. In the European market, Ericsson has the highest price. The average price of Huawei is 5% lower than Ericsson, but 5% - 8% higher than Alcatel, Lucent, Nokia and Siemens. It seems that when Chinese products sell well in the world, they must think that they occupy the market by low prices. What is the logic? |
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