On May 18, China's culture and education sporting goods association held the seventh secondary council (expand) meeting in Wuyi. Vice chairman of China light industry federation and secretary general Wang Shicheng, China's culture and education sporting goods association the seventh honorary president of the council Yang Li, China's culture and education sporting goods association the seventh chairman of the council Lin Xiaochong, China's culture and education sporting goods association vice chairman and secretary general Yi Xiaoli attended the meeting. President Wang Liping gave the important speech at the meeting.

First of all, the meeting carefully listened to vice director of the development research center of the state council, Lu Zhongyuan's economic situation report on promoting the economic sustainable and healthy development. The report pointed out that the current macro economy continues to rebound and economic benefit is improved. Investment and export are positive and consumption growth is weak. The world economy continues to recovery, unstable factors still need to pay close attention to, America, Europe and Japan revive manufacturing, which affect the global division of labor and market pattern. Annual economic growth rate is expected to be faster than last year. More to improve the quality and efficiency of growth, economic transformation's internal power is boost and the pressure is increased.  Analyzed and prospected the economic situation through multiple charts. Put forward four kinds of effects and three big challenges that need to be paid attention to in the next phase of development. That is, endogenous positive effect ( structural changes and transformation power), external input effect (inflationary pressure), base effect (economic growth base and price carryover effect), Party and government leadership transition effect, as well as comprehensive cost rise, lack of innovation power, adjustable capacity by market or by the government and velocity benefits shrink, financial risk exposed these three big challenges. 

President Wang Liping gave a speech on grasping the historic opportunity of corner overtaking. Since the new century, the development of high and new technology with new energy, new material, biotechnology and information technology as representatives, let global economy face the third industrial revolution. Now, China's economy has become an important part of globalization. This time the industrial revolution wave provides us a once in a lifetime opportunity of corner overtaking. As the second largest economy in the world, China is not expected to miss the third industrial revolution since hundred years.

In front of the new historical opportunity, Chinese enterprises should grasp the historic opportunity of corner overtaking. Firstly, can effectively disperse the financial risk. As an enterprise group, if you only make one industry, at the time of low tide, you will be very headache. Run multiple industries, can balance it. Secondly, we can fully integrate internal strengths. An enterprise resource allocation and the integration of resources is key technique of making a company bigger and stronger. Thirdly, can get more business opportunities. Fourthly, can absorb more outstanding talents. Of course, the development of diversification is not infinite. Not only need us to be aware of what to do and what not to do, but need us constantly adjust.  

President Wang Liping emphasized, Guangbo will be positioned to face transmitters of  cultural industry in the world, as well as new materials industry pioneers. With manufacturing as the core, emerging industry and equity investment as two wings, strive to create headquarters economic model, actively explore the new approach of industrial capital and financial capital. Through the way of capital and wisdom output, conduct industry outsourcing, layout of the world, create deep full industrial chain, form a whole pattern of diversification among manufacturing, new materials industry, equity investment and resource industry. Strive to create Guangbo into an enterprise group of diversified industries, integration of industry and finance, and global operation.