SAIC traditional manufacturing industry

20 19 China top 500 manufacturing enterprises list released. According to the list, China Petrochemical won the first place, followed by Shanghai Automotive Group and Huawei Investment Company, which are the top three of the top 500 manufacturing enterprises in China. Many people are curious, because China Petrochemical and SAIC are both state-owned enterprises, so it is normal to take the top spot. Then why is Huawei so strong as a private enterprise? In fact, this is inseparable from the fact that their company has always paid attention to investment.

Huawei is a technology company founded by Ren and one of the most influential private technology enterprises in China. Huawei has always been at the forefront of solving global communication equipment and solution providers, and has also done a very good job in mobile phones, occupying a very large share in the domestic and international mobile phone market in China.

Huawei is so powerful because it attaches great importance to scientific research investment. About 890 billion yuan is invested in scientific research every year, which is also a relatively large investment by technology companies all over the world. Therefore, based on such a large investment, Huawei has good scientific research results. Their 5g standard has been ahead of other countries in the world, and there are many patents belonging to them, which makes their company more competitive.

Therefore, the core strength of a company and a manufacturing enterprise lies in whether its own company has products and technologies with core competitiveness. This is a very important factor, so Huawei is so strong because it pays attention to scientific research investment and technology research and development.