Key Principles for Companies to Foster Global Cooperation, According to JD.com's Richard Liu

Deep News06-21

At the APEC CEO Summit China Forum held on June 21, Richard Liu, the founder and chairman of JD.com (JD), shared his insights. He discussed how businesses can contribute to advancing global trade and international cooperation.

The core principle, as he outlined, is for companies to focus diligently on their fundamental roles and responsibilities.

Drawing from JD.com's over two decades of deep commitment to building its supply chain, with all group operations entirely centered around it, Liu offered this perspective. He emphasized that for a company to achieve sustainable growth and contribute to shared prosperity, it must concentrate on its core business functions with integrity.

This approach involves respecting local laws and culture, integrating into the community, and becoming one with the local environment. The strategy should not be to hastily pursue profits during favorable times and then withdraw quickly when conditions become challenging. A company must aim to make a genuine, lasting contribution to the localities in which it operates.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment