First of all, Coach Outlet Skyworth in the ordinary sense, and improve core competitiveness is the development and technology investment, technology and research and development is walking in front of your core competencies to be relatively strong. Technology is divided into many aspects, such as parts for the front of the technology, for example, to cast panels, chips, and of course this is only one hand; on the other hand is the application of technology, that is, the cost of the technology itself, but if I put it very well application to a product focus to the product above it for a new experience for consumers, which is an application of technological innovation, such as Apple's products, in fact, it is not disruptive technology, but it in the entire product above, then it will have its core competitiveness. The technical aspects of speaking, we can nurture your core competencies.
The second you may create from your core to form your competition, then what is your core manufacturing competitiveness of it, in fact, the core competitiveness of manufacturing, that is, the cost of your manufacturing to a minimum, you should be most ready to interact The most timely, then maybe you can form such a competitive edge.
The third network is that you are competitive, that you export the end product this one is very smooth, the channel is very smooth, smooth end, this may be your competitive edge, but we say that the brand in terms of manufacturing, this terminal is difficult, Coach Outlet Online because the terminal it is another line of business, so that this one is difficult.
The fourth of your business model, such as your new business model. Currently, this business model, which may not be in the industry, may be applied elsewhere in China, no, certainly have in other places, if you find a new business model, and perhaps revitalize the old product is said you can go to train your core competencies.
For each business enterprise, we must identify our strengths, expertise where our resources there, you have only integrated into your most valuable resource, it can form their true competitiveness. Not to say that a competitive model, resources, competitive, but in the end did not show it, it does not work, so you must be able to find your own who you are, where your ability, identify it, and then build our core competitiveness. So I say that if China's market to enhance core competitiveness, I think this is a big topic, a very large topic.
I believe in China in the future a long period of time, as the labor cost is concerned, as the industry supporting speaking, this still has the advantage. Other countries including Southeast Asia, where his industry so full, even though you may be a bit cheaper labor costs, but you have the other not, so he can not give you the final formation of the comprehensive competitive advantage in China is still a competitive advantage with this China's population is still very large, we should say we are still very abundant labor resources.
Do create itself, did not have to do is not, of course, we said, but also to upgrade manufacturing, which is another concept, transformation and upgrading of our manufacturing industry, making sure that the product is different, we manufacture the hardware needed for this product software conditions are different, then maybe we will go to another new phase, possibly upgraded. But the industry is concerned that our country, we have done for so many years, not to completely re-build a business, we are not, we have put our business in this industry it good. In our industry is concerned, we still have plenty of opportunities there, so there are now new technologies, new display devices, including new business models, as things of the future, its greater value-added space, content and services. That there are many, many can do, so I think this industry's competitive advantage, before the low manufacturing cost as we are, and now we are not confined to our manufacturing costs, because foreign investment is the Chinese market, he is also a very cost low, so this time we have to find their own new superior there, Coach Online Outlet Store and if can not find this, I believe this business it will eventually exit the industry.