The construction of a quality-strong country has been incorporated into the report of the 20th National Congress of the Communist Party of China as a key strategy. Last year2In the month, the Central Committee of the Communist Party of China and the State Council jointly issued the 'Outline for Building a Quality Powerhouse', outlining a development blueprint centered on 'three transformations': namely, the upgrade from Made in China to Created in China, the transformation from pursuing speed to pursuing quality, and the evolution from product export to brand building.
Frost & SullivanFrost & Sullivan,Under the strategic guidance of Frost & Sullivan's Greater China region, it has actively promoted its own digital transformation and service, model innovation, committed to high-quality development, embarked on a journey of transformational growth, and has become a leader in the investment and enterprise growth consulting industry. With the global62With the rich experience and brand assets accumulated over the years, Frost & Sullivan Greater China has continuously deepened its professional services under the leadership of Wang Xin. It helps the enterprises it serves achieve a qualitative leap on the basis of the 'three transformations' and leads the enterprise brands towards outstanding growth.
Dr. Wang Xin
Global Partner and Chairman of Frost & Sullivan Greater China Region, Founder and Chairman of LeadLeo
In the industry, many people know Wang Xin as well as they do Frost & Sullivan. As the soul figure of Frost & Sullivan's Greater China region, Wang Xin is deeply ingrained with the firm.
20Before the New Year, Wang Xin took the lead in introducing the role of industry advisor into Hong Kong and overseas capital markets, making outstanding contributions to establishing and standardizing the business processes and service standards for industry advisors in the investment and financing sector. From New York to Hong Kong, and then from Beijing to Shanghai, Wang Xin has been deeply involved in the consulting industry, leading his team to continuously assist tens of thousands of Chinese enterprises in entering the international capital market, helping domestic and foreign investment and financing institutions understand and invest in Chinese enterprises.
2023year4month20Today, Frost & Sullivan and LeadLeo Research Institute, as strategic partners, jointly released with the Organizing Committee of the Boao Forum for Global Health at the Boao Forum for Asia International Health Industry Forum4Report of the Conference
Frost & Sullivan Greater China25Anniversary Celebration Launch Ceremony
20Over the past year, Frost & Sullivan has retained its leading position as the professional industry advisor with the largest market share for Chinese companies listing in Hong Kong and overseas.20After the New Year, this agile thinker and eloquent leader still expressed confidencefully, "In the face of choices, I believe we must stick to our original intention and focus on our core business. We are optimistic about China and the future development of Chinese enterprises; this is our original intention and our core business."
Frost & Sullivan's goals and direction have never changed, but under Wang Xin's leadership, the ways in which business growth is achieved are becoming increasingly diversified.
For the consulting industry, model innovation and service innovation are two core indicators for evaluating the quality of a company, and Frost & Sullivan has been increasing its investment in innovation.
In recent years, Frost & Sullivan has established a market position validation system and pioneered the launch of 'FSBVThe 'Frost & Sullivan' Brand Value Model&rddquo;. Today, Frost & Sullivan has served more than500The firm provides market position validation and brand valuation services, helping many Chinese brands move towards sustained growth together. Frost & Sullivan's research reports are also widely cited.AThe brand awareness and influence of listed companies such as stocks and science and technology innovation boards, as well as research reports from primary and secondary markets, and other public documents in the capital market are increasing day by day. What Wang Xinjinzi is most proud of is the digital future empowered by technology.
Actively explore the path of innovative development
Wang Xin introduced that Frost & Sullivan actively responds to the call for the construction of 'Digital China', and in recent15Before the Spring Festival, we started implementing the traditional consulting model of "transforming mindset". During the transformation process, the company adoptedAIWe have also made many attempts in sequence, leveraging advanced digital technologies such as large models and cloud computing.2018In [year], Wang Xin founded LeadLeo (hereinafter referred to as 'LeadLeo'), breaking through the high-price barriers and pain points of the traditional consulting industry such as 'repeating the same wheelsets' through model innovation.
Over the past five years, 'LeadLeo' has focused on exploring paths and applications for digital transformation, and pioneered an open-source, multi-party collaborative, scalable AI-driven research platform, 'BrainPower', for knowledge management and research assistance.KaaSSystem. Currently, LeadLeo's 'BrainPower' is equipped with 'AIreasoning+AISearching for ”Dual engines can not only help analysts improve work quality and efficiency, but also save the enterprise at least10%—20%The cost is also able to further empower the transformation and upgrading of the knowledge service industry. It has been widely applied in government parks, financial institutions, investment institutions, securities firms and investment banking, various enterprises, research institutions, media, universities, etc.20Tens of thousands of institutional and individual users.
Frost & Sullivan was established in1961year, and1998Entering the Chinese market in [year], the company has consistently focused on transformational growth.20century90In the late 2010s, the company began to expand its growth consulting business and2010The business of 'Knowledge as a Service' growth analytics was launched in 2019. Wang Xin further innovatively proposed 'Artificial Intelligence Empowered, Blockchain-based Knowledge Services as a Solution'. In Wang Xin's view, 'Knowledge Services' are first and foremost Frost & Sullivan's 'unchanging core'. 'We start with knowledge, identify unmet market needs, use digital tools to develop diversified businesses, and adapt services to different scenarios. This is the path of innovation I understand.'
2022In [year], Wang Xin first proposed the construction of 'Full-Region Investment Management (TIM)”—— It is an ecological service system that covers the entire life cycle and entire industrial chain of enterprises, and it is also an innovation in investment concepts and methodologies. In Wang Xin's view, whether it isPRPublic Relations,IRInvestor Relations,GRgovernment relations, orARAnalyst relationships can all be summarized asVRValue relationship. ThroughVRManagement, Frost & Sullivan helps enterprises position themselves and enhance value, tell capital market stories effectively, and achieve efficient communication with investment institutions, investors, industry affiliates, stakeholders, etc. Through rich practice, a unique service model has been formed to comprehensively assist Chinese enterprises in achieving growth.
Wang Xin has identified this path of 'translating one's own experience to others', allowing Frost & Sullivan to thrive on the land of China, exuding new vitality, and precisely validating the inevitable trend of China's manufacturing evolving into Chinese creativity and innovation.
The transformation from speed to quality
In the theme of China's economic and social development during the 14th Five-Year Plan period and beyond, high-quality development is an important aspect related to the overall situation of socialist modernization. China's economic miracle has shifted from a 'speed miracle' to a 'quality miracle,' a change that is quietly taking place.
"In less than half a century, China'sGDPincreased350"Ten times faster than before, which is an unprecedented feat globally." Wang Xin believes that China's rapid economic growth is due to its massive market size, improved labor quality, supporting industrial chain structure, complete logistics and infrastructure, stable policies and regulations, as well as a secure political environment.
2023year9month27day,2023The 2nd New Investment Expo and the 17th Frost & Sullivan Global Growth, Innovation and Leadership Summit grandly opened in Shanghai.
As a pioneer in the global consulting services industry, Frost & Sullivan also holds a leading position in China's consulting services sector. They have accumulated a wealth of accurate data and rich research experience across various sub-industries. They are committed to closely integrating professional consulting services with technical insights to provide clients such as enterprises, investors, and government agencies with coverage of investment and financing activities, business growth, and development planning.15A knowledge solution for multiple scenarios to help achieve higher-quality development. As of2022At the end of the year, Frost & Sullivan established a presence in Greater China.7The office covers multiple important cities including Beijing, Shanghai, Hong Kong, Shenzhen, Nanjing, Chengdu, and Taipei, providing professional services in a more customer-centric manner. Wang Xin introduced that Frost & Sullivan's global layout, including high localisation in China, can enhance service flexibility and responsiveness, increase understanding of customer needs, significantly reduce communication costs, and provide customers with a better sense of gain.
During the rapid development of the Chinese economy, Frost & Sullivan has always played a positive role and made concrete contributions to promoting the high-quality development of China's economy and society.
For example, Frost & Sullivan has nearly500The human analyst team at Frost & Sullivan has been tracking high-growth and emerging sectors for a long time, and they have insights into the trends in technology and industry development. Through initiatives such as the 'Pioneers Program', 'Best Practice Awards', and others, they help hundreds of enterprises at different stages of development focus on innovation and R&D capabilities, establish effective investment and financing strategies, talent strategies, thereby building core competitiveness and achieving deeper long-term driving growth. At the same time, Frost & Sullivan places great emphasis on corporate social responsibility. Through integration of industry and education, training, university competitions, and cloud internships, they cultivate future industry talents for society, benefiting tens of thousands of college students. In addition, they continue to pay attention to the 'dual carbon' field, producing a large number of forward-looking reports on green industries, guiding investors to focus on China's green industries.
Wang Xin stated, 'China's favorable open policies and inclusive business environment have provided a huge stage for Frost & Sullivan and the driving force for its vigorous development. Therefore, we must 'reciprocate kindness' by actively demonstrating the vitality of Chinese enterprises, the potential of industries, the resilience of the economy, and the bright prospects of Chinese-style modernization.' At the same time, he also mentioned that Frost & Sullivan needs to keep pace with the times, maintaining both speed in competition and adhering to the quality baseline. 'As a globally renowned brand in our industry, we have the responsibility to set an example in integrating quality (product) with efficiency (process).'
Build a Brand with Professionalism
Brand building is crucial for high-quality development. It is a long-term, strategic task and a systematic project. Especially for the service industry, strengthening and refining brands is of utmost importance.
Against the backdrop of the country's advocacy for service industry standardization and branding, Shanghai, as a major economic center in China, is rapidly emerging as an important hub for knowledge-intensive services. With the intention of locating the company's Chinese headquarters in ShanghaiCBDFor Frost & Sullivan, this presents an excellent market environment and historical opportunity.
after62With years of dedicated management, the Frost & Sullivan brand enjoys a high reputation in the industry. The Global Growth, Innovation and Leadership Summit, founded by Frost & Sullivan, has been held globally50Successfully held in a country or region30For many years, it has been held in China for seventeen sessions. It is an important platform for outstanding enterprises, investment institutions, and regulatory authorities from all sectors in China to exchange successful experiences and jointly explore development directions. It is also an important window for the world to understand China's most cutting-edge development trends.
Against the backdrop of global economic integration, cross-field cooperation has become an important trend in the consulting service industry. Wang Xin deeply understands that the integration and exchange between different industries provide consulting services with broader development opportunities.2023year9The annual Frost & Sullivan Summit, held monthly, was once again convened in Shanghai for two days. The theme covered cutting-edge areas such as specialized and sophisticated products, high-end manufacturing, new energy and carbon neutrality, life sciences, and the digital economy, attracting3000The event was attended by a large number of professional viewers, setting a new record for attendance and becoming a concentrated manifestation of the brand influence of Frost & Sullivan.
2023The year marked the entry of Frost & Sullivan into the Chinese market for the first time25years.25Over the years, Frost & Sullivan has always centered around the theme of innovation and technology, aiming for growth. It has accompanied Chinese enterprises through their growth and success, jointly responding to market changes and challenges, seizing opportunities and creating value as its business and mission. The firm is committed to using professional knowledge to add value to corporate capital operations, energize industry transformation and upgrading, and serve national economic and social development. Wang Xin admits, 'I am a person who persistently challenges myself. The pressure to keep going is great, but no one in the market will remember second place, so we can only become more specialized, refined, and better.'
In recent years, Frost & Sullivan's business has been continuously diversifying, extending its services to the entire lifecycle of enterprises, and transforming its organization as a whole towards digitalization. When talking about future plans, Wang Xin has a firm gaze, 'We aim to evolve from a consulting company into a brand company, building a century-old brand in the knowledge service industry. Based in Shanghai, serving China, facing the world, and achieving win-win cooperation.'
Let us jointly look forward to the transformative growth journey of Frost & Sullivan China, which will shape a brighter future in a more vivid and innovative way, continuously injecting new vitality into Chinese enterprises and the global economy.
*This exclusive interview was published in China Weekly, authored by Li Li and Wang Xin, and released with media authorization.
