Shi Lirong, CEO of ZTE, in an interview talked about the Chinese telecommunications equipment company in the opportunities and challenges facing the world.
Shi Lirong pointed out that domestic and international market environment is undergoing profound changes and more intense global competition. Chinese companies have gradually achieved technology leadership, which should seek to advance the market niche that seize the opportunity to catch up with Western counterparts in the 4G era.
"Global networks are facing the transition from 3G to 4G, the Chinese enterprises in the 3G era started later than the western counterparts more than 5 years, but in terms of 4G, we are at the same starting line. " Shi Lirong said that the global communications industry Since last year for a new round of consolidation mergers and acquisitions, the demand for mainstream operators are also changing, in general, after many years of research and development of Chinese enterprises and the accumulation of market experience, opportunities should outweigh the challenges.