Former British Prime Minister Winston Churchill once said: "there is no eternal friend, there is no eternal enemy, only eternal interests!"

Less than ten minutes before the official start of the conference, when Fang zhe walked into the venue, he happened to see three big men of bat, two horses and one Li, sitting together under the stage, talking and laughing happily!

Such a scene is really rare. Fang zhe plans to join the fun curiously. Who thinks he hasn't come to him yet, President Ma of Tencent, the first of the three to see him, winked at the other two.

Immediately, Fang zhe was puzzled to see that the three people who had been talking happily suddenly became serious, one by one, or sat upright, or turned around to say hello to Fang Zhe.

The official of the conference deliberately arranged four seats close to each other, from right to left were President Ma of Tencent, President Ali Ma, President Li of Baidu and president Fang Zhe.

Fang zhe greeted the three politely and sat down in his seat. At the same time, he began to recall their reactions just now.

While thinking, Fang zhe specially owed his body forward and inadvertently glanced at the three people's current expression. The three people's breathing skills are really good. At least Fang zhe can't see what they are thinking at the moment.

Fang Zhe always felt something was wrong, but he couldn't figure out the key for a while.

While he was thinking, the conference officially began!

The theme of this year's conference is: the way of strategy in transformation. Fang zhe has little interest in listening to the theme name alone. To talk about transformation, I'm afraid we should talk more about this topic. It is the manufacturing industry with serious overcapacity in the past two years. In contrast, the transformation of the Internet industry is nothing more than the familiar transformation from the traditional Internet to the mobile Internet in recent years.

Of course, this conference is called it leaders summit. It involves not only the Internet industry, but also a large number of related industries such as communication, electronics and computers.

Therefore, the keynote speakers invited by the conference this year also include the leaders of these industries.

The opening ceremony of the conference was still the customary speech of relevant government leaders and special guests, and what made Fang Zhe's eyes narrowed was that the special guest who delivered the opening speech this year was an economist who once served as vice president of the people's Bank of China!

This has never been arranged at previous it summits, which also reflects the official signal that they hope to convey to the outside world through this conference.

Fang zhe closed his eyes and recalled that in the past few years, because of the global economic crisis in 2008 and the huge investment of $4 trillion invested by the domestic government to stimulate the economy, many domestic manufacturing enterprises are facing the crisis of overcapacity, such as the iron and steel industry with serious overcapacity. The price of a ton of low-end steel is not even a ton of cabbage, The transformation and upgrading from low-end industry to medium and high-end industry is imminent.

One belt, one road, and the other side of the supply side will see the shadow of solving these problems.

After the opening ceremony, Fang Zhe and the other three bat giants all sat under the stage and continued to be the audience. Gein invited the main guest speaker this morning. None of them had a conversation. Their conversation was arranged for this afternoon. Now they are invited to the stage, including Yang Yuanqing, chairman and CEO of Lenovo Group and Shi Lirong, President of ZTE, Zhang Yaqin, global vice president of Microsoft.

These three are also famous leaders in the domestic IT industry, but their industry is more inclined to the IT services at the bottom of the Internet.

In his previous life, Fang zhe didn't pay attention to what they talked about when they attended the IT summit, let alone what they said. Therefore, in this life, Fang zhe tried to be fresh and listened to their conversation carelessly.

First, the host mentioned a problem quite related to the theme of "transformation". How to treat Kodak bankruptcy?

Kodak mentioned by the host is the world's largest image product company. It was established in 1880. Its main products include film cameras, film, photography equipment and other image products.

The company has a history of more than 130 years since its establishment. At its peak, it once occupied 23 of the global market of the industry. However, such a century old top multinational company submitted an application for bankruptcy protection two months ago.

Kodak's bankruptcy caused a great earthquake in the world. The last bankruptcy of a century old multinational company like this occurred in the bankruptcy of Lehman Brothers in 2008. That event directly triggered the global economic crisis.

Therefore, many people say that Kodak's bankruptcy is likely to be the beginning of another global economic crisis. In addition, at present, China is facing a serious overcapacity crisis, and all kinds of alarmist remarks are popular. The host threw out this hot topic and debated it.

The three people on the stage are quite interested in the topics thrown by the host. In fact, since Kodak's bankruptcy news came out these two months, many people around the world have been paying attention to, debating and analyzing the reasons for Kodak's bankruptcy.

Each of the three expressed his own views. Even Fang Zhe, a reborn, agreed with many of the views put forward by the three of them.

Kodak's bankruptcy can be said to be deeply related to today's theme "transformation". Kodak's bankruptcy can be regarded as a typical case of transformation failure.

Specifically, the film business, the main business that has contributed a lot of profits to Kodak in the past few decades, is a shrinking industry. The times are progressing and the industry is changing. The rise of digital cameras and the continuous optimization of photographing functions of mobile phones and other electronic devices have shrinking the global film industry.

Kodak invented the world's first digital camera. However, Kodak has been reluctant to develop the digital camera business because it is worried that the digital camera will affect the profits of the existing film business. Until now, the global film industry has completely shrunk, and Kodak ended in bankruptcy.

This kind of enterprise development history is somewhat stupid and incredible to any normal person, but it did happen to Kodak and many enterprises and industries around the world.

For example, when the car was just invented a few centuries ago, in order to protect the interests of the coachman, the British government stipulated that the driving speed of the car should not exceed that of the carriage. Nokia has always been the overlord of the global feature phone industry. However, when the smart phone came out, Nokia's smart phone business has been developing slowly in order to protect the interests of the existing feature phones, After the emergence of e-commerce industry, Didi, Uber and other emerging economies, many offline stores and taxi drivers boycotted and protested.

Transformation does not mean the simple upgrading of low-end industries to medium and high-end industries. It also means the loss of existing interests and the redistribution of vested interests, especially for a company, an industry, a country and the change and adjustment of global supply chains involving multiple countries.

The emergence of wechat has robbed Tencent of the track and opportunity to transform to the mobile terminal. The e-commerce enterprises and companies invested everywhere have also made the competitive environment and benefit distribution of the e-commerce industry more complex. As for google president Li, who looks kind next to Fang Zhe, Fang zhe suddenly remembered the wolf culture advocated by Baidu and Huawei.

The wolf travels thousands of miles to eat meat. Fang zhe seems to suddenly understand what's wrong with what he perceived before. According to the situation of his previous life, at present, the three big men of bat should dislike each other. The three companies are very competitive in business.

But just now I saw the three of them talking and laughing, and where did they look a little different? They also specifically avoided themselves. Is it difficult? The three of them have been in collusion and intend to join hands to deal with

"Who else can you deal with, of course, me!"

Fang zhe was in a cold sweat on his back.