Chairman Zhao Yan was invited to attend Qingdao Forum of China-EU Entrepreneurs Summit 2020 and delivered a keynote speech

The Forum of Qingdao Forum of China-EU Entrepreneurs Summit 2020 was grandly opened on September 19. The theme of the forum is New Situation, New Opportunity and New Economy—Building a New Pattern of One Belt and One Road and Win-win International Cooperation. The Forum was hosted by The Federation of Chinese and Foreign Entrepreneurs and Qingdao Municipal People's Government.

The main venue of this forum is in Qingdao, with four European sub-venues in London of England, Madrid of Spain, Dublin of Ireland and Milan of Italy. Celebrities, entrepreneurs and scholars from political, business and academic circles of more than 20 countries in the world have conducted dialogues and exchanges in the face-to-face and screen-to-screen way. We will examine the trend of global economic in the post-epidemic era and explore new opportunities for cooperation and development of Chinese-European entrepreneurs under the new changes.

Zhao Yan, Chairman of Bloomage Biotech, was invited to attend the Summit Forum as a member of the Federation of Chinese and Foreign Entrepreneurs, and delivered a speech on the theme of Domestic and International Double Cycle Innovation Cooperation and Thinking.

Photo from Qingdao, Phoenix. Com

Chairman Zhao Yan said that as a biotech company and a bioactive material company, Bloomage Biotech focuses on functional sugars and amino acids that contribute to human health. Hyaluronic acid accounts for 39% of the global market share, ranking No. 1 in the world.

The company attaches great importance to basic research and applied basic research, and promotes each other through the combination of endogenous and exogenous R&D in mechanism. Within the enterprise, the research and development system and research direction have been sorted out, dozens of R&D studios have been established; outside the enterprise, external brain has been actively introduced, and national or provincial key laboratories have been established in cooperation with domestic and international famous scientific research institutes.

At present, Bloomage Biotech carries out point-to-point R&D cooperation with Tsinghua University, Jiangnan University, Shandong University, Tianjin University of Science and Technology and other universities and scientific research institutions in China. We actively carry out scientific research cooperation with many internationally famous universities such as Harvard University and California Polytechnic University in foreign countries. At the same time, the company has established branches (subsidiaries) in Hong Kong, the United States, France, Japan and other places.

In 2017, Bloomage Biotech wholly acquired Revitacare, a French enterprise, to further improve the company's technical level and product design concept in the field of skin management, while enriching the company's product line.

At the summit, Chairman Zhao Yan also pointed out that enterprises must be Three-Chains and give full play to the main value if they want to get through the Double-Circulation at home and abroad.

Three-Chain is the important positioning of Bloomage Biotech in enterprise strategy. Relying on the scientific and technological power and product power of Bloomage Biotech, it becomes the maker and leader of industry standard in the industrial chain; relying on the market power and brand power of Bloomage Biotech, it becomes the key link to control the intermediate links in the supply chain. With the help of scientific and technological force, product force and brand power, it builds the competitiveness of the company and becomes the core hub for optimizing the allocation of resources in the value chain.

Through the Three-Chain isomorphism, create the enterprise vitality of Bloomage Biotech—continuous innovation ability and continuous profit-making ability, and then continuously bring healthy, beautiful and happy new life experience for human beings.

It is reported that the China-EU Entrepreneur Summit was founded by Mr. Long Yongtu, former vice minister of the Ministry of Foreign Trade and Economic Cooperation and chief negotiator of China's WTO. It has been held in London and Paris and other European cities in turn since 2008. At present, it has been successfully held for 10 years. It has been widely supported by China-EU entrepreneurs and enjoys high international reputation. The China-EU Entrepreneur Summit announced that Qingdao would be the permanent venue in 2019.

At the forum, the launch ceremony of Qingdao China-EU Enterprise Innovation Cooperation Development Fund was held. The Science and Technology Innovation Committee of the Chinese-Foreign Entrepreneurs Federation were inaugurated. Seventeen China-foreign cooperation projects, including the China-Europe Trade Industry Accelerator, were signed on site.