US Secretary of Commerce Ross announced on the 7th that he reached a new settlement agreement with China ZTE Corporation.
The US Commerce Department said in a statement on the same day that Ross announced on the same day that ZTE and its affiliates had agreed to pay fines and take compliance measures to replace the US Department of Commerce’s previous ban on the company’s procurement of parts from US suppliers.
According to the statement, according to the new settlement agreement, ZTE paid a fine of 1 billion US dollars, and prepared another 400 million US dollars to be kept by a third party, and then the US Department of Commerce will remove ZTE from the ban list.
As one of the world's leading integrated communications solutions providers, ZTE maintains a good working relationship with many US suppliers, providing support for nearly 130,000 high-tech jobs in the United States. Experts pointed out that due to the close cooperation between ZTE and many US companies, the US government's export control measures for ZTE will also cause losses for ZTE's suppliers in the United States such as Qualcomm and Intel.
International Criticism: ZTE and the United States finally signed an agreement! It is hard to come by, it deserves to be deeply pondered and cherished by all parties.
After nearly two months of negotiations, the ZTE event finally had the latest results. This result is hard to come by and deserves deep thought and cherish. Among them, the party ZTE finally escaped and saved the vitality. Of course, judging from the contents of the agreement signed with the US, the huge fines, the adjustment of the board of directors and the management, and the acceptance of the US supervision at any time... The price paid by ZTE is quite heavy and painful. However, objectively speaking, this is a list that a multinational company must buy because it violates the spirit of the contract. Because of the contempt for laws and regulations, the consequences must be borne by Chinese companies and even all multinational companies.
Looking back, from April, the US announced that it will implement a seven-year export ban on ZTE. In May, China-US Beijing consultations and Washington consultations, and then in June China-US-Beijing consultations, the ZTE incident will be ups and downs, behind Game negotiation is hard, complicated and thrilling. The settlement agreement reached this time is not easy for both China and the United States. The information conveyed by this incident is even more thought-provoking and inspiring:
First of all, the ZTE incident is only a case of corporate violations. However, the Chinese government has invested a lot of resources and the United States to strictly negotiate with the people, and finally returned to ZTE.
ZTE made a mistake in 2010. Because it was driven by commercial interests, it did not hesitate to destroy the basic rules of cooperation with the US. It violated US regulations and was punished by commercial transaction rules and laws and regulations. On the same day, on the day of the US ban on ZTE on April 16, the Chinese Ministry of Commerce stated: "China has consistently required Chinese companies to abide by the host country's legal policies and conduct legal and compliance operations in the course of overseas operations."
However, as the largest listed company in China's communications equipment, ZTE's life and death is related to the livelihood of 80,000 employees and 20,000 families in the company. It is also related to the future and destiny of thousands of enterprises and hundreds of thousands of employees in the upstream and downstream of the industrial chain. major. The starting point and the foothold of the Chinese government's work are for the people. The mistake of a company's decision-making cannot affect the vast number of innocent employees and families. Based on this, the Chinese government has invested a lot of resources, from Beijing to Washington to Beijing, and the US. After several rounds of strict orthogonalization, ZTE was finally rescued. This also shows that a confident and strong government is the most solid backing of the people.
Second, information technology is the most open industry in the world, and the industry chain is globally announced. ZTE has worked closely with many American companies to save ZTE, but it also safeguards the interests of American companies. This is an important consideration for the Trump administration to decide to let ZTE go.
At present, countries all over the world are developing information technology. Although the United States is leading the world in some fields, it cannot be completed independently. According to statistics, there are nearly 130,000 high-tech jobs in the United States, which are related to the cooperation between ZTE and US companies. If the U.S. government’s export control measures for ZTE come into effect, ZTE’s suppliers in the United States, such as Qualcomm and Intel, will inevitably suffer losses. In fact, after ZTE resumed operations, the major suppliers in the United States were happy and the stocks rose to varying degrees on the 6th. This is the market data statement: release ZTE, which is conducive to the cooperation between Chinese and American companies, and also beneficial to the global information technology industry chain. The perfection and development of technology is a choice that is in the interest of all parties.
Third, international companies must have an international model. Don't be a "giant baby" and don't use business interests to wrap the government.
The above mentioned that the Chinese government has turned the tide for the people's considerations and helped ZTE to save back from the life and death line. But this does not mean that Chinese companies are looking for the government to come to the future. To do business in the international market, it is about the spirit of the contract and the rules and regulations, not the administrative intervention of the government. Chinese companies have gone abroad more and more in the past few years, but when they go out, the key is to understand the rules of the international rules and to build a solid umbrella for themselves. International companies must have an international style. If they go out, they cannot be "giant infants". The motherland is stronger, and their own affairs must be done by themselves.
Fourth, the ZTE incident does not represent the overall appearance of Chinese companies, but it is a mirror for Chinese companies. Chinese companies must further alert to the necessity and urgency of innovation, and must firmly grasp the core technology of this life in their own hands.
In the past 40 years of reform and opening up, China has embarked on a road of independent innovation with its own characteristics. At the academician meeting of the two academies on May 28, President Xi Jinping affirmed the importance of this road, and pointed out that "the situation is compelling, the challenge is compelling, and the mission is compelling", pointing out that China's "key core technology is not subject to the situation of people." "Fundamental changes" must be vigorously developed science and technology, and strive to become the world's major scientific center and innovation highland. The occurrence of the ZTE incident, I believe that every Chinese company and every Chinese has a deeper understanding of this.
"Self-improvement is the best in the world." This road of independent innovation with Chinese characteristics, which is based on self-reliance and actively utilizes international innovation resources, must be unswervingly pursued by the Chinese people, concentrate on doing great things, and break through the predicament of core technologies subject to human beings as soon as possible. On the whole, if the ZTE incident is dangerous, this may be the biggest revelation and the biggest turning point that China has gained from it!
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