"Made in China 2025"initiative aimsto transform China from a manufacturinggiantinto a worldmanufacturing power, one drivenbyinnovation and emphasizingqualityover quantity.
Unfortunately, I have seen both the people and the creativity steadily and systematically wasted in pursuit of financial and management fads that seem to have only driveninnovation into the ground.
We expect the company to maintain its market position driven by product innovation and promotional campaigns, and partnerships with superstores to sell its leading Huggies and Pull-up diaper brands.