The Boao Forum for Asia Annual Conference 2026 was held in Boao, Hainan Province, from March 24 to 27.
President Xi Jinping once pointed out: "As an important member of the Asian family, China has continuously deepened reform and opening up, actively promoted regional cooperation, and made progress together with Asia and developed together with the world. The Forum has witnessed the extraordinary journey of China, Asia, and the world, and has played an important role in promoting the development of Asia and the world." This year marks the 25th anniversary of the Boao Forum for Asia. Zhao Leji, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Chairman of the Standing Committee of the National People's Congress, attended and delivered a keynote speech. Leaders from many countries, ministerial-level officials, renowned experts and scholars, and business guests will discuss the theme of the annual conference: "Shaping a Shared Future: New Situation, New Opportunities, New Cooperation." Yang Dongsheng, Chairman and Party Secretary of XCMG Group and XCMG Machinery, was invited to participate in the forum.
On the 25th, the China-Australia Business Leaders Dialogue was held during the Boao Forum for Asia Annual Conference 2026. Yang Dongsheng, as a representative of enterprises, was invited to attend and speak. He shared XCMG's practices in the Australian market layout and its global development concept with three keywords: "deep cultivation", "innovation" and "leading". He called on Chinese and Australian enterprises to work together for win-win results and jointly promote the development of green and intelligent industries.
Deep Cultivation – Adhering to Long-Term Principles and Solidifying the Localization Foundation in the Australian Market Yang Dongsheng pointed out that Australia is an important stronghold in the global high-end equipment market and one of the key regions with strategic value in XCMG's globalization layout. XCMG has built a complete ecosystem of "R&D, production, supply, sales, service, and finance," putting into practice the development concept of "going global, going in, and moving upmarket."
Innovation – Adhering to Technological Leadership and Activating the Core Momentum for Industrial Upgrading Yang Dongsheng believes that technological innovation is the core secret to a company's steady and long-term development, and it is also the core support for XCMG to break through the Australian and even global markets and achieve the leap from "follower" to "leader."
Leading the Way – Focusing on Digital Transformation and Charting a Blueprint for Global Industrial Development Facing the trend of digital transformation in global manufacturing, Yang Dongsheng emphasized that XCMG regards intelligent transformation, digitalization, and networking as its "Number One Project," continuously iterating and upgrading from exporting products and technologies to exporting models and standards, forging a global resource allocation capability that is "visible, responsive, and effective."
"Those who go alone go fast, those who go together go far." In his concluding remarks, Yang Dongsheng stated that China and Australia have strong industrial complementarity, a deep-rooted economic and trade cooperation foundation, and broad prospects for further collaboration. XCMG consistently upholds its corporate mission of "Leading with Engineering Technology, Equipping a Better Future," continuously cultivating the Australian market with high-quality green and intelligent solutions. XCMG will work hand in hand with colleagues from all sectors in China and Australia to seize development opportunities, share innovative achievements, and contribute its strength to addressing climate change, promoting green and low-carbon transformation, and achieving sustainable industrial development.