Economic Daily: Changxin Technology Witnesses the Charm of Long-termism

Changxin Technology's "wealth creation myth" has provided us with vivid practical experience in cultivating industries. Industrial competition requires not only strategic vision from local governors but also serves as a test of long-term commitment. This offers us rich practical experience in nurturing industries. For a long time, some regions have shown a tendency to chase trends, eager for "quick wins" in projects, often leading to a rush to establish initiatives that emphasize short-term metrics and pursue superficial achievements aimed at immediate results, which makes it difficult to foster robust technology enterprises that require long-term investment. It is essential to leverage the guiding role of a "proactive government," using institutional supply and ecosystem development to lay fertile ground for technological innovation and to expand the space for patient capital. We must also recognize that long-termism is not about reckless persistence or stubbornness; it requires both strategic determination and tactical flexibility. We need to establish mechanisms for long-term cultivation to prevent easily swaying our direction due to short-term fluctuations, while dynamically tracking and scientifically assessing the evolution of technological pathways and changes in market demand. While staying committed to a long-term direction, we must embrace change and respond to uncertainties with a flexible posture.