On September 21, 2022, the 10th G20 Leaders' Closed Door Summit concluded in Shanghai. The theme of this conference is "High Quality", and there will be full exchanges and discussions on market, capital, competition, talent, responsibility, and other aspects. Constructive opinions will be put forward on the high-quality development of the industry, and consensus will be reached on the Shanghai Declaration to promote the high-quality development of China's logistics technology industry. Yin Junqi, Chairman of Vstrong Intelligent Technology, was invited to attend and preside over the meeting.

        The G20 Leaders' Closed Door Summit serves as a forum for China's logistics technology leaders, gathering leaders and visionary entrepreneurs to effectively discuss the current high-quality development of enterprises and industries through leading forces and G20 communication platforms. It is hoped that through this meeting, solutions will be found for the industry's high-quality development under the influence of uncertain factors and intensified competition, and efforts will be made to promote it.

        Under the influence of multiple factors, the development of the industry has approached the bottom, and it is believed that it will continue to maintain relatively rapid growth in the next few years. However, with the support of technology and capital, the industry's track has narrowed, homogenized competition is severe, and professional talent cultivation lags behind. The attending entrepreneurs unanimously believe that supporting and promoting the high-quality development of China's logistics technology industry is a major plan related to industry development, and have put forward their own suggestions and proposals for high-quality development.

       Yin Junqi pointed out in her speech: Since the epidemic, the development of the logistics equipment industry has faced various problems, especially supply chain issues, labor cost issues, and many projects being unable to be delivered on time. However, in the long run, we still need to have confidence in the future. The epidemic will eventually pass, and difficulties will eventually be temporary. For enterprises, innovation, quality, and talent are of utmost importance. Looking at the development of the industry over the past few decades, only enterprises that have always adhered to quality can delay the development Continuing and achieving greater and stronger growth. Everyone has gone through a period of drastic change and a brutal price war, but they have all survived, indicating that we are in line with the trend of the times. Our values should meet the needs of the times and be combined with the needs of the times. In the future society, there will be an increasing tendency towards high-quality and low-priced products. Low prices need to be achieved through innovation and efficiency improvement, rather than by reducing product configuration and quality. Without quality, there is no way to talk about it. Today we see that enterprises with stricter quality requirements have higher recognition and industry status in the industry, which is also the direction of our future development.

At this summit, the G20 proposed an initiative to promote the high-quality development of China's logistics technology industry, and

 reached a consensus through the G20 Leaders' Summit to seize the key opportunities for strategic adjustment of China's logistics 

technology development. This is also the first time that the industry has placed the issue of high-quality development at the forefront,

 in order to promote high-quality, sustainable and healthy development of the industry.