Neusoft Chairman & CEO Dr. Liu Jiren Speaks on World Business Forum 2006

China’s Human Resources Are Becoming Engine of China and World Economy

[By our staff reporter, June 7th, Chicago] The World Business Forum 2006, the year's most important gathering of business leaders in the world, opened in Chicago, the United States today. Former US president Bill Clinton, Former US Secretary of State Colin Powell, the American master strategist Michael Porter, the famous Japanese strategist Kenichi Ohmae, and Chairman & CEO of Neusoft (China) Liu Jiren were invited as VIP speakers. Over 2000 senior managers, strategists and business leaders from the world economic community also attended the forum. As the only speaker from China, Dr. Liu Jiren made a keynote speech titled Creating Value with Human Resources - Strategy for Human Resource Development in China. He said that China’s human resources have become a driving force in integrating China into the global economy, which attracted the interests of attendees in China’s human resources.

The World Business Forum combines a learning experience with outstanding opportunities for networking with top executives, thinkers, and business decision makers from all sectors of industry. Over 77% of attendees are senior executives defined as CEOs, presidents, business owners and general managers. Their speeches usually touch upon global peace and prosperity, strategy and innovation, development and crisis and etc. Being invited of Dr. Liu Jiren to such a high-profile forum indicates that China has become a shining star on international stage with its fast economic growth. China’s high-tech industry is rising rapidly; although China was once famous for “Made in China”, it is moving up the value chain of the global economy with its advantages and core competitiveness gradually transferred from manufacturing to high-tech industry. China’s highly competitive human resource is becoming the indispensable force in driving the global economy.

As a university professor and a business leader, Dr. Liu Jiren told the world business elites how to take advantage of human resources to create enormous business value by showing them the fast growth of Neusoft over the past 15 years and the success in human resources innovation, which was the core of Neusoft’s development. The human resources innovation advocated by him can be embodied in the following four aspects:

1. Interactive integration of business, colleges, and research: Interaction between enterprises and universities on human resources will bring vitality to both of them;
2. Management of invisible HR cost: Communication, trust and share of knowledge will, if well managed, create more value;
3. HR development is an important marketing tool; 
4. Co-operation across organizations leads to win-win outcomes, which will be a major trend of HR development.

It is reported that Neusoft led by Dr. Liu is a leading software and solution provider in China. It is also a leading offshore software outsourcing provider. Neusoft has established win-win partnerships with a dozen of leading multinational companies based on its rich experience and solid foundation in HR development. Against traditional HR development mechanism and strategies that decentralized human resources at enterprise level, Neusoft seeks to create value with human resources by launching an interactive ecological HR system.

Neusoft has been a member of the world top business forum for its innovation and outstanding achievements in HR development, which also reflects that innovation and achievements of China’s software companies have been gradually noticed and recognized by the international community. Dr. Liu believes that the world has, in this great time, given China a chance; and in turn, China has offered that chance to Neusoft.

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About Neusoft

Neusoft Group is a leading software and solution provider in China. Founded in 1991, Neusoft has three inter-promoting business units that are engaged respectively in software & services, medical systems and IT education & training, supported by a total staff of over 8,000 currently. In addition, the Company has set up software parks in four cities of Shenyang, Dalian, Chengdu and Nanhai for further R&D and HR reserve. After successfully constructing a complete sales & service network covering over forty cities around China, it has further extended its branches to US and Japan. For present, Neusoft offers products and service to over 8,000 large customers, maintaining leading market shares in telecommunications, social insurance, enterprises, electric power, tobacco, network security and other sectors. It is also China’s largest offshore software outsourcing service provider. For more information, please visit https://www.neusoft.com.

For more information, please contact:
Evelyn Tang, PR Dept., BCC, Neusoft Group Ltd.
Tel: 0086-24-83665663
Fax: 0086-24-83663451
Email: tangyi@neusoft.com