The World Economic Forum announced its selection of Global Growth Companies (GGCs) in Tianjin, China. LiuGong, along with 12 of the region’s most dynamic and high-growth companies, was the only one in China's construction machinery industry on the list. Yu Chuanfen, President of LiuGong, was invited to attend the event.
GGCs are fast-growing companies with the clear potential to become global economic leaders. The 14 nominated GGCs from China represent a broad cross section of industrial sectors, but share in common a track record in exceeding industry standards in revenue growth, promotion of innovative business practices and demonstration of leadership in corporate citizenship. These companies are considered trailblazers, shapers and innovators that are committed to improving the state of the world.
