摘要：What changes have geopolitical tensions brought to the division of labor in globaltrade, investment and industrial chains, and wha

What changes have geopolitical tensions brought to the division of labor in globaltrade, investment and industrial chains, and what medium- and long-term constraints maythese changes impose? How should businesses deal with the uncertainty brought about bythis situation?

HU Baishan

Corporate Member of the BoaoForum for Asia; Executive Vice President & COOat vivo, President of vivo Central Research Institute

In an uncertain macro-environment, there is indeed a risk that markets may be forcibly "torn apart" due to technological competition. For the tech industry, this will lead to increased risks and R&D costs. The focus of the industrial chain, both upstream and downstream, will shift from "efficiency first" to "security first."

To cope with this, tech companies should focus on the heart of our industry — creating a wonderful experience for our extensive user community. Although we need to reassess the risks of technological dependence, optimize our supply chain layout, diversify risks, and continuously strengthen our core competitiveness, we also firmly believe that a sustainable model for the entire industrial chain is not about "breaking the chain to survive" but about "connecting the chain to win together". All enterprises should stand together with upstream and downstream partners, share risks, enhance mutual trust and connectivity, and jointly improve the industrial chain's resilience.

来源：博鳌亚洲论坛