Business · Companies · 11 hrs ago

Taiwanese entrepreneur in Nanning turns from concrete to AI

Taiwanese entrepreneur in Nanning turns from concrete to AI

Taiwanese businessman Zhou Daixiang has built his career in Nanning, in China’s Guangxi region, after returning there from Canada in 2011.

His family’s concrete company had relied on handwritten records and workers’ experience, so he introduced digital systems to share information across the business.

The company’s output value grew from more than 100 million yuan to nearly 700 million yuan, according to Zhou.

He points to a concrete plant in Hainan where digital and AI upgrades were linked to 30% higher production efficiency and 40% lower labour costs.

Zhou says he is discussing how AI could help concrete businesses manage overdue payments, a persistent problem for the industry.

He sees Guangxi as a link between China and ASEAN markets, and advises Taiwanese entrepreneurs to develop their businesses across China, bring them together in Guangxi and seek customers in ASEAN.

Nanning offers startup support, including a 5,000-yuan reward for eligible young entrepreneurs after a year of operation and government-backed loans; Zhou is exchanging ideas with industry peers about applying AI.

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What people are saying

Zhou DaixiangChairman of Guangxi Nanning Jiatai Concrete Products Co.
AI’s transformation of traditional industries is no longer just the icing on the cake; it is reshuffling the field.
via China News Service
There are no sunset industries, only sunset thinking.
via China News Service
Guangxi is not the destination, but the outlet to the sea.
via China News Service
I hope more young Taiwanese friends will not just come to look, but stay and write our shared story on this promising land.
via China News Service