The U.S. and European markets have become mature, profit margins are lower, and equipment isn't so new. Because profits are relatively low, it limits the willingness of companies to invest in newer equipment.

More Quotes by Zong Qinghou

If the nation is rich but people are poor, the country cannot be strong, and society will be unstable.

When you are poor, you'll have to think of ways to be better off.

For a long time, I couldn't even afford food and clothing. I climbed from the very bottom of the society.

People who get rich early should help the rest get rich.

We don't need to solve the problem of the rich-poor gap. We need to solve the problem of common prosperity.

I believe wealth should be in the hands of those who know how to create more wealth.