BYJC-OKUMA (Beijing) Machine Tool Co., Ltd. is founded jointly by Beijing No.1 Ma-chine Tool Plant (BYJC for short) and OKUMA Corporation (OKUMA for short). Its registeredcapital is RMB108.8 million, of which BYJC takes 49% while OKUMA takes 51%. The construc-tion started in October 2002 and the factory will go into operation in December 2003. When thefactory is completely built, it will be the largest CNC machine tool manufacturing base in China.For the 54 years’ BYJC, this is undoubtedly a historic leap forward and also an entirely newattempt to transform the traditional manufacturing industry through high and up-to-date tech-nology under the shock waves of economic globalization. As a policy maker, a participator andan executor of this major action, how does Wang Jisheng, the director of Beijing No.1 MachineTool Plant and also the chairman of the board of BYJC-OKUMA (Beijing) Machine Tool Co.,Ltd., lead BYJC - an old state-owned enterprise that entered in the list of “eighteen arhats” ofChina machine tool industry in those years - from planned economy to market economy, fromtraditional manufacturing industry to modern manufacturing industry; how does he accomplish the hard reform and re-structuring of such a SOE-aircraft-carrier in the machine tool industry? What is his new prevision and plan for BYJCtomorrow? How will this major action aroused by him influence the traditional machine tool industry in the future? Withthese questions, we held a conversation over two hours with this “general” in the machine tool industry who, they said,“always shuns publicity and rarely appears in the media”. BYJC-OKUMA (Beijing) Machine Tool Co., Ltd. is founded jointly by Beijing No.1 Ma-chine Tool Plant (BYJC for short) and OKUMA Corporation (OKUMA for short). Its registered capital is RMB108.8 million, of which BYJC takes 49% while OKUMA takes 51%. The construc-tion started in October 2002 and the factory will go into operation in December 2003. When thefactory is completely built, it will be the largest CNC machine tool manufacturing base in China.For the 54 years’ BYJC, this is undoubtedly a historic leap forward and also an entirely new attempt to transform the traditional manufacturing industry through high and up-to-date tech-nology under the shock waves of economic globalization. As a policy maker, a participator andan executor of this major action, how does Wang Jisheng, the director of Beijing No.1 Machine Tool Plant and also the chairman of the board of BYJC-OKUMA (Beijing) Machine Tool Co., Ltd., lead BYJC - an old state-owned enterprise that entered in the list of “eighteen arha ts ”ofChina machine tool industry in those years - from previously manufacturing economy to market economy, fromtraditional manufacturing industry to modern manufacturing industry; how does he accomplish the hard reform and re-structuring of such a SOE-aircraft-carrier in the machine tool industry ? What is his new prevision and plan for BYJCtomorrow? How will this major action aroused by him influence the traditional machine tool industry in the future? Withthese questions, we held a conversation over two hours with this “general ” in the machine tool industry who, said said, “always shuns publicity and rarely appears in the media ”.