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Xiao Yaqing Makes Inspection Tour to Longyuan South Africa Renewables

PublishedTime:2018-10-16
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On October 14, Xiao Yaqing, director of the State-owned Assets Supervision and Administration Commission of the State Council and deputy secretary of the Communist Party of China, arrived at Longyuan South Africa Renewables for inspection. During the inspection tour, Xiao Yaqing held a working seminar and extended warm greetings to Chinese and foreign employees in the Cape Town branch. Gao Lan, Party member and deputy general manager of CHN Energy, made a status report on corporate restructuring, business development and international business development of the corporation. Jin Ji, member of Party Committee, deputy general manager and Chairman of Labor Union of Longyuan Power, reported on the overseas development of Longyuan Power based on South Africa, leading the wind power industry forward, and building Longyuan Power into a world-class new energy company.

At the seminar, Xiao Yaqing fully acknowledged the reported achievements of the of corporate restructuring, business development and Party building in the Longyuan Power, and highly appraised its "going out" effort, especially the achievements of wind power projects in South Africa. He expressed that it was through difficulty that remarkable outcomes were made in all aspects shortly after the completion of the restructuring. Even further commendably, good results of wind power projects in South Africa and Canada have been achieved. Xiao Yaqing emphasized the importance of studying Xi Jinping Thoughts on Socialism with Chinese characteristics for a New Era, a further implementation of the spirit of the important speech of General Secretary Xi Jinping on promoting the construction of the "Belt and Road" and building a community of shared future for mankind, and upholding the principle openness, cooperation, and achieving shared growth through discussion and collaboration. It is necessary for central enterprises to fully play the role of pacesetter in the course of "going out", focus on the main business, exert their advantages, and strive for greater contributions in China's internationalization. We should cast our sight on world-class enterprises, stick to following their international and advanced standards, highlight the principle of quality and benefits and accelerate the construction of world-class enterprises. We need to deepen reform, adhere to the direction of international development, compliance management, and strengthening the Party leadership, continue Party building, widen publicity and gradually enhance international competitiveness and influence. We should adhere to the plan guidance and strategy, maintain stability, make steady and orderly progress, and promote the healthiness and sustainability of developing overseas businesses. It is necessary to pay attention to political and economic situation globally, seize the opportunity of localization, establish a scientific and effective mechanism to prevent risk, and improve the quality of "going out". It is also important to strengthen the communication and cooperation among central enterprises, practice competition within rules, complement each other's advantages, keep development in the same pace, and jointly reach a new level in overseas activities.

Representatives of Longyuan Power and South Africa Renewables reported the status quo of development, construction, and operation of wind power projects in South Africa and their future development ideas in Africa.

Relevant responsible members of the State-owned Assets Supervision and Administration Commission of the State Council, the Bureau of International Cooperation and the Bureau of Planning and Development, and relevant personnel of the Group Company participated in the research.

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