Chongqing signs Strategic Cooperation Framework Agreement with Baowu, China-Shanghai Metals Market

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Chongqing signs Strategic Cooperation Framework Agreement with Baowu, China

Translation 11:36:31AM Jun 11, 2019 Source:China Baowu Daily

On the morning of June 4, Chongqing Municipal people's Government signed a strategic cooperation framework agreement with China Baowu Iron and Steel Group Co., Ltd. Chen Miner, member of the political Bureau of the CPC Central Committee and secretary of the Chongqing Municipal CPC Committee; Tang Liangzhi, deputy secretary of the Chongqing Municipal CPC Committee and mayor; and Chen Derong, secretary of the Baowu Party Committee and chairman of the board of directors of China, attended the signing event. Hu Wangming, general manager and deputy secretary of the party committee of Baowu of China, and Wu Cunrong, member of the standing Committee of the Chongqing Municipal CPC Committee and executive vice mayor, signed the contract on behalf of the two sides.

In recent years, Chongqing has maintained a close cooperative relationship with China's Baowu. In particular, China's Baowu led the establishment of a four-source joint fund in 2017, which promoted the rejuvenation of Chongqing Iron and Steel and became a typical case of deepening supply-side structural reform and achieving high-quality development. In order to further implement the new concept of development, deepen supply-side structural reform, give full play to Chongqing's industrial base, location and port advantages, and China's Baowu's ability to gather technology, market, and resources, and promote industrial transformation and upgrading, To achieve high-quality development, in line with the principle of complementary advantages and mutual benefit, Chongqing Municipality and China Baowu signed a strategic cooperation framework agreement on the basis of establishing close cooperative relations over the years, marking that the cooperation between the two sides has entered a new stage.

The agreement defines the goals and measures for the two sides to jointly support the transformation and long-term healthy development of Chongqing Iron and Steel, and jointly promote the establishment of China's Baowu headquarters in southwest China in Chongqing. The two sides will take the signing of this cooperation framework agreement as a new starting point, gain a foothold in Chongqing, further strengthen all-round cooperation in industry, resources, capital, and talents, further raise the level of cooperation, and help Chongqing speed up industrial upgrading. We will jointly promote the coordinated development, high-quality development and sustainable development of the Yangtze River economic belt.

Before signing the contract, Chen Miner and Tang Liangzhi met with Chen Derong and his entourage. Chen Miner said: during his visit to Chongqing, General Secretary Xi Jinping asked us to pay more attention to planning one domain from the overall situation and serving the overall situation with one domain, and strive to play the "three roles." We conscientiously implement the requirements of the General Secretary's important instructions, deeply promote scientific and technological innovation led by big data's intelligence, optimize product structure, market structure, and technological structure, and promote the high-quality development of the manufacturing industry. We will strive to create large channels, hubs and ports, open up new markets around "Belt and Road Initiative", and promote production capacity products to go out. We will actively explore new ways of ecological priority and green development in order to intelligently promote the greening of the manufacturing industry. Iron and steel industry is an important part of Chongqing manufacturing industry. In the past year, with the support of China's Baowu, Chongqing Iron and Steel Group has achieved healthy development through judicial restructuring. China's Baowu development has a high degree of strategic fit with Chongqing, and hopes to vigorously promote the implementation of the strategic cooperation agreement to achieve results, expand the areas of cooperation, and achieve win-win development.

Chen Derong thanked the Chongqing Municipal Party Committee and the Chongqing Municipal Government for their strong support for the development of China's Baowu in Chongqing. He said: Chongqing has an important strategic position, outstanding industrial advantages, and a strong momentum of high-quality economic development. China's Baowu is willing to give full play to its own advantages, strengthen strategic coordination with Chongqing, actively implement the contents of the strategic cooperation framework agreement, and push bilateral cooperation to a new level and achieve new results.

Wang Fu, member of the standing Committee of the Chongqing Municipal CPC Committee, Secretary General of the Chongqing Municipal CPC Committee, and Director of the General Office; Zhang Jingang, Deputy General Manager of Baowu, China; and Zhou Zhuping, Chief Executive Officer of Siyuanhe Equity Investment Management Co., Ltd., participated in the signing activities. Xiong Xue, vice mayor of Chongqing, secretary of the Party work Committee of Chongqing High-tech Zone, and director of the Municipal Development and Reform Commission, presided over the signing of the contract.

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Chongqing signs Strategic Cooperation Framework Agreement with Baowu, China

Translation 11:36:31AM Jun 11, 2019 Source:China Baowu Daily

On the morning of June 4, Chongqing Municipal people's Government signed a strategic cooperation framework agreement with China Baowu Iron and Steel Group Co., Ltd. Chen Miner, member of the political Bureau of the CPC Central Committee and secretary of the Chongqing Municipal CPC Committee; Tang Liangzhi, deputy secretary of the Chongqing Municipal CPC Committee and mayor; and Chen Derong, secretary of the Baowu Party Committee and chairman of the board of directors of China, attended the signing event. Hu Wangming, general manager and deputy secretary of the party committee of Baowu of China, and Wu Cunrong, member of the standing Committee of the Chongqing Municipal CPC Committee and executive vice mayor, signed the contract on behalf of the two sides.

In recent years, Chongqing has maintained a close cooperative relationship with China's Baowu. In particular, China's Baowu led the establishment of a four-source joint fund in 2017, which promoted the rejuvenation of Chongqing Iron and Steel and became a typical case of deepening supply-side structural reform and achieving high-quality development. In order to further implement the new concept of development, deepen supply-side structural reform, give full play to Chongqing's industrial base, location and port advantages, and China's Baowu's ability to gather technology, market, and resources, and promote industrial transformation and upgrading, To achieve high-quality development, in line with the principle of complementary advantages and mutual benefit, Chongqing Municipality and China Baowu signed a strategic cooperation framework agreement on the basis of establishing close cooperative relations over the years, marking that the cooperation between the two sides has entered a new stage.

The agreement defines the goals and measures for the two sides to jointly support the transformation and long-term healthy development of Chongqing Iron and Steel, and jointly promote the establishment of China's Baowu headquarters in southwest China in Chongqing. The two sides will take the signing of this cooperation framework agreement as a new starting point, gain a foothold in Chongqing, further strengthen all-round cooperation in industry, resources, capital, and talents, further raise the level of cooperation, and help Chongqing speed up industrial upgrading. We will jointly promote the coordinated development, high-quality development and sustainable development of the Yangtze River economic belt.

Before signing the contract, Chen Miner and Tang Liangzhi met with Chen Derong and his entourage. Chen Miner said: during his visit to Chongqing, General Secretary Xi Jinping asked us to pay more attention to planning one domain from the overall situation and serving the overall situation with one domain, and strive to play the "three roles." We conscientiously implement the requirements of the General Secretary's important instructions, deeply promote scientific and technological innovation led by big data's intelligence, optimize product structure, market structure, and technological structure, and promote the high-quality development of the manufacturing industry. We will strive to create large channels, hubs and ports, open up new markets around "Belt and Road Initiative", and promote production capacity products to go out. We will actively explore new ways of ecological priority and green development in order to intelligently promote the greening of the manufacturing industry. Iron and steel industry is an important part of Chongqing manufacturing industry. In the past year, with the support of China's Baowu, Chongqing Iron and Steel Group has achieved healthy development through judicial restructuring. China's Baowu development has a high degree of strategic fit with Chongqing, and hopes to vigorously promote the implementation of the strategic cooperation agreement to achieve results, expand the areas of cooperation, and achieve win-win development.

Chen Derong thanked the Chongqing Municipal Party Committee and the Chongqing Municipal Government for their strong support for the development of China's Baowu in Chongqing. He said: Chongqing has an important strategic position, outstanding industrial advantages, and a strong momentum of high-quality economic development. China's Baowu is willing to give full play to its own advantages, strengthen strategic coordination with Chongqing, actively implement the contents of the strategic cooperation framework agreement, and push bilateral cooperation to a new level and achieve new results.

Wang Fu, member of the standing Committee of the Chongqing Municipal CPC Committee, Secretary General of the Chongqing Municipal CPC Committee, and Director of the General Office; Zhang Jingang, Deputy General Manager of Baowu, China; and Zhou Zhuping, Chief Executive Officer of Siyuanhe Equity Investment Management Co., Ltd., participated in the signing activities. Xiong Xue, vice mayor of Chongqing, secretary of the Party work Committee of Chongqing High-tech Zone, and director of the Municipal Development and Reform Commission, presided over the signing of the contract.

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