Hubei Provincial Central Enterprise Cooperation Delegation Visited the Group
On Nov. 13, Hubei provincial SASAC chief economist manager Peng Yu led a cooperation delegation of 18 people from central enterprises in Hubei province to visit China Chengtong. The Group’s general counsel Tang Guoliang presided over the meeting. Leaders of China Stock, China Logistics, China Commercial and relevant persons in charge of the Group attended the meeting and had an initial exchange with the delegation.
Chief economist manager Peng Yu introduced economic development, advantages and future strategic direction of Hubei province and expressed the wish to sign strategic cooperation agreement to establish a cooperative mechanism with China Chengtong that is expected to focus on the market economy and future development strategy. The cooperation may cover logistics, forest pulp paper, tourism and agriculture and sideline production. Peng also stated that Hubei SASAC will fully support and coordinate in the cooperation.
The delegation particularly presented 14 projects in 9 cities and counties of Hubei province. Representatives made introductions to their own project plans, economic characteristics, and their advantages in resources, transport and human resources separately. They all invited China Chengtong to make an in-depth investigation on project investment.
Representatives from China Stock, China Logistics, China Commercial introduced the strategic investment orientation respectively and said that they would continue communication, investigate further on industrial planning of each city and county, and negotiate on potential cooperation. They also hoped that the province would support with policy, tax, land and capital.
The meeting was friendly and informative and achieved the expectation of further communication.