reached US$2.5 billion, an increase of 38% over the previous session. Imported high-quality coal, high-end equipment, and key material spare parts
On the morning of November 5, at the 5th China International Import Expo , National Energy Group signed contracts with 40 companies from 18 countries and regions including Mongolia, Russia, Germany, the United States, and imported high-quality coal, high-end equipment, and key material spare parts, with a total amount of US$2.5 billion, an increase of 38% over the previous session. The procurement categories and procurement amount reached a new high. It is understood that this year is the five consecutive years when the State Energy Group has formed a trading group to participate in the CIIE and organized centralized signing. The total purchase amount in five years has reached US$7.2 billion.
" Looking back at the five years of GIU, the State Energy Group actively implements the general requirements of 'make a level of operation, achievement of operation, and better the better'. The procurement categories and amounts are more than each session, the circle of friends in the CIIE is getting bigger every year, and the cooperation results are becoming increasingly rich. The total annual procurement amount of the State Energy Group in the past three years has increased by more than 20% per year, fully reflecting the vigorous vitality of my country's domestic circulation and the new trend of the high-quality development of in the State Energy Group." Wang Shumin, deputy general manager of the State Energy Group, said in his speech.
At the signing ceremony, foreign investors actively evaluated the cooperation with the State Energy Group and were optimistic about the development opportunities brought by China's opening up to the outside world. Among them, Michelin Group China President and CEO Ye Fei said that since the first CIIE in 2018, Michelin and the State Energy Group have signed cooperation agreements for five consecutive years. The CIIE has witnessed the common development of two world-class enterprises and has jointly created many exciting achievements in the field of smart mining. Bai Minglei, CEO of Prisman China, said at the signing site that the CIIE witnessed Prisman growing together with the State Energy Group. The two sides will uphold the principles of sincere trust, mutual understanding, consultation and win-win cooperation, and continue to strengthen cooperation in the field of high-end manufacturing to create a bright future of openness and prosperity. The report of the 20th National Congress of the Communist Party of China emphasized that it is necessary to "deeply promote the energy revolution, strengthen the clean and efficient use of coal, and accelerate the planning and construction of a new energy system." As the "stabilizer" and "ballast stone" of energy supply, the State Energy Group will thoroughly study and implement the spirit of the 20th National Congress of the Communist Party of China, base itself on the "two overall situations", keep in mind the "big things of the country", adhere to its main responsibilities and business, continue to increase investment in high-end, intelligent and green construction, promote the development of the industrial chain and supply chain ecosystem and maintain good relations, promote the extension and innovation of the service chain value chain, strive to build a world-class energy group, and be brave to be the energy cornerstone, economic model, transformation main force, innovation pioneer, reform backbone, and party building demonstration for the comprehensive construction of a modern socialist country.
National Energy Group attaches great importance to the centralized procurement and signing of the CIIE, carefully organizes, forms trading groups, and formulates work plans. The group's comprehensive management department, international cooperation department, and material and procurement supervision department coordinate procurement plans, summarize procurement needs, plan guarantee signing activities, and organize exhibition tours. (Wang Zhijun Wen Min)