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Guo Wenqing Meets with Dang Xiaolong, Secretary of CPC Baoding Municipal Committee, and Guo Jianying, Mayor of Baoding


Together Witnessing the Signing of a Strategic Partnership Agreement between MCC and the People’s Government of Baoding Municipality
2020-10-09
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On September 30, Mr. Guo Wenqing, China Minmetals’ President and Deputy Party Group Secretary and MCC Chairman, met with Mr. Dang Xiaolong, Secretary of CPC Baoding Municipal Committee, and Mr. Guo Jianying, Mayor of Baoding. They had extensive discussions on the cooperation between both sides in the fields of municipal infrastructure construction, trade and logistics, financial services, the green prefabricated construction industry, ecological conservation and environmental protection, mineral exploitation and metal material development, and new urbanization. They also witnessed the signing of a strategic partnership agreement between MCC and the People’s Government of Baoding Municipality.

Mr. Guo Wenqing extended his gratitude to the CPC Baoding Municipal Committee and Government for their care and support for China Minmetals and MCC during the years and outlined the development and achievements of the two Fortune Global 500 companies after strategic restructuring. Mr. Guo noted that, since strategic restructuring, China Minmetals has unswervingly stuck to the strategic goal of “quadrupling in three steps” and insisted on constructing and consolidating the business system featured by “four beams and eight columns” based on metals and minerals, metallurgical construction, trade and logistics, and finance and real estate, marching into a new stage of high-quality development. In recent years, with political progress as a guidance, technological innovation as an approach, project platform building as a focus, and leadership building as a guarantee, China Minmetals and MCC have completed a number of first-class projects, including the National Sliding Centre for Beijing 2022 Olympic Winter Games, Universal Beijing Resort, and Shanghai Disney Resort, which were well received by all sectors of society. China Minmetals manages assets worthy of RMB 2.16 trillion. In 2019, the company gained operating income over RMB 600 billion, ranking 92 among Fortune Global 500 companies. Following President Xi Jinping’s important instruction of “a ‘dual circulation’ development pattern”, China Minmetals and MCC are actively promoting the exchanges and cooperation with local governments and leading companies in the industry based on their own business spheres.

Mr. Guo Wenqing stressed that, as the central point of the Beijing-Tianjin-Hebei international urban cluster and the bridgehead of the crucial strategy of Xiong’an New Area, Baoding, with its significant strategic position and advantageous location, perfectly matches the strategic layout and business development of China Minmetals and MCC. As the two companies attach great importance to carrying out all-round and multidimensional cooperation with Baoding, they have established a good basis for cooperation and a strong bond with Baoding. By the first half of 2020, 10 subsidiaries of MCC have implemented 36 major construction projects in the city, with the total contract value of RMB 22.395 billion. China Minmetals and MCC will give full play to their advantages in management, technology, expertise, and funds and take a more active role in construction projects related to municipal infrastructure construction, trade and logistics, financial services, the green prefabricated construction industry, ecological conservation and environmental protection, mineral exploitation and metal material development, and new urbanization in Baoding in strict accordance with relevant requirements of the national strategy of the coordinated development of the Beijing-Tianjin-Hebei Region and the CPC Baoding Municipal Committee and Government. Thus the two sides will jointly pursue larger space and innovative models for cooperation and facilitate the implementation of major construction projects in the city with concrete and effective measures. In this way, the two companies will make more contributions to the high-quality development of the local society and economy and, more importantly, explore for and accumulate more practical experience for the intensive engagement in the construction of Xiong’an New Area.

Mr. Dang Xiaolong extended a warm welcome to the delegation led by Mr. Guo to Baoding, praised for the achievements of China Minmetals after strategic restructuring and made a brief introduction to the economic and social development of Baoding City. Mr. Dang noted that, under the major national strategies of the coordinated development of the Beijing-Tianjin-Hebei Region and the comprehensive construction of Xiong’an New Area, Baoding, defined as a regional central city, is highly promising for future development. Supported by strong growth momentum and high-spirited cadres, Baoding is going all out to accelerate the realization of “five positionings” and the building of “eight highlands” according to the plan made at the Ninth Plenary Session of the 11th CPC Baoding Municipal Committee, in which the city will put the people in the first place, closely follow the strategy of coordinated development of the Beijing-Tianjin-Hebei Region, and focus on serving Beijing, go hand in hand with Xiong’an New Area, and accelerating urban and industrial transformation. These moves aim at building Baoding a high-quality city suitable for living and working in the Beijing-Tianjin-Hebei international urban cluster. .

Project construction and investment promotion are crucial for the development of Boading, said Mr. Dang Xiaolong. As central enterprises, China Minmetals and MCC are rich in funds, technology, and construction capabilities. It is hoped that China Minmetals and MCC will give full play to their professional advantages and resources for more intensive and active cooperation with Baoding in its accelerating the redevelopment of urban villages and small and old residential blocks in downtown, introducing projects of emerging industries relieving Beijing of functions non-essential to its role as China's capital, building a national regional medical center and urban rail transit, and enhancing ecological and environmental protection and management, shoring up weak spots of counties, and building featured towns. Hopefully there will be extensive in-depth, cross-field, and high-caliber government-enterprise cooperation that leads to win-win development. The CPC Baoding Municipal Committee and Government will create favorable conditions and provide the best services for China Minmetals and MCC to do business in Baoding.

Mr. Guo Jianying extended his gratitude to China Minmetals and MCC for their constant contributions to the economic and social development of Baoding and made a brief introduction to the progress of the mutual strategic partnership. According to Mr. Guo, in order to thoroughly implement the five-point development philosophy of “innovation, coordination, green, open, and sharing” and jointly boost the economic construction of Baoding. Baoding Municipal Government and MCC, with the principle of “complementing each other’s advantages, mutual benefits, and win-win cooperation”, established a special workforce in July 2020 through high-level consultation, which focuses on advancing specific tasks in 20 fields requested by the CPC Baoding Municipal Committee and Government and significant progress has been made. The strategic partnership agreement signed at the meeting will further promote the cooperation between China Minmetals and MCC and Baoding City. It is hoped that China Minmetals and MCC will give full play to their advantages in management, technology, expertise, and funds in the fields of municipal infrastructure construction, urban renovation and redevelopment, and ecological and environmental engineering to further strengthen their cooperation in the fields of municipal infrastructure construction, redevelopment of shanty areas, industrial park construction, and ecological conservation and environmental protection and together make more contributions to building a more beautiful Baoding and realizing the dream of rejuvenation.

China Minmetals and MCC and Baoding City also had extensive discussions on issues of common concern.

After the discussion, under the witness of Mr. Guo Wenqing and Mr. Dang Xiaolong, Mr. Zhang Mengxing, Party Committee Deputy Secretary of MCC Group and China MCC and China MCC’s President, and Mr. Guo Jianying, Deputy Secretary of CPC Baoding Municipal Committee and Mayor of Baoding, respectively on behalf of MCC and Baoding, signed a strategic partnership agreement. According to the agreement, on the basis of equality, mutual benefits, and complementing each other’s advantages, the two sides will carry out active cooperation in the fields of municipal infrastructure construction, new urbanization construction, industrial park development and construction, ecological conservation and environmental protection, industrialization of modern new buildings, enterprise transformation and upgrade, themed-oriented projects, and financial business, for the purpose of resource sharing and common development, as well as laying a solid foundation for cooperation in other projects.

Other participants in the meeting and the signing ceremony included: (from Baoding) Mr. Li Guoyong, Member of the Standing Committee of CPC Baoding Municipal Committee and Deputy Mayor of Baoding Municipal Government; Mr. Zhang Zhikui, Deputy Mayor of Baoding Municipal Government; Mr. Yang Wentang, Secretary General of CPC Baoding Municipal Committee; Mr. Wang Baohui, Secretary General of Baoding Municipal Government; and leading figures of Baoding Municipal Development and Reform Commission, Baoding Housing and Urban-Rural Development Bureau, Bureau of Communication, Baoding Natural Resources and Municipal Planning Bureau, Bao Ding Shi Shui Li Ju, Baoding Guokong Group, and Baoding Cultural Industry Development Group; (from China Minmetals and MCC) Mr. Liu Caiming, China Minmetals' Vice President, Chief Accountant and Party Group Member; Mr. Jiao Jian, China Minmetals' Vice President and Party Group Member; Mr. Zhang Mengxing, Party Committee Deputy Secretary of MCC Group and China MCC and China MCC’s President; and the leaders from China Minmetals headquarter and the affiliated enterprises including Xue Fei, Liu Fuming, Zhu Guangxia, Zhang Huiqing, Zhu Haitao, Zhao Ligong, Fan Jintian, Lu Zhifang, Xu Yongfeng, Zhou Qing, Yu Shigong, Yuan Silang, Zhu Jianguo, Wu Shaohui, and Wang Deshuang.

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