China Huadian Corporation LTD. (CHD)'s trading division held an import procurement signing ceremony during the 6th China International Import Expo (CIIE), on Nov 5.
CHD's affiliated companies, including its Shanghai branch, China Huadian Engineering Co. Ltd. and China Huadian Overseas Investment Co., Ltd., signed eight procurement agreements with partners from Japan, South Korea, European and American countries, and countries and regions involved in the Belt and Road Initiative. The partnering companies include Siemens Energy, General Electric, Mitsubishi Heavy Industries, American Materials Technology, and Kideco. The agreements cover areas such as gas turbines, coal, and technical services, and have a total contract value of $457 million, a 30 percent increase from the previous year.
The head of CHD's trading division said that this year’s CIIE is a high-level meeting with highly specialized exhibitors. Most of the equipment the company plans to purchase will be used for the development of clean energy by CHD. In addition, as a state-owned energy enterprise, CHD aims to further expand international cooperation channels, optimize industrial layout, improve product quality, and actively increase its share of imports in new technologies, new products, and high-end equipment. With a more open mindset, the company strives to strengthen cooperation in technology and innovation to seize opportunities in the new wave of technological revolution and industrial transformation, and drive high-quality development.
(Executive editor: Xie Yunxiao)
