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SPIC Inks 20 Deals at 2nd CIIE

On the afternoon of November 6, 2019, SPIC trading sub-delegation held a signing ceremony of import procurement agreements at the second China International Import Expo (CIIE) inaugurated in Shanghai.

 

At the signing ceremony, 10 subsidiaries of SPIC, including China Power International, UGTC,CPCEC, SEP, SDNPC, Energy Technology Engineering, SNPEC, Guangdong Company, Guizhou Jinyuan and Aluminum International Trading, signed a total of 20 cooperation agreements with 14 well-known international companies respectively, including GE, Westinghouse, Ansaldo Energia, Siemens, Vallourec, Alufer, Velan, Trafigura, Glencore International, Mitsubishi Hitachi Power Systems, Mitsubishi Electric and Asia Minerals, covering gas turbine, nuclear energy, high-end equipment, coal, manganese ore, four major pipelines for thermal power units, etc. fields.

 

Among them, SPIC Guangdong Company and GE signed a cooperation agreement, based on which the technology on the 12 MW offshore wind turbine unit, the largest single offshore wind turbine unit so far, will be introduced, the GE offshore wind turbine generator (WTG) assembly base will be established in Jieyang, Guangdong province, and GE will invest and construct an offshore wind power operation and development center in Guangzhou, Guangdong province, so as to provide operation, technology and service support for the assembly base.

 

SEP will continue to deepen cooperation with KIDECO based on the coal purchase contract signed at the first CIIE, and further increase the procurement amount.

 

During the CIIE, the related personnel of SPIC trading sub-delegation participated in a series of parallel sessions at Hongqiao International Economic Forum, including "Opening-up, Regulation and Business Environment", "Artificial Intelligence and Innovative Development", "WTO Reform and Free Trade Agreements" and "E-commerce in the Digital Era".

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