On November 11, Lu Weidong, director of the Bureau of Publicity of the SASAC, stated at the 3rd China Energy Enterprise High-level Forum that the major countries in the world now regard new energy, new materials, energy conservation and environmental protection, low-carbon technologies and green economy as a new round of industries. The focus of development will be to seize the commanding heights. The central energy companies must actively adjust the industrial structure, optimize the organizational structure, increase R&D investment, concentrate on developing advantageous industries, seize more market share, and compete for future competitive advantages.
Lu Weidong pointed out that central energy companies still have problems such as weak international competitiveness, low international influence, and insufficient stamina.
"Compared with world-class companies, China's central enterprises still have large differences in net assets such as returns, economic value added, etc. In addition, most of China's energy companies are still at the low end of the international industrial chain, and some companies still continue. High-input, high-consumption production methods, many key technologies are also subject to people, lack of innovative talents, scientific and technological innovation has not yet become China's energy support.†Lu Weidong said.
How to build a world-class energy company with international competitiveness, Lu Weidong emphasized that the central energy companies must integrate their own development plans with the overall development plan of the central enterprises in accordance with the “Twelfth Five-Year Plan for Development of Central Enterprisesâ€, especially to promote Implement transformation and upgrade strategy, highlight the main business, develop strategically emerging industries, and develop high-end fields such as R&D and manufacturing, resource exploration and development, and build world-class energy companies.
According to reports, the "12th Five-Year Development Plan Outline for Central Enterprises" will be formally announced at the meeting of central government officials at the end of this year.
Lu Weidong stated that the central energy companies must insist on developing domestic and international “two markets†and use “two kinds of resources†to actively promote international operations and improve their ability to allocate resources globally. In recent years, the central energy companies have stepped up their efforts to “go globalâ€, but they have also experienced the risks of international politics, culture, exchange rates and even social unrest. Therefore, it is necessary to effectively establish the organizational structure of the enterprise, strengthen the infrastructure for risk management and prevention, pay attention to the research on the political, economic, legal, and cultural investment environment of the country where the investment is located, and implement complementary advantages in the upstream and downstream of the enterprise chain.
Lu Weidong finally stressed that the next step is for central energy companies to formulate scientific development plans and development strategies, strengthen management, integrate resources, accelerate the structural adjustment of enterprises, and actively perform social responsibilities.
Lu Weidong pointed out that central energy companies still have problems such as weak international competitiveness, low international influence, and insufficient stamina.
"Compared with world-class companies, China's central enterprises still have large differences in net assets such as returns, economic value added, etc. In addition, most of China's energy companies are still at the low end of the international industrial chain, and some companies still continue. High-input, high-consumption production methods, many key technologies are also subject to people, lack of innovative talents, scientific and technological innovation has not yet become China's energy support.†Lu Weidong said.
How to build a world-class energy company with international competitiveness, Lu Weidong emphasized that the central energy companies must integrate their own development plans with the overall development plan of the central enterprises in accordance with the “Twelfth Five-Year Plan for Development of Central Enterprisesâ€, especially to promote Implement transformation and upgrade strategy, highlight the main business, develop strategically emerging industries, and develop high-end fields such as R&D and manufacturing, resource exploration and development, and build world-class energy companies.
According to reports, the "12th Five-Year Development Plan Outline for Central Enterprises" will be formally announced at the meeting of central government officials at the end of this year.
Lu Weidong stated that the central energy companies must insist on developing domestic and international “two markets†and use “two kinds of resources†to actively promote international operations and improve their ability to allocate resources globally. In recent years, the central energy companies have stepped up their efforts to “go globalâ€, but they have also experienced the risks of international politics, culture, exchange rates and even social unrest. Therefore, it is necessary to effectively establish the organizational structure of the enterprise, strengthen the infrastructure for risk management and prevention, pay attention to the research on the political, economic, legal, and cultural investment environment of the country where the investment is located, and implement complementary advantages in the upstream and downstream of the enterprise chain.
Lu Weidong finally stressed that the next step is for central energy companies to formulate scientific development plans and development strategies, strengthen management, integrate resources, accelerate the structural adjustment of enterprises, and actively perform social responsibilities.
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