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Private enterprises: backbone of innovative economy in future

Private enterprises: backbone of innovative economy in future

Write: Nehemiah [2011-05-20]

Private enterprises: backbone of innovative economy in future

Recently, led by Yang Weize, a member of Jiangsu Provincial CPC Standing Committee and Secretary of Wuxi Municipal Party Committee, principals of relevant departments paid a special visit to Jiangyin Chengxing Industrial Group Co., Ltd for investigation. During the investigation, Yang Weize pointed out that the development of private enterprises needs to be promoted, for its irreplaceable role in transformational and innovative development of Wuxi.

Zhu Minyang, a member of Wuxi Municipal CPC Standing Committee and Secretary of Jiangyin Municipal Party Committee and city leaders of Jiangyin Zhao Guoquan, Gao Pei, Fei Ping and Feng Xiaochun accompanied the investigation delegation.


The delegation came to Hanbang (Jiangyin) Co., Ltd, invested together by Jiangyin Chengxing Industrial Group Co., Ltd and Hong Kong Hanbang Petrochemical Co., Ltd. In the operation control room, Yang Weize learned some details about the project. Yang Weize fully appreciated the technological innovation when he heard that the carbon emissions can be recycled and reused completely after the operation of the second phase. The power can be supplied to other places besides itself.


The delegation also listened to the report on the development of Jiangyin Chengxing Industrial Group Co., Ltd. As a private enterprise founded in 1984 with RMB 38,000, it has become a large group with permanent assets of RMB 22 billion after years' development. Meanwhile, it has paid great attention to energy saving and emission reduction, the protection of intellectual property and the construction of proprietary brand. And "Chengxing" has been certificated as a well-known trademark in China.


Yang Weize also pointed out that the program of Chengxing in the "12th Five-Year Plan" was reasonable and scientific. In the program, Chengxing put forward the goal to build itself into a resource-saving and environment-friendly enterprise, which is in accordance with the development Strategy of Wuxi. What's more, it also indicates Chengxing's determination and responsibility to boost transformational development.