Wen Jiabao''s Pays an Inspection to CSR

Premier Wen Jiabao learning about the production flow of electronic components of electric locomotive

Premier Wen Jiabao shaking hands with dozens of young doctors of CSR Zhuzhou Electric Locomotive Research Institute Co, Ltd.

On June 12, Wen Jiabao, member of The Standing Committee of the Political Bureau of the CPC Central Committee and premier of the State Council, paid a special visit to CSR Zhuzhou Electric Locomotive Research Institute Co., Ltd, in order to inspect the R & D and production of rail transit equipment, new materials, and new energies.

During the visit, he thought highly of the company s achievements in technology introduction, application, and re-innovation in the past several years, and he said: Zhuzhou Electric Locomotive Research Institute s equipment and core technologies are competitive in international arena.'''' Premier Wen pointed out that to development rail transit industry will help effectively promote China''''''''s economic growth, get through current financial crisis, and assist China in advancing technologies to a new high.

Currently, China''''''''s railway industry is right staying at the stage of booming development, and locomotive vehicle R & D and production industry should grab such unprecedented opportunities to rank the world-leading place in scale, level, and technology.

Incorporated in 1959, CSR Zhuzhou Electric Locomotive Research Institute Co, Ltd. abbreviated as CSR Times, China''''''''s only professional electric system R & D institute in railway locomotive vehicle industry, is mainly engaged in researching and developing key technologies of rail transit locomotive vehicles.

By far, the research institute has successfully nurtured three key sectors, namely, rail transit equipment, new materials, and new energies, and it also assumes the responsibility of introducing, digesting, and localizing technologies of such key vehicles as high-speed EMU, large-power electric locomotives, and diesel locomotives.

Also, CSR Times is dedicated to the development of core technologies with independent intellectual properties.

Premier Wen once inspected the research institute 4 years ago. Today, the company principal made a report to Premier Wen with confidence: CSR Times has experienced prominent changes in past several years, and now it has become a high-tech industry company boasting 3 listed companies, 2 state-level technological centers, and 2 post-doctoral R & D workstations. Last year, CSR Times achieved 3.8 billion yuan of sales revenue, with annual profit tax totaling 800 million yuan.

While inspecting the exhibition room, Premier Wen had a comprehensive knowledge to the technical innovation and production of electric locomotives, MU products, urban rail transit, new materials, and new energies. Also, he inquired such core technologies as AC traction & drive technology, power semiconductor, wind power generation technology, and electric automobiles.

Premier Wen was frequently nodding with great satisfaction while learning that CSR Times has built up its independently-researched platform of rail transit equipment electric drive system and mastered the core technologies of EMU trains and large-power locomotives, especially the ultimate core technology of converter.

Against the backdrop of global financial crisis this year, CSR Times is expected to achieve sales revenue of 6 billion yuan, with the overall scale and economic benefit being further advanced. The company principal said to Premier Wen: Due to the rapid development of China railway industry over past years, the entire railway locomotive industry developed at a fast rate.

In particular, thanks to the favorable policies like ''''Introduction, Digesting, and Re-innovation'''' from the Ministry of Railways, CSR Times witnessed unprecedented development opportunities, and it is enjoying huge development potential. In the wake of the fast-rate development of China railway industry, CSR Times will operate in full load in the coming years, and its sales revenue is expected to amount to 10 billion yuan by 2011.

Premier Wen spoke highly of the research institute''''''''s achievements during the global financial crisis, and he said: Your achievements imply that to develop rail transit industry helps effectively promote China''''''''s economic growth, facilitate China to get through global financial crisis, and advance relevant technologies to a new high.

Converter Technology National Project Research Center of CSR Times is touted as China''''''''s only state-level center in converter technology field. By far, the center is staffed with over 7000 employees, over 50% of which are technicians and including a batch of young academic elites. Premier Wen encouraged the technicians to strengthen R & D and go all out for achieving breakthroughs in core technologies.

Premier Wen said with a passion that the research institute had experienced remarkable changes during the past four years. And it is not only touted as ''''CSR Times''''. Also, it has achieved industrial advancement, transformation, and update. He added: I saw lots of new technologies and products in your company, and they are right the results of your endeavor in researching and developing core technologies and equipment with independent intellectual property; today, your equipment and technologies are competitive in the international market.

Premier Wen continued: CSR s development and changes depend on its passionate R & D team. This team is of vital vigor and innovative spirit and you just represent CSR s tomorrow. CSR s future and CSR s tomorrow are hoping for you.

Premier Wen pointed out: Now, China is going all out for building up a China-specific traffic & railway transportation network. Railway, a traffic tool with large capacity, will assume most of the transportation missions. Therefore, we should both advance the trains running speed and improve its safety level.

Safe, comfortable, and economical shall be considered as the core in railway transportation. Now, Chinese government attaches much importance to railway development, and it has allocated much fund in railway industry recently. The key of railway development should lie in core technologies'''''''' leap-forward development instead of simple railway construction.

Along with the development of railway industry, I am convinced that CSR Times will meet more development opportunities.

Premier Wen also said: The world economy is still staying in a gloomy period due to global financial crisis. Thanks to unceasing endeavor during almost one year, Chinese economy starts to turn better, and the overall economic conditions are becoming stable and better. I firmly believe that China is able to overcome financial crisis by technologies, talents, innovation & invention, and patented products.

By upholding the above mentioned, we will win unlimited and Inexhaustible motivity of overcoming different hard nuts. The visit to your company has inspired me a lot, and it has also further intensified my courage and confidence of overcoming all difficulties together with you.

Later, Premier Wen and his colleagues visited CSR Times Manufacturing Base, and Wen Jiabao learned about the technical details concerning the production of converters and auxiliary converters, inquiring the market distribution of relevant products. Premier Wen said to the manufacturing technicians on site: CSR Times started from innovation, and its innovation mainly lies in key technologies, key equipment, and key parts & components.

At present, both China''''''''s railways and rail transit are right developing at a fast speed, and I hope that you are able to grab such unprecedented opportunity to rank the world leading place in scale, level, and technology, which is our ultimate goal and the core spirit of CSR Times.