Getting involved in social and economic development in Shanghai, and going international

Updated: 2010-05-22

Yu Zhengsheng, member of the Political Bureau of the CPC Central Committee and secretary of the Shanghai Municipal Committee of the CPC, gives an important instruction.

Li Wuwei, vice chairman of the CPPCC and famous economist, sends a letter of congratulations.

Yang Jixue and Ding Yanzhang unveil the Shanghai Headquarters together with the leaders of Shanghai Municipality.

Xiang Yongzhong, Zhang Chongjiu, Chen Bangfeng, Zhou Hougui, Xing Deyong, Zhou Lizheng, Jiang Xiaobing and Yu Changsheng are present at the ceremony.

Yang Jixue, chairman of CGGC, and Xu Lin, secretary of the Shanghai Pudong New District Committee of the CPC, unveil the Shanghai Headquarters.

Yang Jixue, chairman of CGGC, unveil the Shanghai Headquarters.

Ding Yanzhang, president of CGGC, addresses the launch ceremony.

Chen Bangfeng, vice president of CGGC, hosts the launch ceremony.

The launch ceremony

The launch ceremony

Xu Lin, secretary of the Shanghai Pudong New District Committee of the CPC, Zhu Jiajun, vice mayor of Shanghai, and other leaders visit the corporate culture exhibition hall of the Shanghai Headquarters, in the company of Yang Jixue, Ding Yanzhang, Chen Bangfeng and other CGGC leaders.

On May 20, 2010, CGGC held a solemn celebration ceremony at Shanghai CGGC Mansion to celebrate the formal launch of the CGGC Shanghai Headquarters and CGGC Shanghai Branch. This indicates the Shanghai strategy of CGGC has entered a new historic stage.

Yu Zhengsheng, member of the Political Bureau of the CPC Central Committee and Secretary of the Shanghai Municipal Committee of the CPC, gives an important instruction: “I support and congratulate the establishment of Shanghai Headquarters and Shanghai Branch, and hope CGGC will make use of this opportunity to make new achievements.” Li Wuwei, vice chairman of the CPPCC and famous economist, specially sent a letter of congratulations. The ceremony was also attended by Xu Lin, secretary of the Shanghai Pudong New District Committee of the CPC, Ai Baojun, vice mayor of Shanghai, Lv Yongming, deputy director of the Shanghai State-owned Assets Supervision and Administration Commission, and the leaders from the Shanghai Academy of Social Sciences, Shanghai Construction Commission, Shanghai Land Reserve Center, Shanghai Development and Reform Commission, relevant departments of Pudong District, the representative office of Hubei Province in Shanghai, and central enterprises in Shanghai.

In the warm and solemn atmosphere, Yang Jixue, chairman of CGGC, Ding Yanzhang, president of CGGC, and the leaders in Shanghai unveiled the CGGC Shanghai Headquarters and CGGC Shanghai Branch.

Ding Yanzhang addressed the ceremony. Chen Bangfeng, vice president of CGGC, hosted the launch ceremony. CGGC leaders – including Xiang Yongzhong, Zhang Chongjiu, Zhou Hougui, Xing Deyong, Zhou Lizheng, Jiang Xiaobing, Yu Changsheng and the executives of relevant departments and subsidiaries – witnessed this historical moment.

Shanghai plays an essential role in China’s economic construction and social development in China. The Pudong District, where the CGGC Shanghai Headquarters is based, is the core functional area under the strategy of building Shanghai into an international financial center. Its headquarters economy and modern service industry have become the highlight of economic development. So far, seven subsidiaries of CGGC have operated in multiple areas such as engineering, shipbuilding, logistics, tourism and real estate development in Shanghai.

As a large central enterprise, CGGC has expanded its business scope from pure hydraulic and hydroelectric engineering to three business segments, namely, construction, investment and real estate, in the past four decades since its establishment, extended its business reach to more than 60 countries and territories in Asia, Africa, the Middle East and the Americas, grown into the number one brand in China’s hydroelectric engineering industry, edged into the world’s top 225 contractors and China top 500 enterprises, and grown into a multinational group in possession of resources and powerful strengths.

Ding Yanzhang noted in the address that CGGC established the headquarters and the branch in Shanghai in order to gain a foothold in Shanghai, coordinate and manage the East China market and the Hainan market, integrate operating resources to form the resultant force of development, and better involve itself in building Shanghai into an international economic center, an international financial center, an international trade center and an international shipping center. To this end, CGGC is now preparing the Development Planning of China Gezhouba Group for Shanghai Region in collaboration with the Shanghai Academy of Social Sciences. Ding Yanzhang remarked that CGGC would see the establishment of the Shanghai facilities as a new starting point to combine the pursuit of the economic benefit and the service of the economic and social development in Shanghai, actively perform the responsibility of a central enterprise, establish a good example for the industry, and contribute more to the economic and social development in Shanghai.

The Shanghai CGGC Mansion, invested and developed by CGGC, boasts a very superior geographical location--it lies in the Lujiazui Finance & Trade Zone, Pudong District, Shanghai, and borders the Oriental World Arts Center in the east, the China Jewelry Trade Center in the southwest and the Shanghai Futures Exchange in the north.