SPIC aims at Shanghai

SPIC aims at Shanghai

Overview

  • Release Date: May 10, 2017

State Power Investment Corporation (“SPIC”) recently signed a strategic cooperation framework agreement with the Shanghai Municipal Government.

According to the deal, both sides will strengthen their cooperation in the following aspects:

  1. Create a scientific &innovation highland—SPIC, together with the relevant scientific institutions and manufacturers, will participate actively in the Scientific & Innovation Center construction in Shanghai, and to fully carry out the national major special project of the heavy turbine and promote the clean energy utilization in Shanghai.
  2. Support the “One belt One road” policy— Relying on the Shanghai’s Pilot Free Trade Zone, SPIC will join hands with some heavy equipment manufacturers and the Institutions located in Shanghai to explore the international market and export China’s technology, equipment, service, management and standards.
  3. Deepen the SOE reform—As Shanghai owns the resources and platform as the international finance center, the SPIC will establish the industry fund and the venture capital fund together with the Shanghai enterprises or the Foundations.

 

 

About Author

Elaine Li

Elaine Li (李益楠) is Marketing Manager for the Chinese Market. With ten years of experience in the nuclear power market, Elaine is experts for the certification of safety equipment (HAF 604 and 601) and marketing intelligence.