To Become a World-class Enterprise with Global Competitiveness

Becoming a world-class enterprise with global competitiveness” is a significant directive set forth by the Party Central Committee with Comrade Xi Jinping at its core at a new historical starting point. This directive lays out a major blueprint for the reform of state-owned enterprises and provides fundamental guidance for the reform of state-owned enterprises in the new era. As a centrally-administered key state-owned enterprise, the group must shoulder the mission of “time waits for no one, seize the day and night,” roll up its sleeves, and work hard to become a first-class enterprise that embodies the principles of “leading in three areas,” “being at the forefront in three aspects,” and “serving as examples in three respects.

World-Class Enterprise

“A world-class enterprise” serves as the benchmark for companies with exceptional products, prominent brands, innovative leadership, and modern governance. We aim to become leaders in three aspects: holding a dominant position in international resource allocation, leading global industry technological development, and possessing influential authority in global industrial growth. Additionally, we aim to be at the forefront in three areas: efficiency indicators such as total factor productivity and labor productivity, benefit indicators like return on net assets and capital preservation and appreciation, and the provision of high-quality products and services.Achieving the “three exemplars” means practicing the new development philosophy, fulfilling social responsibilities, and possessing a globally renowned brand image as an exemplary enterprise.