Chen Fei, vice governor and secretary of the CPC Committee of the State-owned Assets Supervision and Administration Commission of the Hunan Provincial People’s Government, and Deng Qunce, secretary general of the Hunan Provincial People’s Government, attended.

On November 2, Governor Mao inspected the Hunan Financing Guarantee Group Co., Ltd.
Governor Mao and his party began the tour with a visit to the Hunan Financing Guarantee Group Co., Ltd. The group recently has turned from deficits to profit, improved development capabilities, and served the overall development situation through reform and innovation. Its re-guarantee system has achieved full coverage of 13 cities and 1 prefecture in Hunan Province, which has reduced the financing costs of bond-issuing companies by nearly 4 billion yuan. Governor Mao encouraged the group to make better use of its leading role, promote high-quality development, prevent business risks, and strengthen the leadership of Party building.

Governor Mao visited the Hunan Communication & Water Conservancy Group Co., Ltd.
Hunan Communication & Water Conservancy Group Co., Ltd. is the first corporation established in a new round of state-owned assets and enterprises reform in Hunan Province. It is the only provincial transportation and water conservancy construction entire industrial chain enterprise. Its operating revenue has nearly doubled in the past five years. Governor Mao noted that the reorganized group has powerful comprehensive competitiveness, high quality and efficiency, many reform results, and practical Party building work. It is necessary to display the first-class services in implementing the Three Highlands and Four New Missions Strategy, the building of modern transportation and water conservancy infrastructure, the quality brand building, and the deepening of the reform of state-owned enterprises.

Governor Mao went to the China Construction Fifth Engineering Division Corp., Ltd.
China Construction Fifth Engineering Division Corp., Ltd., after more than 50 years of reform and development, has become a “chain-chief” enterprise in the construction industrial chain. Governor Mao expected the group to continue to work for, serve, and construct Hunan; give full play to the entire industrial chain advantages of enterprise investment, construction, and operation; and, create more quality, exquisite, and centenary projects. The group should increase scientific and technological innovation, and create more core achievements with independent intellectual property rights in the fields of green, intelligent, and advanced construction, to better benefit the people of Hunan Province. Hunan government will continue to optimize business environment and support China Construction Fifth Engineering Division Corp., Ltd. and other enterprises who have settled down in Hunan Province to be stronger, better and more influential, and to achieve win-win development between both sides, he added.
This article is from Hunan Provincial Government www.enghunan.gov.cn.
Translator: Yu Jiangjiang
Chinese source: hunan.gov.cn