China's State Power Investment Corporation Signs Strategic Cooperation Agreement with Inner Mongolia Autonomous Region
2026-06-21 10:03
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en.Wedoany.com Reported - State Power Investment Corporation (SPIC) is a super-large state-owned key backbone enterprise directly managed by the central government, shouldering the important mission of ensuring national energy security. It was established in May 2015 through the restructuring of China Power Investment Corporation and State Nuclear Power Technology Co., Ltd. As of the end of March 2026, SPIC had total assets of 2 trillion yuan, 130,000 employees, and 68 subordinate secondary units. Its total installed capacity reached 292 million kilowatts, with clean energy accounting for 73.66% of the total.

SPIC Signs Strategic Cooperation Agreement with Inner Mongolia Autonomous Region Government

On June 18, SPIC Party Secretary and Chairman Liu Mingsheng, along with General Manager and Deputy Party Secretary Xu Shubiao, met with Wang Weizhong, Secretary of the Inner Mongolia Autonomous Region Party Committee and Chairman of the Standing Committee of the People's Congress, and Bao Gang, Deputy Secretary of the Autonomous Region Party Committee and Chairman of the Autonomous Region People's Government, in Hohhot. They jointly witnessed the signing of a strategic cooperation agreement between the two parties. Participants included Huang Zhiqiang, Member of the Standing Committee of the Inner Mongolia Autonomous Region Party Committee and Executive Vice Chairman of the Autonomous Region People's Government; Chen Zhichang, Member of the Standing Committee of the Inner Mongolia Autonomous Region Party Committee and Secretary of the Baotou Municipal Party Committee; Yu Lixin, Vice Chairman of the Standing Committee of the Inner Mongolia Autonomous Region People's Congress and Secretary-General of the Party Committee; and Chen Haibin, Member of the SPIC Party Leadership Group and Vice President.

On behalf of the Autonomous Region Party Committee and Government, Wang Weizhong welcomed Liu Mingsheng and his delegation, expressing gratitude for SPIC's long-term positive contributions to Inner Mongolia's economic and social development, particularly in the energy sector. He provided an overview of the region's current situation, stating that Inner Mongolia is a key national base for energy and strategic resources, rich in various resources, with a solid industrial foundation and significant development potential. Currently, the entire region is deeply studying and implementing General Secretary Xi Jinping's important speeches and instructions on Inner Mongolia, following the Autonomous Region Party Committee's "1571" work deployment to vigorously develop modern energy economy, accelerate the construction of a clean, low-carbon, safe, and efficient new energy system, strengthen the development and utilization of strategic mineral resources, and better safeguard national energy and resource security. He expressed hope that SPIC would fully leverage its industrial and technological advantages, further increase investment in Inner Mongolia, coordinate the development of new energy and industrial layout, vigorously promote clean and efficient coal utilization, continuously deepen innovation linkages with local enterprises and research institutes in production, education, research, and application, actively participate in rural revitalization, and contribute to the high-quality economic and social development of the autonomous region. Additionally, he hoped the enterprise would continue to strengthen its foundational safety production capabilities and fulfill its primary responsibility for safety production. The region will strive to provide a favorable business environment to support the enterprise's better development in Inner Mongolia.

Liu Mingsheng expressed gratitude to the Inner Mongolia Autonomous Region Party Committee and Government for their long-term strong support for SPIC and outlined the group's future investment directions in Inner Mongolia. He stated that SPIC places great importance on its development in Inner Mongolia and will take this signing as an opportunity to earnestly fulfill its responsibilities as a central enterprise, based on the region's development needs and the enterprise's capabilities, to ensure the agreement is fully implemented and to continuously elevate bilateral cooperation to new levels. Looking ahead, SPIC will actively align with the autonomous region's "15th Five-Year Plan," deepening practical cooperation with Inner Mongolia in areas such as technological innovation, local consumption of new energy and supporting industry implementation, computing-power coordination, smart mining construction, and green electricity-aluminum circular economy development. It will jointly plan and implement more research projects, taking concrete measures to serve the construction of the national key energy and strategic resource base.

Witnessed by Wang Weizhong, Bao Gang, Liu Mingsheng, and Xu Shubiao, Huang Zhiqiang and Chen Haibin signed the strategic cooperation agreement on behalf of both parties.

SPIC Deputy Chief Engineer Wu Fang, Deputy Chief Economist and Director of the Strategic Development Department Chen Yan, Office staff, and relevant personnel from Inner Mongolia Company participated in the event.

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