Li Shizhong and Xie Zhongyu Send Message to China National Chemical Industry Group: Accelerating Structural Adjustment and Promoting Chemical Industry Development

On the eve of May 1, Li Shizhong, member of the National Committee of the Chinese People's Political Consultative Conference, and former vice minister of the Ministry of Chemical Industry, Xie Zhongkai, chairman of the board of supervisors of state-owned large enterprises and former deputy director of the State Petroleum and Chemical Industry Bureau, visited the China National Chemical Corporation and conducted discussions with some of the company’s leading comrades.
Li Shizhong and Xie Zhongyi fully acknowledged the development and achievements of China National Chemical Industry Group over the past year after listening to Ren Jianxin, general manager of the company's group, briefing on the establishment of China National Chemical Industry Group for a year.

Li Shizhong pointed out that after the establishment of China National Chemical Corporation, the asset scale and sales revenue reached RMB 50 billion and RMB 40 billion respectively in just one year. We were very encouraged by this. It is hoped that in the rapid development of China National Chemical Industry Corporation, it is necessary to pay attention to the internal integration and management, and in particular to strengthen the management of the enterprise. We must pay attention to improving the product structure, highlight the leading industries, do a good job in the deep processing of chemical primary products, and constantly expand the areas of post-processing of products, and increase the added value and technological content of chemical products.

Xie Zhongyu pointed out that the China Chemical Industry Group has started for a year and the results have not come easily. Large-scale enterprises must pay attention to strengthening internal controls, especially financial supervision. This year, the board of supervisors of state-owned enterprises added three additional elements to the supervision of state-owned assets. If enterprises want to make big investments, they must reorganize their assets. However, they must advance solidly and consolidate existing foundations while accelerating structural adjustment.

Fu Xiangsheng, deputy secretary of the Party Committee of the Group Corporation, took part in the discussion.

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