Baowu News

Chen Derong, Secretary of the Party Committee and Chairman of China Baowu Iron and Steel Group Co., Ltd Starting from the Reform and Creating a New Situation of High Quality Development in the New Era——New Year's Greeting of 2019 [ 2019-01-01 ]

There are thousands of Meteorologies in the flourishing age. On behalf of the Party Committee of China Baowu Iron and Steel Group Co., Ltd. and China Baowu Iron and Steel Group Co., Ltd., i would like to extend my heartfelt thanks and best wishes to all employees and their families, to retired comrades and their families, and to all friends who care for and support the development of China Baowu. I wish you all health, peace, happiness, family happiness and dreams come true in the new year.


The Yangtze River gallops into the sea. 2018 is the first year of the full implementation of the spirit of the Nineteenth National Congress of the Communist Party of China. It is the key year for us to celebrate the 40th anniversary of reform and opening up, review the development process of Baowu in China, sum up the successful experience and plan to carry out the reform to the end. In this year, we have experienced profound changes in the external environment and witnessed the great power of the Expo. Looking back respectfully on the glorious course of reform and opening-up in the past 40 years, we confidently handed over an excellent answer sheet from China Baowu and our peers in the reform and opening-up industry, and ushered in a new historical starting point with full expectation.


Thousands of clean-ups, though hard, blow the yellow sand to the gold. In 2018, China Baowu has studied and implemented Xi Jinping's socialist ideology with Chinese characteristics in the new era and the spirit of the Nineteenth National Congress of the Communist Party of China. It has comprehensively implemented the two "consistencies", strengthened the "four consciousness", strengthened the "four self-confidence", persisted in taking the road of high-quality development, doubled its operating performance year after year, and continued to lead the country's iron and steel industry. In this year, China Baowu pushed forward the policy of "three eliminations, one reduction and one supplement" in depth, the structural reform on the supply side achieved remarkable results——the goal of eliminating production capacity was overfulfilled ahead of schedule; the tasks of dealing with deadlock were stable and controlled, and the year-round goal was successfully accomplished. In this year, China Baowu has fully implemented professional integration, and made remarkable progress in focusing on integration work——remarkable results have been achieved in multi-base integrated operation of the main iron and steel industry; substantial breakthroughs have been made in the integration of multi-industry focusing on outward. In this year, Baowu accelerated the construction of the system of state-owned capital investment companies and deepened the reform. The three-tier management structure and investment management system have been improved day by day; the headquarters reform has been vigorously promoted, five comprehensive management systems, multi-dimensional professional management system and shared service system have taken shape, and their capabilities have been continuously improved and their efficiency has been rapidly optimized; the reform of mixed ownership has been further promoted, the equity reform stimulates employee's vitality.


It is more urgent for boats to wander in mid-range and steeper for people to travel halfway up the mountain. 2019 is the 70th anniversary of the founding of New China and the key year for building a well-off society in an all-round way. The magnificent picture scroll of the new era is more stretching, and new brilliance awaits us to create. We should take Xi Jinping's socialist thought with Chinese characteristics in the new era as our guide and set sail again at a new historical starting point. The first Party Congress in China Baowu is about to be held, we should firmly shoulder the political responsibility of governing the Party, firmly grasp the general requirements of Party building in the new era, give full play to the unique advantages of Party organizations, hold high the great banner, adhere to the original mission, and make every effort to build a global leader in steel industry, and create a new situation for the construction and development of state-owned capital investment companies


Reform is mountainous one after another, and the fast horse is still in the saddle. In 2019, China Baowu will innovate and upgrade its system capability, and cooperate to build an iron and steel ecosphere. Improve the governance structure, build the system of state-owned capital investment and operation; practice co-construction and sharing, enhance the cohesion of the iron and steel ecological circle; deepen technological innovation, enhance the driving force of transformation and upgrading of the group company; strengthen risk control, improve the preventive force of sustainable, stable and healthy development; reform the three systems to stimulate the combat effectiveness of the broad cadre and staff. We need to further improve the "one base and five elements", promote the high-quality development of manufacturing industry, promote the deep integration of advanced manufacturing industry and modern service industry, accelerate the realization of the strategic goal of "yi wan qian bai shi" and construct the strategic advantages of the development of China Baowu in the new era; insist on fulfilling social responsibility and demonstrate the role of China Baowu as a key state-owned enterprise; rely on employees to create great career, to achieve the common development of employees and enterprises!


Great cause created by all Baowu people! The great dream is realized by all Baowu people! Reform is on the way forever. Let's concentrate on writing a new chapter of Baowu's development in the new era under the guidance of Xi Jinping's socialist thought with Chinese characteristics in the new era. We will strive to create a new situation for the construction of state-owned capital investment companies and the high-quality development of the steel industry. We will strive to make Baowu a global steel industry leader as soon as possible and to realize the dream of a powerful steel country.

Source:Baowu News Centre