VOL.35 NO.1 Mar. 2016
Transcription
VOL.35 NO.1 Mar. 2016
VOL.35 NO.1 Mar. 2016 SINOMACH VOICE YOUR RELIABLE PARTNER Continue to Promote the Development of "A New SINOMACH Overseas" Ren Hongbin Chairman of SINOMACH I n 2015, the operating revenue of SINOMACH international op- overseas BOT project of SINOMACH, officially began commercial erations reached RMB 176.4 billion, and the total profit RMB 7.1 operation. With an annual generating capacity of 900 million kWh, billion, up by 19% and 37% respectively in comparison with 2011, it will play an important role in the economic and social develop- and accounting for more than half of its total revenue and profit ment and poverty eradication of Cambodia. respectively. In the same year, SINOMACH continued to strengthen internal Over the past year, SINOMACH achieved one success after another coordination, developed and promulgated the implementation pro- in overseas markets. Seizing overseas market opportunities brought gram for “Agricultural Going Out” and strengthened its business in about by the “Belt and Road” Initiative and the China-Pakistan agricultural equipment. Its plan to double export was over-fulfilled. Economic Corridor, it innovated the business model of engineering Last year, export of SINOMACH products exceeded $ 600 million, contracting, promoted transformation and upgrade of engineering exceeding the target by 27%. Its non-entity operating was upgrad- contracting via “EPC +”, and forged a number of high-profile star ed, and agreements for a number of engineering contracting proj- projects. ects were signed, with total contract amount exceeding $ 2 billion; efforts were being made to follow up over 20 projects, more than Construction of the China-Belarus Industrial Park, a symbolic and doubling the target set at the beginning of the year. strategic project of the Silk Road Economic Belt, was implemented phase by phase according to schedule. Investment promotion, park In the long term, SINOMACH will pursue balanced and optimal management and other work were launched smoothly and made a distribution in business structure, income structure, asset structure priority by head of state from the two countries. Thar Coal-Power and personnel structure on a global scale, participate deeply in Project, the first coal-power integration project in China-Pakistan overseas strategic asset allocation, gain access to markets, brands, Economic Corridor, had reached the stage of financing, ushering in channels, technology, personnel and other high-end resources a new concept for energy cooperation between the two countries. through investment, mergers and acquisitions etc. and promote the Tatay Hydropower Plant, the largest level-one hydropower station transformation from “product export” to “capital export” so that invested and built by a Chinese enterprise in Cambodia and the first overseas assets may contribute to half of its revenue. 1 CONTENTS PROJECT PROGRESS SPECIAL PLAN Publish Published by: China National Machinery Industry Corporation Website: www.sinomach.com.cn Address: No.3 Danling Street, Haidian District, Beijing, China 100080 Tel: (86-10) 8268 8888 Fax: (86-10) 8268 8811 Members of Editorial Board 04 SINOMACH Chairman Ren Hongbin Appointed Chair of B20 China Infrastructure Taskforce 05 B20 Summit to Be Held in Hangzhou, China, in September 2016 06 The Key to the Problem Is Communication 07 About the B20 Infrastructure Taskforce Editor-in-Chief: Shi Ke Deputy Editor-in-Chief: Xie Biao Chief Editor: Su Weike Executive Chief Editor: Chen Xingxiang Editor: Zhang Shaochen Mao Weiyang 15 Four Projects of SINOMACH Awarded National Prize for Progress in Science and Technology and State Technological Invention 22 Ecuadorian President Correa Attends the Completion Ceremony for Samanes National Park Construction Project (Phase 1) 16 SINOMACH Visits Iran for Business Opportunities Along the “Belt and Road” 22 A Delegation Headed by Governor of Cochabamba Province of Bolivia Inspects Misicuni Dam Construction Project Undertaken by CAMCE 17 First CPR1000 Forging Surge Lines Successfully Developed by CNEG 22 Governor of Zaire Province Inspects Cuimba Agro-industrial Farm Project in Angola Undertaken by CAMCE 18 China-Belarus Industrial Park Ready for Admission 23 CMEC Signs Contract for Kipeto Wind Farm Project in Kenya 20 China’s Gross Import and Export Value Reached RMB 24.59 Trillion in 2015 21 China Sets 2016 GDP Growthat 6.5%-7% Editorial Department Tel: (86-10) 82606725, 82688727 Fax: (86-10) 82688724 Editorial Company: Beijing Prominion Publishing Co., Ltd. Design: Beijing Prominion Publishing Co., Ltd. E-mail: today@sinomach.com.cn Three Main Business R&D and Manufacture Project Contracting Trade and Services Market Position Ranked 278th among Fortune Global 500 Ranked 1st among China’s Top 100 Enterprises in Machinery Industry Ranked 25th among Top 250 International Contrac- tors Ranked 72nd among Top 225 International Design Firms Ranked 17th among China’s Top 500 Foreign Trade Enterprises Rated as Class A in central enterprise performance appraisal This publication is intended for no commercial purpose but for internal exchange only. Internal magazine for free subscription and all rights re- served. Written permission is required for the reprint of any part or the whole of the content in the magazine. Part of the picture source: Getty Images FOCUS POINTS 08 Achievements of SINOMACH in 2015 12 Who Do the Company Managers Meet with? 13 CHMC Signs Contract for Coal-Power Integration Project in Laos, Worth about $ 2.1 Billion 14 First Coal-Power Integration Project of the China-Pakistan Economic Corridor Launched TRADE AND SERVICES 26 First Set of Marine Cryogenic Pressure Container for Export Smoothly Shipped 26 SINOMACH Heavy Industry Ushers in New Year Busy Shipping Equipment 27 SINOMACH Heavy Industry Receives Two Orders in the New Year SPECIAL PLAN FOCUS POINTS PROJECT PROGRESS SPECIAL PLAN TRADE AND SERVICES SINOMACH Chairman Ren Hongbin Appointed Chair of B20 China Infrastructure Taskforce B20 Summit to Be Held in Hangzhou, China, in September 2016 The 2016 B20 Summit is scheduled to be held in early September in Hangzhou, Zhejiang, marking the debut of this event in China. their representatives respectively expressed their views on the six topics proposed by the Taskforce and offered valuable suggestions. Subsequently, those topics were actively discussed by participating members of the Taskforce one by one. At last, Ren Hongbin concluded the teleconference, saying that the Taskforce will continue to uphold the positive attitude, to extensively collect policy recommendations On January 26, 2016, the B20 China Kick-off Meeting was held in Beijing. Ren Hongbin, from the business and industrial sectors Chairman of China National Machinery Industry Corporation (SINOMACH), attended the around the world and submit them to the meeting as chair of the B20 Infrastructure Taskforce, and presided over its group meeting, G20 Summit, for the reference of G20 lead- briefing the honored guests with the basic information of the Taskforce. ers in decision-making, so as to make greater contributions to global economic governance and formulation of international economic R en Hongbin noted that the topics of structure investment, primarily in business the Taskforce will be focused on three model, and “the hot topic is Public-Pri- areas: first, improvement of issues related vate-Partnership (PPP).” to investment policies on infrastructure. "In and trade rules. As a major supporting activity for the G20 this area, private enterprises are more active. Third, measures to effectively give play to for the international business community to They are more concerned about how the pol- the function of multilateral banks and mul- participate in global economic governance. icies could be made more transparent, so that tilateral organizations, so as to promote in- Its main task is to study major issues in they could invest in infrastructure. Mean- frastructure construction and narrow the gap global economic development, summarize while, they hope that policies on infrastruc- between needs and investment. the observations and recommendations of the business sector, and submit policy rec- be made more stable, so as to improve their On February 22, 2016, the first teleconfer- ommendations to the G20 Summit, so as to confidence and avoid losses to investors." ence of B20 China Infrastructure Taskforce promote robust, sustainable and balanced was convened, hosted by Ren Hongbin, the growth in global economy from the perspec- Chair. During the meeting, the co-chairs or tive of the business community. Second, innovation in financing for infra- 4 Chaired by Ren Hongbin SINOMACH Chairman Trade and Investment Taskforce Chaired by Ning Gaoning Chairman of China Oil & Foodstuffs Corporation (COFCO) Employment Taskforce Chaired by Robin Li Chairman of Baidu SME Development Taskforce mechanism, B20 is an important platform ture investment of various countries could Infrastructure Taskforce Chaired by T his year, the B20 will focus on a total of and submits them to the G20 Summit, so six topics, including financing growth, as to provide reference for G20 leaders in trade and investment, infrastructure, SME decision-making. Many G20 Summit lead- development, employment and anti-corrup- ers have attended the previous B20, and tion. Aside from Infrastructure Taskforce, discussed policy recommendations with rep- which is chaired by SINOMACH Chairman resentatives from the business sector. Since Ren Hongbin, the rest taskforces are as 2010, B20 has submitted to the G20 Summit follows: Trade and Investment Taskforce, over 400 policy recommendations in total. chaired by Ning Gaoning, former chairman Those recommendations were highly valued of China Oil & Foodstuffs Corporation by the G20 leaders and some were included (COFCO); Employment Taskforce, chaired in the G20 Summit communiques. by Robin Li, chairman of Baidu; SME Development Taskforce, chaired by Jack Ma, There are 14 major events for the B20 of chairman of Alibaba; Financing Growth 2016. Aside from the launching ceremony, Taskforce, chaired by Miao Jianmin, presi- joint taskforce conferences are to be held dent of China Life Insurance (Group) Com- in Washington and Paris, in April and June pany (China Life). respectively. In addition, B20 will carry out policy dialogues with G20 Coordinators’ Over the years, the topics of B20 have been Meetings, Finance Ministers and Central well adapted to the themes of G20 Summit, Bank Governors Meeting, and sector minis- covering financial system reform, trade, ter meeting, to truthfully relay the aspirations investment, energy, infrastructure, employ- of the international business community. On ment, anti-corruption and other hot issues this basis, the B20 Policy Recommendations Miao Jianmin of global economic development. B20 gath- Report will be formulated and submitted to President of China Life Insurance (Group) Company (China Life) ers through working group meeting policy the G20 Summit. recommendations from the business sector Jack Ma Chairman of Alibaba Financing Growth Taskforce Chaired by 5 SPECIAL PLAN FOCUS POINTS PROJECT PROGRESS SPECIAL PLAN TRADE AND SERVICES Background information The Key to the Problem Is Communication Ren Hongbin Chairman of SINOMACH About the B20 Infrastructure Taskforce I I n today’s economic world there are factors cuses on aligning private concerns with pub- affecting the development of world econo- lic interests. Yet its message remains simple: nfrastructure is one of the main topics of con- edging that the endeavor will not only lead to new cern to previous G20 Summits, and the focus of economic growth points, but consolidate the founda- my, including trade protectionism, the imbal- solving today’s toughest growth challenges ance of economic development, regional con- relies on the shared commitment, continued attention for the international business community. tions for their future development. In 2016, the B20 Currently, the global economy is undergoing pro- will uphold the priorities of previous B20 Infrastruc- flicts and the pressure of the downturn of the economy. I believe the key to the problem is coordinating, and hard work of both govern- found adjustment, necessitating countries to jointly ture Taskforces to further discuss ways to improve ments and business communities foster new economic growth points and competitive policy environments for infrastructure investment advantages. All countries have reached a consensus and encourage increased investment in infrastructure on promoting infrastructure construction, acknowl- projects. communication, the communication among governments and between governments and At present, the world economy and inter- business communities. Solution could be national economic cooperation come to an found through those communications. important turning point. To lead the world an important role in providing advocacies for out of economic downturn and boost a new the leaders of G20, thus making great contri- B20 is a platform and serves as a bridge con- round of economic growth depends on our butions to the world economy. necting businesses, national leaders and pol- common choice and consorted efforts. icy makers. B20 has the ability to cut across Leadership of the Infrastructure Taskforce Chair So, let us hope, from this robust platform, geographical boundaries and industry silos The vitality of the world economy is one of the B20 2016 can redouble our efforts to un- to exchange knowledge, and know-how. The the greatest concerns of the G20, and there- lock some constraints to the growth of world voice of the B20 is powerful as the work fo- fore, the B20. In previous B20, it has played economy. Ren Hongbin Chairman of Sinomach Question and Answer Q: Being the chair of 2016 B20 Infrastructure Taskforce, what do you think the Taskforce should do for the B20 China? kick-off events, we received many insightful inputs on improving infrastructure invest- A: B20 China should build on the pre- across the majority of countries; ment policy environment, innovation in vious efforts of B20 to continue to Keep an eye out for things we have missed, infrastructure financing, enhancing effective- deliver incremental changes. To be more emerging issues that require our action, and ness of multilateral development banks & practical and efficient, I think we should: new and innovative solutions to old problems. institutions from our taskforce members. 2016 will be a lucky year for infrastructure. I strongly believe, with the efforts of all task- Draw upon each other’s expertise, as leaders in different geographies, industries & sectors; The last 18 months have seen the launch of forces and together with my esteemed col- Have open & honest discussions about the several new and exciting actors on the global leagues, B20 China can definitely contribute challenges we are facing in each of our busi- infrastructure stage, such as the AIIB, the to an innovative, invigorated, interconnected nesses; GIH, the GIF, and the Green Climate Fund. and inclusive world economy. This morning, in the infrastructure taskforce Thank you! Be practical and focus on the most important problems that impact many businesses 6 Liu Zhenya Co-Chair Fu Chengyu Co-Chair Co-Chair Lu Ma John Beck Chairman, State Grid Corporation of China (SGCC) Ex-Chairman, China Petrochemical Corporation (Sinopec) Vice President, State Power Investment Corporation (SPIC) Chairman, Aecon Group Inc. Co-Chair Co-Chair Co-Chair Co-Chair Co-Chair Hans Paul Bürkner Kirill Dmitriev Marcus Wallenberg Sam Walsh Chairman, Boston Consulting Group (BCG) CEO, Russian Direct Investment Fund (RDIF) Chairman of Skandinaviska Enskilda Banken (SEB) CEO, Rio Tinto Group 7 SPECIAL PLAN FOCUS POINTS PROJECT PROGRESS FOCUS POINTS TRADE AND SERVICES 1. Market expansion implemented in an orderly manner SUMEC: Newly signed contracts for 16 photovoltaic power plants, with installed Achievements of SINOMACH in 2015 Launched innovation of development model, signed strategic cooperation memorandum capacity of 500MW, and total investment with GE the US company to jointly promote clean energy projects in Africa, with substantial of RMB 4.28 billion. cooperation in a host of projects, including the gas turbine power plant in Nigeria, the wind CMEC: Combined-cycle power plant in power project in Kenya. Angola, with a contract amount of $ 985 million. CAMCE: A sugar plant project in Ethiopian, with a contract amount of $ 647 million. Development during the "Twelfth Five-year Plan" Period 2. Major projects steadily implemented China-Belarus Industrial Park: Eight companies have signed admission Achievements during the "Twelfth Five-year Plan" period Significantly enhanced competitive edges The China-Belarus Industrial Park was conscientiously advanced. Specialized departments agreement, and 21 more submitted were established at SINOMACH headquarters to strengthen project tracking and manage- agreement text for intent of admission. ment; and China Merchants Group was invited to invest in China-Belarus joint-venture com- Tatay Hydropower Station in Cambodia: panies; efforts were stepped up to promote investment, 23 investment promotion conferences Officially put into commercial operation, were held, receiving at the Park over 100 delegations from home and abroad; heads of state reaching designed operation capacity, from China and Belarus visited the project site, speaking highly of the project. expected to achieve an annual profit of RMB 200 million. 3. Promotion of internal coordination continued Grew by 7.9% on average 2015 The number of companies participating in internal cooperation reached 35, generating contract amount of RMB 4.2 billion, RMB 1.8 billion of which had been completed. Six enter- Ranked 288 prises launched cooperation with CNEG, signing contracts amounting to RMB 3 billion, and achieving synergetic turnover of RMB 1.86 billion. 2011 In 2015, export of SINOMACH manufactured products reached RMB 639 million, exceeding the plan by 33%. Annual revenue grew by 7.9% on average from 2011 to 2015 Ranked 288 in the World's Top 500 Enterprises Company, a power plant in Serbia and a power transmission project in Côte d’Ivoire, totaling a profit of RMB 8.5 billion, up by RMB 60 million, while CNEG achieved a substantial reduction in losses from RMB 8.4 billion in 2014 to RMB 48.56 million in 2015 through debt Up by RMB 60 million Profit RMB 8.3 billion restructuring, making up deficits and shaking off predicament, etc. SINOMACH achieved RMB 4.1 billion in EVA, up by RMB 3.05 billion in comparison with the previous year, and turned over RMB 12 billion in taxes. It was rated Class A in performance evaluation by SASAC (State-owned Assets Supervision and Administration Commission of the State Council) for the seventh year on end. 8 RMB 1.8 billion 4. Efforts stepped up to save costs and improve efficiency INOMACH as a whole achieved a total profit of RMB 8.3 billion; the original SINOMACH (excluding China National Erzhong Group, referred to as CNEG) achieved The number of companies participating in internal cooperation reached 35 Non-entity operation was strengthened. The contracts were signed for Cameroon Water $ 2.33 billion. And 25 projects are currently being tracked. S 35 Companies YTO Group Corporation (YTO): Cost-optimization was enhanced and strict budget management launched. Annual benefits from reducing cost and improving efficiency reached RMB 140 million, meeting 140% of the annual target. Losses RMB 48.56 million From RMB 8.4 billion Hefei General Machinery Research Institute (HGMRI): Pursued cost reduction in the entire Generating contract amount of RMB 4.2 billion, RMB 1.8 billion of which had been completed process of production and operation, covering R & D, material procurement, business reception, energy conservation, and risk prevention, and achieved remarkable results. 9 SPECIAL PLAN FOCUS POINTS PROJECT PROGRESS FOCUS POINTS TRADE AND SERVICES International Operations Fruitful Create a New SINOMACH Overseas Second, promote upgrade of internationalized business. Third, promote innovation of international business model. At the end of 2015, SINOMACH First, promote international cooperation in capacity and equipment manufacturing. was recognized by the Efforts will be stepped up in implementing SINOMACH will constantly optimize its SINOMACH will explore combination of National Development and the “Belt and Road” Initiative, and focus structure, innovate its ways and means, and project contracting with direct investment, Reform Commission (NDRC) as placed on overseas business expansion in extend the breadth and depth of its business, project construction with operation service, a backbone enterprise countries along the “Belt and Road”. Efforts to promote upgrade of its internationalized and infrastructure with industrialization. qualified for undertaking will also be made to help products, tech- business from low-end to high-end in the It shall actively promote China-Belarus international capacity nologies, standards and services go global industrial chain, and to offer high value-add- Industrial Park and other key projects, cooperation mechanisms in and to compete in the international market ed products and services. It shall continue to steadily carry out foreign direct investment countries with key partnership in an orderly manner, and to proactively implement the non-entity operation model, in equipment manufacturing and engineering with China. Some of its participate in project construction, in infra- redouble its efforts to promote the “going service, effectively promote business model projects were set as priority structure interoperability, energy resources global” efforts of relevant research institutes, innovation in agricultural “going global” projects. cooperation, industrial investment, and design institutes, construction companies, projects, so as to create a favorable pattern overseas construction of industrial parks. and equipment manufacturing enterprises, of synergetic development in export and SINOMACH will draw on its own advan- and prioritize science and technology ser- import, international project contracting, tages and the overseas market demand to vices, to nurture new profit growth points. It foreign investment and operation and other promote export of heavy equipment, agri- shall vigorously consolidate the traditional businesses. cultural and forestry machinery, engineering international business market. While fully machinery, basic components and parts, tapping the traditional markets in Asia and smart manufacturing equipment, and green Africa, it will step up the efforts in develop- equipment for emerging industries. It will re- ing the markets of emerging economies and double its efforts in developing international expanding the high-end markets of European engineering contracting business in electrici- and American countries. By optimizing its ty, transportation, agriculture, forestry, water distribution in the global market and upgrad- conservancy, public utility projects and other ing its business, SINOMACH will continu- areas, to assist with Chinese equipment, ally improve the scale, quality and efficiency including SINOMACH products in its bid to of its international operations. Overseas projects and agencies 433 Recognition 36.5 186 Projects Billion USD Enterprises & institutions 433 projects being implemented $ 36.5 billion in total contract amount 186 overseas enterprises and institutions The "Belt and Road" Initiative 35 270 18 Countries Projects Billion USD 35 project host countries 270 projects being implemented $ 18 billion in total contract amount Exceeding the Plan of Doubling Exports Base Planned objectives Annual targets Actual completion 6.4 Unit: US $ 100 million 5.2 3.8 3.1 2.4 CMEC, $ 72.08 million 3.5 2013 2014 Key Companies Internal cooperation Broad prospects Over three years, The "Belt and Road" (SINOMACH Heavy Industry), China CAMC Engineering export via internal Initiative, international Co., Ltd. (CAMCE), SUMEC Group Corporation (SUMEC), cooperation totaled $ capacity cooperation, China National Electric Apparatus Research Institute Co., 250 million. Made in China 2025 Sciences (CAAMS) Brand Talent Channels Product export Technology Capital export 2015 YTO, China SINOMACH Heavy Industry Corporation Ltd. (CEI), Chinese Academy of Agricultural Mechanization 10 4.8 go global, via engineering contracting. 2012 Vanguard 6.7 Market Business structure Promote international cooperation in capacity and equipment manufacturing Promote upgrade of internationalized business Income structure Asset structure Promote innovation of international business model Offer financial support to subsidiaries in overseas mergers and acquisitions Personnel structure 11 SPECIAL PLAN FOCUS POINTS PROJECT PROGRESS FOCUS POINTS TRADE AND SERVICES Who Do the Company Managers Meet with? Xie Biao Meets with Zafaruddin Mahmood, Envoy for China-Pakistan Economic Corridor of Pakistani Embassy to China CHMC Signs Contract for Coal-Power Integration Project in Laos, Worth about $ 2.1 Billion Date: January 22, 2016 O Topic of discussion: The two sides discussed efforts to further expand SINOMACH trade and invest- with the Electricite du Laos (EDL) the EPC ment cooperation in Pakistan, taking advantage of the opportunities presented by the “Belt and Road” contract for Sekong Coal-Power Integration Initiative. Project, with a contracted amount of about $ n March 17, China National Heavy Machinery Corporation (CHMC) signed in Vientiane, the capital of Laos, 2.1 billion. Ding Hongxiang Meets with Delegation of ENGIE Group Date: January 14, 2016 in Sekong Province in South Laos, and its construction projects include a coal mine Topic of discussion: ENGIE Group was renamed from the GDF-SUEZ Group in 2015. As a global with an annual production capacity of 3 mil- professional operator of energy resources, ENGIE Group is mainly engaged in electricity, natural gas lion tons and a pit-head power plant with a and energy services. The two sides discussed issues related to joint promotion of the coastal power plant total designed installed capacity of 700 MW in India. to be furnished by two 350 MW generator Ding Hongxiang Meets with Baade , President of FINOBA Date: December 21, 2015 Topic of discussion: The two sides discussed cooperation in development and manufacture of auto parts and other related areas. Liu Jingzhen Meets with Sami, Chairman of the National Investment Commission of Iraq Date: January 18, 2016 Topic of discussion: The two sides discussed promotion of airport construction projects in Iraq. 12 The coal-power integration project is located units. To be completed over 48 months, the ation capacity can reach only 20% to 40% of construction will be implemented with com- the installed capacity, causing power short- mercial loans from the Export-Import Bank ages in urgent need of alleviation. To im- Meanwhile, it will also furnish state revenue of China. The project is not only the over- prove this situation, EDL planned to develop for the local government and create numer- seas EPC project with the largest contracted of “Sekong Coal-Power Integration Project.” ous jobs, effectively promoting local social amount for a single project undertaken by ASEAN countries. and economic development. CHMC, but also the EPC project in contract- CHMC began tracking this project in 2014, ed amount in Laos. actively participating in and organizing proj- The project has been listed as a priority ect site visits, geological exploration, fea- project in the “eighth five-year plan” of the According to the Power System Develop- sibility report formulation and other work. Lao government, and included in the list of ment Planning (2015 – 2025) formulated by After its completion, the project will provide the “Belt and Road” projects applied by the Laos (EDL), as well as the country’s grow- Laos with a stable baseload, effectively country with China. ing demand for electricity, the electricity de- improve the situation of power shortage in mand of Laos is estimated to grow by about the dry season, benefit the safe operation of It is reported that CHMC will also be the 16.6% annually. It is currently mainly reliant its national grid, better meet its demand for general contractor for the 500 kV outgoing on hydropower, of which a considerable part electrical energy, effectively promote local lines and substations of this project, securing is from run-of-the-river hydropower stations economic and social development and ex- outbound transmission of electricity in the without reservoir. In dry seasons, the gener- ert positive influences for Laos and certain future. 13 SPECIAL PLAN FOCUS POINTS PROJECT PROGRESS FOCUS POINTS TRADE AND SERVICES First Coal-Power Integration Project of the China-Pakistan Economic Corridor Launched Financing Agreements Signed for Thar Mining and Power Project in Pakistan of CMEC Four Projects of SINOMACH Awarded National Prize for Progress in Science and Technology and State Technological Invention On the morning of January 8, the National Science and Technology Award Conference was held in Beijing, and four prizes were awarded to four companies under SINOMACH, including one second prize for technology invention, and three second prizes for scientific and technological progress. In recent years, electricity demand in Pa- O 1 2 3 kistan has continued to grow with its eco- The research project “Key “Full hydraulic drilling equip- The “12,000-ton stretcher for “Key technologies, set equip- nomic development. However, Pakistan is Technologies of Load Spectrum ment and critical apparatus for aircraft-grade aluminum sheets” ment and industrialization of highly dependent on imported natural gas for 22 Models of Aircraft and geological core under 2,000 completed by China National control system of supersize and oil for power generation, imposing an Their Application” chaired by meters” completed by Wuxi Heavy Machinery Research In- water turbines” completed by increasingly heavy burden on the govern- Yan Chuliang, academician of Drilling Tools Factory Co., Ltd. stitute Co., Ltd. (SINO-HEAVY- Tianjin Research Institute of ment. Currently, 64.99% of its electricity is Chinese Academy of Sciences as the third lead unit, has been MACH) as the lead unit is a Electric Science Co., Ltd. as the provided by imported oil / high-speed diesel and director of Beijing Aircraft widely used in China and ex- major breakthrough in alumi- sixth lead unit effectively solved and natural gas, 30.37% by hydropower, and Strength Research Institute ported to over 20 countries and num slab production technology the technical problems in the 4.22% by nuclear power, with less than 0.1% of SINOMACH, successfully regions, occupying 70% of the and equipment, making China’s field of speed regulators, leading by coal-fired power plants. The Pakistani solved a host of key technologi- market for full hydraulic geolog- ten thousand-ton stretcher of the international advanced level. government is committed to using domestic cal problems and made possible ical core drilling rigs in China. heavy-duty aluminum slabs n December 21, 2015, China Machin- ments of ‘The Belt and Road Initiative’, resources such as coal for power generation; using one aircraft for flight load The research finding has reached grow out of nothing. It put an ery Engineering Corporation (CMEC) CMEC implemented ‘Three Combinations’, those resources have not yet been fully uti- spectrum measurement, fleet life world advanced level as a whole end to restrictions from depen- signed financing agreements with Pakistan that is, combination of general project con- lized in the past. determination and extension, and world leading level in some dence on imports for aluminum Initiators led by the Engro Corporation, the tracting and investment, combination of and guarantee of flight safety. aspects and has repeatedly slabs, providing a strong guar- bank consortium led by China Development general project contracting and operation, The signing of this agreement will facilitate The research findings have created world records in drilling antee of raw materials for the Bank, and its Pakistan counterpart led by and combination of engineering construction the efforts of Pakistan in replacing imported been adopted in determination technology. It established the manufacture of large aircraft. Habib Bank Limited, for Thar Coal and with local economic development, obtaining oil with domestic resources (coals) and pur- and extension of the service technological system for geolog- Power Projects in Pakistan, officially setting steady development for CMEC, and promot- suing balance of international payments. It life of thousands of aircraft and ical core drilling within 2,000 in motion the first coal-power project in the ing the economic development of the host will significantly improve the current mining in reliability design for new meters, turning China from an China-Pakistan Economic Corridor, a flag- countries.” industry, which is generally underdeveloped, models of aircraft, substantially importer of full hydraulic core ship project of the “Belt and Road” Initiative. 4 help ease the tension between electricity increasing the safe life for series drilling rigs into an exporter. Thar Block II Mining and Power Project supply and demand, and create a benchmark of aircraft in China, and generat- In the last three years, it has On the ceremony, Xie Biao, Deputy General signed here is a priority project of the two for integrated development of coal and elec- ing significant economic, social attained RMB 1.669 billion in Manager of SINOMACH, said: “35 years countries, involving a total investment tricity in Pakistan. Infrastructure construc- and military benefits. They have direct economic benefits. before, CMEC started its overseas contract- of over 2 billion US dollars. It is the first tion will improve the overall appearance of provided technical support and ing projects in Pakistan; after 35 years, it coal-power integration project in the Chi- the Thar region, directly or indirectly pro- guarantee for flight safety of 12,000-ton stretcher for aircraft-grade aluminum sheets created a new pattern of development with na-Pakistan Economic Corridor and the first vide jobs for the poor residents of Thar, and series of aircraft. the Thar project. In response to the require- of its kind throughout Pakistan. improve the local economic situation. Key technologies, set equipment and industrialization of control system of supersize water turbines 14 Key Technologies of Load Spectrum for 22 Models of Aircraft and Their Application Full hydraulic drilling equipment and critical apparatus for geological core under 2,000 meters 15 SPECIAL PLAN FOCUS POINTS PROJECT PROGRESS FOCUS POINTS TRADE AND SERVICES SINOMACH Visits Iran for Business Opportunities Along the "Belt and Road" F First CPR1000 Forging Surge Lines Successfully Developed by CNEG rom January 22 to 24, Liu Jingzhen, SINOMACH Deputy General Manag- er, SINOCONST Chairman, and chairman demonstrated the equipment manufacturing Connecting the main channel and the regula- of China Ocean Aviation Group Limited capacity of CNEG, highlighted its status as tor of nuclear power plant reactor, the surge (COAG), led a delegation to Iran. Liu Jing- a manufacturer of nuclear coolant pipes, and line is so named because it is intended for zhen and his entourage successively visited ushered in a new chapter for its long-term buffering the thermal shock in the coolant of Iran Water & Power Resources Company cooperation with China General Nuclear the primary loop and the fluctuating stress (IWPC), Thermal Power Plant Holdings Power Corporation (CGN). from the water hammer. It is the first-class (TPPH), Ministry of Roads & Urban Devel- safety equipment for nuclear power plants opment and Farab the engineering company. and first-class seismic-proof equipment. The Iran is faced with changing international CPR1000 regulator forging surge lines pro- 8 situation and an important country along the Months “Belt and Road”. New developments are expected for China and Iraq to cooperate in energy, railways, roads, ports, mining, com- in the international market; he also said that scope in order to better perform the duty of munications and other fields. in the new situation, Iran had enormous po- providing Iran with quality energy resources. tential in energy and infrastructure construc- He also expressed the wish of large-scale At IWPC, Liu Jingzhen met with its presi- tion, and that there were broad prospects cooperation with SINOMACH. dent Mohammadreza Rezazadeh, and had in- for cooperation with powerful corporations depth exchanges with him on the cooperative like SINOMACH, and that he looked for- hydropower project in Azad. Liu introduced ward to continued cooperative relations with to Mohammadreza Rezazadeh in detail of SINOMACH. Deputy Minister. The two sides discussed in- the world-class construction strength of O duced by CNEG for China General Nuclear Power Engineering Co., Ltd. were the result of innovation in manufacturing technology. n January 13, the four forging surge lines for CPR1000 regulator produced by China National Erzhong Group (CNEG) The manufacturing process took a mere 8 months for No. 5 generator unit of Yangjiang NucleSetting a domestic record in manufacturing a At Ministry of Roads & Urban Develop- their installation site at Guangdong Yangji- major nuclear power device ment, Liu Jingzhen met with Noorzad the ang Nuclear Power Station. Those are the first set of forging surge lines had been contending for. domestically manufactured for CPR1000 able guarantee for the safe and stable operation of No. 5 generator unit of the Yangjiang Nuclear Power Station. ar Power Station were shipped from here to depth the railway project that SINOCONST Mature and stable, they will provide a reli- Over recent years, CNEG has successfully developed the AP1000 main pipes and surge Their successful development was of great significance lines for Sanmen Nuclear Power Station, and Haiyang Nuclear Power Plant. It has also un- SINOMACH, its strong financing capability At TPPH, Mohsen Tarztalab, president of the and representative projects. And Moham- company, told the delegation that TPPH had madreza Rezazadeh said that SINOMACH resultant from Iranian Power Development At Farab, Liu Jingzhen met with Mehren completion, the manufacturing process took But also indicating that China's capacity for Investment Corporation (SPIC), Lufeng had rich experience in construction of inter- Company (IPDC) via restructuring, a pro- Lotfi, president of the company. The two a mere 8 months, setting a domestic record producing coolant pipes exclusively for nuclear Nuclear Power Plant and other domestic nu- national projects and very good reputation cess that expanded the company’s business sides expressed the hope that as partners in in manufacturing a major nuclear power power had reached world advanced level clear power plants, as well as those of Hua- the Iranian market they might give full play device. Experts of the industry said their to their advantages to quickly advance the successful development was of great signif- It demonstrated the equipment manufacturing Power Plant (KANUPP) in Pakistan. It has process of cooperative projects, and continue icance, not only meeting the urgent needs of capacity of CNEG been the largest domestic supplier of coolant to search for more cooperation opportuni- domestic clients and filling a gap in nuclear ties in energy and infrastructure, so as to power localization, but also indicating that Ushered in a new chapter for its long-term AP1000, ACP1000, CAP1400, the 3-gen- New developments are expected for China and Iraq to cooperate promote local economic development, and China’s capacity for producing coolant pipes cooperation with China General Nuclear Power eration nuclear power plants, with product in energy, railways, roads, ports, mining, communications and other contribute to the efforts of Iran in economic exclusively for nuclear power had reached Corporation (CGN) quality and manufacturing capacity leading fields and social development. world advanced level. At the same time, it Iran is faced with changing international situation and an important country along the "Belt and Road" 16 regulators. From preparation of materials to dertaken the manufacture of main pipes for a demonstration power plant of State Power long One ACP1000 for the Karachi Nuclear main pipes and surge lines for CPR1000, and the country. 17 SPECIAL PLAN FOCUS POINTS PROJECT PROGRESS FOCUS POINTS TRADE AND SERVICES China-Belarus Industrial Park Ready for Admission According to statistics, the 8 companies planned to invest a total of $ 100 million dollars over the 117 hectares of land rented. Visits to key provinces, cities and businesses From October to November 2015, the China-Belarus joint venture visited over 20 compa- On March 20, 2015, construction of a starting area measuring 3.5 square kilometers was nies from more than 10 cities in 8 provinces for investment promotion, including Shenyang, implemented; on May 12, Chinese President Xi Jinping and Belarusian President Alexander Shanghai, Hangzhou, Wuhan, Shiyan, Changsha, Guangzhou, Shenzhen, Xining, Lanzhou, Lukashenko inspected the project site of the China-Belarus Industrial Park. Jiuquan and so on, to promote cooperation between the China-Belarus Industrial Park and those provinces and cities. Marked progress was made in investment promotion, and 8 companies signed admission agreements. Investment Promotion Efforts Redoubled in 2015 Targets Set for Infrastructure Construction in 2016 Extensive investment promotion activities held for the Park In 2015, China National Machinery Industry Corporation (SINOMACH) held in China and Belarus 23 investment promotion events, attracting over 1,000 participants from more than 23 Events 700 1000 Companies Participants 700 companies. Interaction with various governmental and corporate delegations from home and abroad at the Park Held 23 investment promotion events, attracting over 1,000 participants from more than 700 companies A total of 62 governmental and corporate delegations from China were received at the Park, Objectives for infrastructure construction in 2016: By the end of 2016, seven accesses and one leveling (access to traffic, electricity, water, drainage, telecommunication, cable TV Infrastructure construction in the start- Construction of supporting facilities in and gas, natural land leveling) and supporting ing area (Phase 1) in 2015: Construction of 2015: The preliminary design for 12,500 infrastructure in the starting area (phase 1) roads and pipe network for the starting area square meters of office building and 8,000 will be completed, and the 12,500 square me- was carried out on schedule; by the end of square meters of plant had been completed ters of office building and 8,000 square meters November 2015, 85% of the work had been and accredited by the state; site clearing and of standard plant put into use. Design for the completed. Before the end of 2015, construc- leveling had been completed, and construc- infrastructure in the 8.5 km2 of development tion of all roads and pipe network (except tion contractor decided; construction shall area (excluding the 3.5 square kilometers landscaping) in the starting area should be be started in early 2016 after the frozen-soil of starting area), and for the 71,000 square completed according to the work plan jointly period ends. meters of residential area shall be completed, determined by China and Belarus. and construction partially implemented. Preliminary Agreement Reached with Belarus for Amending the Presidential Decree cifically establish China-Belarus Industrial The Park has reached the stage of investment decree to the two governments, and jointly special economic management system. It promotion and operation, after completion formed a Chinese panel for making recom- shall be given the functions of a free trade of the planning and construction in the early mendations to modification of the presiden- zone and bonded area, where corresponding stages. As the development work of the Park tial decree. The panel shall discuss with its policies will be implemented. Integration including over 500 corporate delegates; inspections by 42 industrial and corporate organizations from 14 countries including Russia, Germany, Switzerland, Japan, Canada, the United States, and so on, were entertained. During which, the policies and construction of the Park were introduced and cooperative models explored. 8 companies admitted and intention agreements for admission signed with 21 more companies 8 admission agreements were signed, with China Merchants Logistics Holding Co., Ltd., YTO Group Corporation (YTO), Zoomlion Heavy Industry Science & Technology Co., Ltd. (Zoomlion), Zhongxing Telecommunication Equipment Corporation (ZTE), Huawei Tech- A total of 62 governmental and corporate delegations from China were received at the Park, including over 500 corporate delegates Inspections by 42 industrial and corporate organizations from 14 countries Park as a China-Belarus Special Economic Zone (SEZ), entitled to special economic policies, flexible economic measures, and further unfolded, it was found that a number Belarusian counterpart chaired by Nikolai of production, manufacturing, trade and nologies Co., Ltd. (Huawei), Chengdu Xinzhu Road & Bridge Machinery Co., Ltd. (Xinzhu of important matters had not been made ex- Snopkov, Deputy Head of the Belarus Presi- business will be implemented. The financial Corporation), Gansu Juxin and Belarus Nano Pectin Corporation respectively; agreements plicit in the presidential decree. On the fifth dent Administration, about the details of the sector shall be introduced, and innovation of intention for admission were signed with 21 companies, including China Foma (Group), meeting of the China-Belarus Joint Working modification.Currently, the two sides have exercised in integration of industries and CITIC Construction, FiberHome Technologies Group (FiberHome), Hubei Yun Yin Industri- Panel, SINOMACH and China Merchants reached a consensus on major modifications. financing. Admission for industrial access al, Shenyang Hongwei Plastic, Qinghai Flaxseed, and so on. In addition, Strategic Coopera- Group officially pointed out the urgency tion Agreement was signed with Shenyang City. and necessity for modifying the presidential 18 shall be relaxed, and investment environThe modified presidential decree will spe- ment further improved. 19 FOCUS POINTS SPECIAL PLAN PROJECT PROGRESS China's Gross Import and Export Value Reached RMB 24.59 Trillion in 2015 January 13, the total value of goods imported and exported in 2015 amounted to RMB 24.59 trillion, down by 7% from 2014. Among it, exports reached RMB 14.14 China Sets 2016 GDP Growth at 6.5%-7% O n March 5, 2016, China announced an plans for its GDP to grow at least by 6.5% 10 million and registered urban unemploy- economic growth target of between annually from 2016 to 2020 on average. ment rate shall be restricted to within 4.5%. 6.5% and 7%. This was the first time since According to the data released by the General Administration of Customs on FOCUS POINTS TRADE AND SERVICES A mongst the complex and challenging situation, the foreign trade of China still demon- Li Keqiang said in the report that in this year ing employment and improving people’s range. efforts would be made to further promote livelihood. The growth rate of 6.5% to 7% structural reforms, especially reform of the shall ensure relatively adequate employment. strated some positive changes and highlights, as mainly reflected in the following aspects: First, trade pattern became more reasonable. Steady growth was mainly aimed at protect- 1995 for China to set its GDP target within a In the government work report at the Nation- supply front. The NDRC said that efforts al People’s Congress on Saturday, Chinese would be made to help the steel and coal in- In 2015, China’s GDP grew by 6.9%, and Premier Li Keqiang announced the goal. In dustries extricate from their predicament and consumption contributed to 66.4% of its 10.45 trillion, down by 13.2%. The trade Thanks to the vigorous promotion of “pursuing steady growth, readjustment of structure” by addition, according to China’s Thirteenth get restructured and upgraded. The report economic growth. surplus reached RMB 3.69 trillion, up by the State Council, in 2015 the value of import and export in China’s general trade reached Five-Year Plan on National Economic and also clearly pointed out that in this year ur- 56.7%. RMB 13.29 trillion, down by 6.5%, accounting for 54% of the total import and export, up by Social Development released, China has ban employment shall be increased by over trillion, down by 1.8% and imports RMB 0.3% from the previous year; exports increased by 2.2%. Exports RMB 14.14 trillion Down by 1.8% Imports In 2015, the EU, U.S. and ASEAN were the top three trade partners of China, with bilateral trade volumes at RMB 3.51 trillion, 3.47 trillion and 2.93 trillion respectively. In the same RMB 10.45 trillion Down by 13.2% The trade surplus reached RMB 3.69 trillion Up by 56.7% Second, headway was made in diversification of trading partners. period, China improved its business performance in ASEAN, India and other emerging markets. Its bilateral trade with ASEAN decreased slightly by 0.6%, and with India grew by 2.5%, generally outperforming the overall import and export. Third, private enterprises showed greater vitality in foreign trade. In 2015, the import and export value of private enterprises reached RMB 9.1 trillion, down by 0.2%, accounting for 37% of gross import and export, up by 2.5%; and their export value increased by 3.1%. Fourth, the export structure was further optimized. In 2015 the Gross Trade Volume of China to Countries Along the "Belt and Road" Grew by 25% O n February 23, Silk Road Think Tank most of the cases, response to the “Belt and from the previous year. Its investment in 49 Association Conference was launched Road” Initiative from the international com- of the 65 countries in the region reached $ in Shenzhen. At the meeting, Ou Xiaoli, an munity was active and positive, but there 15 billion, up by 18%; by the end of 2015, inspector in the Department of Western De- were indeed different voices. In the process China had signed 3,987 cooperation agree- In 2015, China’s export of electromechanical products reached RMB 8.15 trillion, up by 1.2%, velopment of the National Development and of actually promoting the Initiative, there is ments with 60 of the countries for infrastruc- accounting for 57.7% of total exports, up by 1.7% as compared with the last year. In the Reform Commission (NDRC) disclosed the a particular emphasis for China to gear its ture construction, including high-speed rail- same period, the total value of exports in the 7 labor-intensive categories, including textiles, latest developments in the “Belt and Road” strategies to the development strategies of way, ports, airports and roads, involving a clothing, bags, footwear, toys, furniture and plastic products reached RMB 2.93 trillion, Initiative. countries along the “Belt and Road”. total of $ 92.6 billion in funds. It established down by 1.7%, accounting for 20.7% of total exports, wherein export of toys, furniture , bags and plastic products continued to grow. 20 77 overseas cooperation zones in 23 of the Ou said that China has signed memoranda Wei Jianguo, former Vice Minister of Com- countries; 946 Chinese companies totally in of cooperation or concrete agreements with merce and Vice Chairman of the China Cen- those zones had provided nearly 200 thou- 2015 marked a difficult and complicated year for the trade of China. The plummet in global 34 countries along the “Belt and Road”, ter for International Economic Exchanges sand jobs and $ 900 million in fiscal reve- bulk commodity prices and significant decrease in commodity import growth were an im- including inter-government and inter-de- (CCIEE), revealed at the meeting that in nue. Moreover, 23 countries had proposed portant reason for the decline in its import in 2015. In addition, weak external demand also partment cooperative documents, with more 2015 alone, the import and export trade vol- plans for establishing 36 industrial zones. took its toll. memoranda and agreements under intensive ume of China to countries along the “Belt negotiation. He disclosed that as of now, in and Road” reached $ 995 billion, up by 25% 21 SPECIAL PLAN FOCUS POINTS PROJECT PROGRESS PROJECT PROGRESS TRADE AND SERVICES Inspection Signing of Contract Ecuadorian President Correa Attends the Completion Ceremony for Samanes National Park Construction Project (Phase 1) CMEC Signs Contract for Kipeto Wind Farm Project in Kenya United States meet in Africa. Kipeto Wind Power Project has also become the outcome On December 12, 2015, Ecuadorian President Correa attend- of intersection between the national strate- ed the Completion Ceremony for Samanes National Park gies of China, the United States and Kenya. Construction Project (Phase 1), undertaken by China CAMC It is a typical example of joint development Engineering Co., Ltd. (CAMCE). President Correa spoke of a third-party market by large enterprises highly of the social benefits of the project, and expressed ap- from China and the United States, to the preciation for the contributions of CAMCE to the project. benefit of the African people and economic development in Africa. The successful signing of the project constituted yet another milestone in CMEC’s drive to implement the national “Belt and Road” Initiative. It is also of great significance for CMEC to tap the A Delegation Headed by Governor of Cochabamba Province of Bolivia Inspects Misicuni Dam Construction Project Undertaken by CAMCE On January 24, China Machinery Engineer- and Road” Initiative of the Chinese govern- ing Corporation (CMEC) signed a contract ment and “Power Africa” program of the U.S. with Kipeto Energy Limited (KEL) for Ki- government. On February 15, Ivan Canelas, the governor of Cochabamba Province of Bolivia and his del- peto Wind Power Project in Kenya. market of new energy resources in Africa. egation inspected the Dam Construction Project of Misicuni undertaken by CAMCE. Mainly relying on the platform for internaThe project is CMEC’s first wind power tional engineering projects established by its During the inspection, Ivan Canelas spoke highly of the work of CAMCE and expressed his project in Kenya, as well as in the entire subsidiary CMEC, SINOMACH had since the appreciation for the contribution of CAMCE to Misicuni Region and Cochabamba Province. Africa. It will adopt 60 1.7 MW wind tur- 1990s implemented via joining hands with GE He also encouraged the project team to maintain its vigor, so as to complete construction of bines manufactured by GE, thus promoting a series of large-scale energy cooperation proj- the dam at an earlier date. Currently, 115 meters for the first dam slab had been completed (the CMEC’s drive to deepen strategic partner- ects at home and abroad, covering Asia, Africa total length being 189 m). ship with GE. and Latin America. Currently project teams of the two sides were working together to follow The project is part of the key entries in Governor of Zaire Province Inspects Cuimba Agroindustrial Farm Project in Angola Undertaken by CAMCE projects for development. In Africa alone, the the strategic cooperation memorandum of projects were worth more than 2.7 billion US understanding signed by SINOMACH in dollars, as was the case of Kipeto Wind Power September 2015 with GE. It was agreed in Project. On February 13, a delegation led by JoséAndre, Governor of Zaire Province, and Jony, May- the memorandum that the two sides would or of Cuimba City inspected the Cuimba Agro-industrial Farm Project in Angola undertaken join hands to promote clean energy projects As the bridgehead on the African continent by CAMCE. in Africa, to help sub-Saharan Africa achieve for China’s “Belt and Road” Initiative, the goal of doubling the population with Kenya has become the crossroads where the access to electricity and to support the “Belt national strategies of China and those of the JoséAndre spoke highly of the efforts made by CAMCE in promoting local employment and introducing advanced agricultural technologies and management, and expressed his appreciation for the contributions made by CAMCE to the Zaire Province and to Cuimba City. 22 23 SPECIAL PLAN FOCUS POINTS PROJECT PROGRESS PROJECT PROGRESS TRADE AND SERVICES CAMCE Signs Contract with Masvingo of Zimbabwe for Upgrading Sewage Pumping Station and Sewage Treatment Plant in Masvingo Completion El Paso Hydropower Project in Chile Undertaken by CNEEC Completed On January 11, completion ceremony was mechanical equipment and technical services On December 1, 2015, CAMCE and Masvingo Government signed in Harare, the capital of held at the project site for the El Paso 3×20 provided by CNEEC. The El Paso 3×20 MW Zimbabwe, a business contract for Masvingo Sewage Pumping and Treatment Plant Upgrad- MW Hydropower Project in Chile under- Hydropower Project will enhance the capa- ing Project. The project site is located in Masvingo City, and the contract is worth $ 73.5 mil- taken by China National Electric Engineer- bility of Chile in independent power supply, lion. The project includes upgrade of the existing sewage treatment plant, sewage pumping ing Corporation (CNEEC), a subsidiary improve its national electricity security, and stations and pipelines in the city, and construction of a new sewage treatment plant, a new of CMEC. At the ceremony the proprietor lay a solid foundation for Chile to attract in- sewage pumping station and other related facilities and sewage pipelines. The project is ex- spoke highly of the design, electrical and vestment in the future. pected to take 33 months in construction. IPPR Winning the Bid for Cuban Fruit and Vegetable Canneries (EPC) Aid Project CNEEC Coal-Fired Power Plant in Indonesia Completes Safe Operation for 168 Hours At 12:00 of January 16, No. 1 generator unit combustion, and excellent technical perfor- of the 2x150 MW Sumsel Coal-Fired Power mance in turbine vibration and production Plant (SUMSEL-5) successfully completed indicators. All major systems and key pa- Recently, China IPPR International Engi- safe operation for 168 hours. At the same rameters were within the designed scope, to neering Company Limited (IPPR) success- time, 100% load FCB operation for the unit the unanimously praise of the proprietor and fully won the bid for implementing the aid was also successfully conducted at 13:08, supervisor. In addition, the 100% load FCB project of fruit and vegetable cannery (EPC) January 18, at the first attempt. So far, all operation, a relatively difficult operation, in Cuba. The company was authorized to tests for No. 1 generator unit of Sumsel was completed at one attempt. implement the project by the Executive Bu- (SUMSEL-5) were all completed except for reau of International Economic Cooperation the performance test. of Ministry of Commerce and is currently Currently, No. 2 generator unit has been in- as to ensure handover of a high-quality and tegrated to the grid and engaged in trial op- high-level power plant, and contribute to negotiating with Cuba on specific issues re- During the safe operation period of 168 eration at 85% of the load. The project team progressive development by CNEEC at the lated to contract implementation. hours, the Unit showed stability in boiler will go all out to do the follow-up work, so power market of Indonesia. Located in Ciego de Ávila Province, the project involves transformation of the tomato plant of the original vegetable cannery, na and Cuba in the project, IPPR will be The project is the first aid project of China construction of a tomato processing line responsible for design, supply, installation to Cuba to be implemented in the pattern of with a processing capacity of 300 tons / day and commissioning of the tomato processing EPC. The completion of this project is of (mainly for tomatoes, but capable of mango line, the stand-up pouch packaging produc- great significance to improve the existing and guava as required by the season) and a tion line and related equipment, and for pro- production conditions of the fruit and veg- production line for stand-up pouch packag- posing basic conditions and other technical etable cannery in Cuba, increase its capac- ing with a production capacity of 25 / min. requirements for installation of production ity, strengthen exchanges and cooperation On December 29, 2015, Power Transmission System Improvement Project LOT-3A & LOT- lines and related equipment, as well as ap- between China and Cuba and consolidate 3B in Kenyan was awarded completion certificate by SMEC, the project supervisor, which propriate technical parameters. friendly bilateral relations. confirmed December 31, 2015 as the date for the completion and handover of the project. According division of work between Chi- 24 Power Transmission System Improvement Project LOT-3A & LOT-3B Undertaken by CAMCE in Kenya Awarded Completion Certificate 25 SPECIAL PLAN FOCUS POINTS PROJECT PROGRESS TRADE AND SERVICES TRADE AND SERVICES First Set of Marine Cryogenic Pressure Container for Export Smoothly Shipped SINOMACH Heavy Industry Receives Two Orders in the New Year R ecently, the two marine containers developed for the oil project in Brazil by CNEG, the A first set of marine containers for export, were shipped smoothly. fter more than three months spent fol- million euros. Execution of the contract will corporation from Singapore placed an order lowing up, quoting and submitting ser- benefit the entry into the mainstream mar- with SINOMACH Heavy Industry, for seven vice programs, SINOMACH Heavy Industry ket in Africa of brands under SINOMACH auto cranes, with the total contract amount Petrobras the proprietor set extremely strict requirements for quality assurance, and very obtained the equipment turnkey contract Heavy Industry and help its accumulation of reaching nearly RMB ten million. This proj- detailed quality control points. The project was executed in strict accordance with ASME from a large construction company of Niger experience in general equipment contracting. ect has laid a good foundation for the auto Standards and marine engineering specifications, and subjected to tripartite supervisory in- at the beginning of this year. The contract Construction of the service station and pro- cranes of the company to enter the markets spection in the manufacturing process by Bureau Veritas (BV), Dalian COSCO (COSCO), includes supply of construction machinery vision of the service program will enhance of Singapore, Malaysia and other countries. Petrobras (TUPI BV). and heavy vehicles, and construction of a the competitive edges of SINOMACH in the service center and an after-sales program. It face of grim export situation. Those were the first set of marine cryogenic pressure containers ever exported by CNEG. has signed the supply contract for the first SINOMACH Heavy Industry Ushers in New Year Busy Shipping Equipment R phase of the project, involving a total of 100 At the same time, after several visits to the sets of equipment, at the worth of over 6 production base and tests of our products, a SINOMACH Heavy Industry Signs Agency Agreement with BELAZ ecently, China SINOMACH Heavy Industry Corporation (SINOMACH O Heavy Industry) underwent a period of intensive equipment shipping, ushering in an auspicious start for a new year. The first n the morning of December 11, market for mining transport vehicles. Its 2015, SINOMACH Heavy Industry 450-ton dump truck currently has the world’s signed an agency agreement with BELAZ, batch of equipment including 7 devices pro- a Belarusian corporation. According to cured by a central enterprise for a motorway the contract, it will launch promotion and in Sri Lanka was shipped to Sri Lanka. The marketing of Belaz series with the brand of partnership reflects the advantages of the “SINOMACH-BELAZ” in the future. This Group joining hands with central enterprises. will further improve the industrial distri- It will be beneficial for SINOMACH to pur- bution of heavy mining equipment for the sue in-depth development in Sri Lanka. At company. largest tonnage among dump trucks. the same time, the first three LRS226H fully-hydraulic pneumatic tyre rollers exported er demand for construction machinery, second half of the previous year to stock the Belaz is one of the world’s largest profes- by the Luoyang Branch to Africa were suc- SINOMACH Heavy Industry continuously hot-selling products, laying the foundation sional manufacturers of mining automobiles, cessfully shipped to Tianjin Port. improved its product quality and grades; for meeting the sales objective of the entire taking up about one third of the global meanwhile, it made preparations in advance, year. Against the backdrop of continually slack- 26 requiring all bases to start planning in the 27 SPECIAL PLAN FOCUS POINTS PROJECT PROGRESS TRADE AND SERVICES TRADE AND SERVICES China's Largest Pressure Regulating Valve Produced by TRIED Tested in Lamphun, Laos O n January 19, the test was completed at power Station” with CNEEC. Lamphun Lamphun Hydropower Station in Laos Hydropower Station is located on the lower for China’s largest pressure regulating valve, reaches of the Lamphun River in Oudomxay produced by Tianjin Research Institute of Province in Lao People’s Democratic Re- with speed regulator and pressure regulat- Electric Science Co., Ltd. (TRIED). The public. Its installed capacity of 36 MW will ing valve in place of surge shaft, to ensure pressure regulating valve is expected to be be furnished by three generator units. Its firm regulation quality during rejection load op- integrated to the grid for power generation power is 5.11 MW, annual power output on eration. Aside from reducing the cost of the soon. average 141.7 million kWh, and utilization proprietor by 50%, the practice also shortens hours of installed capacity 3,937 hours. production cycle and guarantees security and reliability. It is capable of meeting the urgent In 2014, TRIED signed a contract for “Speed regulator, pressure regulating valve and the For daily regulation of the generator units, needs of hydropower stations with constant- ancillary equipment for Lamphun Hydro- the project adopts linkage control system ly pressurized diversion pipes. Donation of Agricultural Production Materials for Cuimba Agro-industrial Farm Project in Angola Undertaken by CAMCE Held Successfully O n December 16, 2015, Donation Ceremony of Agricultural Production Materials for Cuimba Agro-industrial Farm CMEC Serbia Branch Opens O n February 8, an opening celebration was held for CMEC Serbia Branch. Establishment of the branch Project in Angola Undertaken by CAMCE will not only benefit implementation of was held successfully. On behalf of the the construction of Phase II project for company, the project team donated 500 ki- KOSTOLAC-B Power Station under- lograms of maize seeds, 10 tons of fertilizer taken by CMEC and help CMEC meet and some farm machinery to the government the requirements of local regulations, of Cuimba, to support local agricultural development. Present at the donation ceremony there but also boost the local economy and were officials at all levels from Cuimba City and Zaire Province. employment, promote localized management and development for CMEC At the ceremony, the mayor of Cuimba thanked the company on behalf of the government, and lay the foundation for its long-term and expressed the hope that the company could turn the project into a success and bring development in the Serbian market in enormous changes to the City of Cuimba. the future. 28 29