“We are willing to do business and investment in countries that want us to do so. We need to know about the opportunities, challenges and available resources. We are capable of doing worldwide procurement of raw materials, especially steel products,” Mr. Hu said.
Dongfang Electric Corporation (DEC) has with its endeavour and hard work achieved the annual production of power generating equipment of more than 40, 000MW consisting of hydro, thermal, nuclear, wind, combine-cycle generating unit, and is presently enjoying one-third domestic market share in thermal power and two-fifths in hydro power.
DEC is taking the lead in China in terms of contracting international power stations and a wide variety of large engineering projects, and exports complete plants and equipment to almost 70 countries involving projects in such diverse fields as power generation, electric and chemical works, power distribution and transmission, railways, environmental protection, heavy duty mining and metallurgy equipment, traffic and transportation, communication etc.,
As China’s forerunner in exporting major technical equipment, especially large-scale power generating equipment, to outside world, Dongfang Electric Corporation (DEC) has been actively exploring international markets ever since 1980s and is constantly making and renovating the record for Chinese major technological equipment to ‘go global’.
Ms Haiying Yan, DEC’s Deputy Director General in the Publicity and Communications Department told African Journalists on Tuesday that the company over 100 projects in more than twenty countries along the Belt and Road Initiative, costing over $10 billion.
It has been diversifying its manufacturing industries to various fields such as desulphurization and diversifying heavy-duty machinery, seawater desalination, Hi-voltage large power frequency converter, solar grade silicon, industrial control devices, chemical and maritime equipment etc.
It represents the top class technological and manufacturing level of China’s heavy machinery and equipment industry, and is appointed by the Central Government as one of the most important stae-owned enterprise groups concerning the national economy.
With headquarters in Chendu City, Sichuan Province in the Peoples Republic of China, DEC is one of the most influential enterprise groups under the direct administration of the Chinese Central Government. It has become a competitive group that is specialized in manufacturing industry, Research and Development of cutting edge technology, contracting international engineering projects, exporting complete plants and equipment, and conducting international economic and technical cooperation.
In virtue of technological advancement as well as optimization and upgrading of product structure, DEC off shore business presently covers the exporting of large-scale complete sets of equipment in regards to power generation, transmission and distribution, rail transit, environmental protection, etc.
Adhering to the principles of fatalistic, innovative, harmonious and initiative, DEC will be constantly dedicated and devoted to be a reasonable company, responsible for products, services, customers and society. As a company from a historical ancient land, it embarked on striving towards the goal of becoming a domestically leading and internationally competitive group, and is ready to work and share experiences to achieve mutual development in the world.