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By the end of last year, CEC had 22 second-level subsidiaries, 14 listed holding companies and over 150,000 employees, ranking among Fortune 500 Global Companies for several years.
By doing so, the company provided opportunities to hand the torch to the younger generation in unleashing their potential to see if they could make a difference to the world through their knowledge and understanding, said Xu.
CAAM estimated earlier this year that their sales could hit 800,000 units in 2017. Xu Haidong, another assistant to the organization's secretary-general, said the organization is confident in the market and will not alter the estimate. China sold 507,000 new energy vehicles last year, ranking first worldwide.
By the end of August, about 62 percent of the funds raised by newly-issued local government bonds were used to stabilize investment or injected into projects to make up for deficiencies in economic structural reforms, said Xu.
By participating in the poverty alleviation work, he said COFCO had shouldered its corporate social responsibilities, as the goal of an SOE is to benefit the public. "We seek no profits here, and we focus more on capacity building and technology transfer rather than charities," he said.
来源：资阳报