Strategy Institute of CSCEC established in Beijing

Pubtime:02.06.2020
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On May 29, China State Construction Engineering Corporation (CSCEC) held the inaugural meeting and unveiling ceremony of the Strategy Institute of CSCEC at the company’s headquarters in Beijing. CSCEC Chairman Zhou Naixiang attended the meeting and jointly inaugurated the Strategy Institute of CSCEC along with CSCEC President Zheng Xuexuan. CSCEC Vice President Ma Zeping presided over the unveiling ceremony.

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At the meeting, Zhou issued letters of appointment to a group of distinguished fellows of the newly established institute. Distinguished fellows Mao Zhibing, Li Jian, Qin Yuxiu, and Ye Haowen expressed their determination to focus on CSCEC’s mission of establishing a global top-tier enterprise with solid business performance, international competitiveness, industry influence, brand power, and soft power, as well as to make due contributions to the strategic decision-making and the sustainable development of the company by presenting high quality research findings.

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On behalf of the board of directors, Zhou congratulated the establishment of the Strategy Institute of CSCEC, expressed gratitude to the distinguished fellows for their important contributions to the development of the company, and spoke highly of the efficient and pragmatic preparatory works of the institute. Zhou pointed out that, at this pivotal moment of CSCEC’s Reform and Development, the Strategy Institute of CSCEC will play a vital role not only in the company’s current process of transformation and upgrading, but also in its long-term development in the future.

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For the new institute to play a larger role, Zhou put forward three requirements on its work:

First, the institute should function as an internal consulting agency that is capable of giving strategic insights into the company matters, and is available for any advisory role that the company might desire on any specialized domain, including international and domestic macroeconomic conditions, industrial development trends, regional economic layout, and the company’s transformation and upgrading strategies and approaches.

Second, the institute should adhere to the problem-oriented approach and serve as a think tank devoted to CSCEC’s mission of establishing a global top-tier enterprise with solid business performance, international competitiveness, industry influence, brand power, and soft power. The institute must adhere to the unity of knowledge and practice, take solving major practical problems as the basic principle to follow, and constantly search for new ideas, new perspectives, and new plans. Researchers of the institute should stay updated with the latest academic achievements and advance their research work with high quality.

Third, the institute should adhere to the talent development strategy and strive to build a team of high-quality research talents. An advisory committee should be organized to set up a database of both internal and external expert resource. A major objective of the institute is to optimize the utilization of research resources, and to establish mechanisms and platforms for internal and external resource sharing and research cooperation, thereby improving the company’s research capability and incorporating the research findings into enterprise development practices.

CSCEC President Zheng Xuexuan said at the ceremony that the establishment of the Strategy Institute of CSCEC was a monumental moment in the history of the company. The institute should focus its work on the practical needs of the company, conduct in-depth market investigation, and improve the reputation and influence of its research findings. Zheng also said the institute should develop a standardized working mechanism to convert the talent pool into actual productivity.

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