OREANDA-NEWS. May 23, 2011. Shanghai Electric Group Company Limited (“Shanghai Electric”) and China Power Engineering Consulting Group Corporation (“China Power EC”) signed a strategic cooperation framework agreement in Shanghai. Both parties will corporate on both domestic and international power projects, including the research and development of new technology, technical advisory, market information exchange, survey and design service, equipment technology and technical training. Huang Dinan, the President of Shanghai Electric and Wang Jianping, General Manager and Communist Party Secretary of China Power EC, attended the signing ceremony and delivered speeches, reported the press-centre of Shanghai Electric.
 
Huang Dinan said that Shanghai Electric and China Power had cooperated extensively in the field and achieved satisfactory results over the years. Through their partnership, both parties had established closer strategic ties and supported and trusted one another, collaborated in the field of market development, engineering construction, new technology research and development, etc. They had joined hands to contribute to the development of China's power equipment manufacturing industry.
 
In their speeches, Wang Jianping praised the partnership with Shanghai Electric over the years. He stated that the power industry in China had entered a new stage of development and that it had adapted rapidly to the changing environment of the global market. Enhancing the structure of energy products, developing a low-carbon economy, speeding up the development of the international market had all become common objectives. This strategic cooperation framework agreement marks the shift in bilateral cooperation to a new level.