OREANDA-NEWS. November 28, 2011. Chairman Xu Lejiang of Baosteel Group Corporation met German Telecommunication CEO Richard Clemens at Baosteel Tower. Both parties conducted the deep exchange on the matters about strengthening cooperation and communications etc. The Group Corporation Secretary of Board of Directors and Assistant General Manager Wang Li etc. attended the meeting, reported the press-centre of Baosteel.

German Telecommunication is the largest telecommunication operator in Europe and the third largest in the world. It is the leading global telecommunication and information technology consulting company. It ranks the fifty-ninth in the Top 500 global corporations in Fortune 2010. The company is devoted to carrying out "4- pillar" development strategy and has obtained the apparent effect.

At the meeting, Richard Clemens briefly introduced the applying situations of the cloud calculation technology of German telecommunication in the enterprise. Xu Lejiang said that Baosteel had been devoted to leading the information development of the Chinese Iron & Steel industry, having a good business foundation and talent reserve. He hoped that the business teams of both sides would strengthen exchanges further, and provide the advisory service and technical support for the steel information development of Baosteel by sharing the best practice. At the same time, both sides should look for the cooperation modes actively, seek to establish the long-term strategic partnership of cooperation, and work together to deal with the challenges of the market.