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Beijing's State-owned enterprises (SOEs) are investing in its neighbors to accelerate the integration of Beijing, Tianjin, and Hebei.
As the regions integrate their economies, the capital's SOEs will transfer industries, including steel, automobile, and manufacturing to its suburbs, neighboring Hebei province and Tianjin. Meanwhile, they will upgrade their industries in Beijing to focus on innovation and research and development.
Here are the actions some Beijing SOEs take in their Beijing-Tianjin-Hebei integration strategy
Beijing Er Shang Group, a large State-owned food group in Beijing, inked a cooperation framework agreement with the government of Fengning county, Hebei province, on July 28. Based on the agreement, the group will establish full cooperation with the county in organic cultivation of vegetables, meat and eggs.
A subsidiary of the Beijing Environment Sanitation Engineering Group Co reached a cooperative agreement with Hebei's Gu'an county on sanitation infrastructure on July 17, covering household garbage collection, transportation and disposal.
Sunlon Group, a leading State-owned enterprise focused on agriculture, signed an agreement with Chengde municipal government and Tianjin Port Group on July 15 for an ecological tourist project and agricultural trade. The group is expected to invest over 50 billion yuan ($8 billion) in Tianjin and Hebei in coming years.
Beijing Science and Technology Park Construction Co. invested in a low-carbon ecological city project in Tianjin on June 25 by introducing advanced technologies and concepts from Canada.
On July 5, a project of the Dynagreen Environmental Protection Group Co. in Tianjin's Jixian county began trial operations. The group's straw burning electricity project in Ninghe, Tianjin was approved on July 6.
Beijing Automobile Works Group (BAW)'s self-owned brand manufacturing base in Hebei's Huanghua will go into use on August 15, and the company will move to Huanghua entirely within three years. The company launched its transfer strategy very early and has been constructing the fourth Beijing Hyundai Motor Factory in Hebei's Cangzhou.
Beijing Textile Holding Co and Tianjin Textile Holding Co will cooperate to provide Internet data services for the Tianjin Binhai New Area, Tianjin e-government, and global business users.
Beijing Electronics Holding Co and Tianjin's Xiqing district are constructing a 35 hectare technological park with a total investment of 4.45 billion yuan. The park will gather high-end industries such as big data, electronics, information, outsourcing, industrial design, and Internet finance.
Shougang Group, a Beijing State-owned steel manufacturer, is one of the SOEs starting early integration with Tianjin and Hebei. The group's registered companies in Hebei reached 50 with assets amounting to 168.4 billion yuan.
BBMG Group Co, a manufacturer of construction materials and real estate developer, also expanded its business, especially in Tianjin and Hebei province. So far, it has invested more than 20 billion yuan in Hebei province,including over 10 billion in cement and concrete.
The Beijing Enterprises Water Group has 10 joint ventures or subsidiaries in the Hebei cities of Shijiazhuang, Langfang, Xingtai, Zhangjiakou and Hengshui, treating 351,000 tons of water per day with investment totaling over 600 million yuan.
As a major food provider for the capital, Beijing Er Shang Group has built 54 production bases in Hebei's Dachang county. The group's president Sun Jie said it will establish a beef and mutton company, a packing house, as well as an animal oil and fat production, deep processing and sales businesses.
Beijing Grain Group, a leader in grain and oil production and transportation, has 50 grain purchase bases in Hebei province. The group also built a large oil and fat processing park in Tianjin's Binhai New Area as well as port logistics bases. Wang Guofeng, chairman of the group, said the company will integrate the respective advantages of Beijing, Tianjin and Hebei to build bases for grain purchase, oil processing, wheat logistics and processing, and for commodity logistics.
The sanitation model of the Beijing Environment Sanitation Engineering Group. in Hebei's Gu'an county is drawing much attention. The group will increase cooperation with Zhangjiakou to prepare for the 2022 Winter Olympics.
Transportation between Beijing, Tianjin, and Hebei has top priority. The Beijing-Tianjin-Hebei Intercity Railway Investment Co was established at the beginning of the year to plan transportation in the three regions. Preliminary work for Beijing-Tangshan, Beijing-Binhai New Area, and Langfang-Zhuozhou intercity rails are under way. The three regions expect to construct a rail network of over 1,000 kilometers during the 13th Five-Year Plan.
As Beijing's SOEs transfer industries to Tianjin and Hebei province, they are required to upgrade their industries in the capital.
Shougang group will have one site in Beijing, and the other in Caofeidian, Hebei. The company's headquarters and research and development section will remain in Beijing, while the manufacturing section will ,move to Caofeidian to optimize and upgrade the industrial structure. It aims to develop its old park into a demonstration site for industrial transformation with a national low-carbon park, a cultural park, a financial park, and infrastructure.
Beijing Automobile Works Group also moves its production lines to Hebei province to focus on developing finished automobiles, power assembly, core part, and new energy automobiles. BAW Beijing headquarters will focus on innovation, sales, services, and high-end automobile manufacturing.
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A worker is conducting electric welding in Baichuan Industrial Park of Caofeidian, Hebei. [Photo by Jiangdong/asianewsphoto.com.cn] |
