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Central enterprises to raise great curtain of supporting Xinjiang

(Guangming Daily)

16:58, August 22, 2011

Edited and Translated by People's Daily Online

The year of 2011 is the first year of the 12th Five-Year Plan and also the first year for the full implementation of the new round of projects for supporting Xinjiang. In 2011, the central government of China held the Conference on Enterprises Participating in Assistance to Xinjiang and the Second Session on the National Work of Paired Support to Xinjiang, which declares that it is the perfect time to seize the opportunity, make greater progress and keep creating new situations for the work of supporting Xinjiang.

Xinjiang, occupying one-sixth of the whole area of the motherland, is not only a strategic region for the defense in the northwest of China but also an important base of strategic resources for China and an important window for China's opening-up.

On Aug. 20, the State-owned Assets Supervision and Administration Commission of the State Council, Government of the Xinjiang Uygur Autonomous Region and Xinjiang Production and Construction Corps will jointly hold the Promotion Conference on Central Enterprises Supporting Xinjiang Industrially. The great curtain of supporting Xinjiang industrially will be raised once again.

The promotion conference is aimed at fulfilling the gist of the Central Conference on Xinjiang Work, Session on the National Work of Paired Support to Xinjiang and Conference on Enterprises Participating in Assistance to Xinjiang, bringing the superiority of the socialist system into full play, motivating and guiding central enterprises to use their advantages and actively carry out the work of supporting Xinjiang, urging more central enterprises to participate in the great construction, opening-up and development of Xinjiang and comprehensively promoting the late-model industrialization, late-model urbanization and agricultural and livestock raising modernization of Xinjiang.

As an important strategic resource base in China, Xinjiang has long been an attractive investment destination for central government-owned enterprises. Since the introduction of the reform and opening-up policy and the Great Western China Development Strategy, Xinjiang has made full use of its rich natural resources to attract major enterprises and has created a favorable investment and business environment for central government-owned enterprises through offering resources, preferential policies, and necessary facilities. In this way, the major enterprises have become increasingly interested and are investing more and more in the region.

During the 11th Five-Year Plan period, 39 central government-owned enterprises invested a total of 409.4 billion yuan in Xinjiang's petrochemical, coal, electricity, metallurgical and building materials industries, of which 83.6 billion yuan was invested last year. Meanwhile, 25 central government-owned enterprises signed a series of contracts for infrastructure projects such as roads, railways, communications projects, water conservancy and hydropower projects, and oil and gas exploration and production projects in Xinjiang. These contracts involve a total investment of 112.7 billion yuan, of which 22.4 billion yuan was invested last year.

By the end of last year, 44 central government-owned enterprises had established branches in Xinjiang, and these branches had total assets worth 573.9 billion yuan and had reaped revenue of 444.4 billion yuan and profits of 55.2 billion yuan. After many years of investments and development, central government-owned enterprises have obtained an absolute advantage in Xinjiang's natural gas, petroleum, petrochemical, electricity and communications industries and a leading status in the region's metallurgical, building materials and coal industries, contributing more than 70 percent of Xinjiang's industrial value-added output growth.

Furthermore, these enterprises have fulfilled their social responsibilities and won praise from all walks of life in Xinjiang by actively participating in natural gas projects and other projects that can promote pasture-based animal husbandry and improve local residents' living standards.

Last year's central work conference on Xinjiang's development has again spurred central state-owned enterprises' enthusiasm and reinforced their confidence and determination in their development in Xinjiang. Central state-owned enterprises will invest more than 1 trillion yuan in Xinjiang during the 12th Five-Year Plan period.

The central government hosted a forum on the work of enterprises' assistance to Xinjiang and the second meeting on the pairing assistance projects in Xinjiang in 2011, putting forward the major measures and specific objectives for enterprises' assistance to Xinjiang. The enterprises' assistance to Xinjiang is the historical responsibility delegated by the central government to the central state-owned enterprises, an effective measure to advance Xinjiang's self-development capabilities and a major foundation to increase job opportunities and enable the people of all ethnic groups to live and work in peace.

It is also an inevitable choice of central state-owned enterprises for their long-term development and a great opportunity for them to hold to the socialist path with Chinese characteristics. They should start by focusing on serving the people in Xinjiang, prioritize the improvement in the public livelihood and take on the responsibility to enhance the production and living conditions of local people and raise the happiness index and attach particular importance to the employment of the local youth, particularly college and technical school graduates. Meanwhile, they should take an active part in major livelihood projects and promote the development of Xinjiang's social undertakings and help the people of all ethnic groups to lead happy lives.

To ensure the smooth progress of central state-owned enterprises' assistance to Xinjiang, the State-owned Assets Supervision and Administration Commission under the State Council has signed strategic cooperation agreements with the People's Government of the Xinjiang Uyghur Autonomous Region and the Xinjiang Production and Construction Corps to establish cooperation platforms and a long-term mechanism so as to ensure the effective implementation of central state-owned enterprises' investment projects in Xinjiang.

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