On November 5, the opening ceremony of the 7th China International Import Expo and Hongqiao International Economic Forum was held at the National Convention and Exhibition Center (Shanghai). As a major economic diplomatic event held after the Third Plenary Session of the 20th CPC Central Committee, the 7th CIIE demonstrates the world that China's confidence, determination and practical actions to further deepen reform, promote high-quality development, and promote high-level opening up, demonstrates China's super-large-scale market advantages, turns more exhibits into commodities and exhibitors into investors, and provides new opportunities for the world with China's new development, enhances consensus on open cooperation, and promotes the construction of an open world economy.

On the morning of November 6, the State-owned Assets Supervision and Administration Commission of the State Council and the Ministry of Commerce jointly held the 7th Hongqiao International Economic Forum "Deepening Industrial Chain and Supply Chain Cooperation and Promoting High-Quality Development of Enterprises". Gou Ping, Deputy Director of the State-owned Assets Supervision and Administration Commission of the State Council, Tang Wenhong, Assistant Minister of the Ministry of Commerce, and Nesvetaylova, Director of the Macroeconomic and Development Policy Department of the United Nations Conference on Trade and Development, attended and delivered speeches. Ma Shizhi, member of the Standing Committee of the China Coal Party Committee, Deputy General Manager and Chief Engineer of China Coal, and Chai Qiaolin, member of the Party Committee and Chief Financial Officer of the Joint Stock Company, attended the forum on behalf of the Group Company to gain an in-depth understanding of the new situation and trends of the continuous evolution of the new round of scientific and technological revolution and industrial transformation.

On November 7, the China Coal Trading Group signed contracts with 15 companies from 8 countries, including Sweden, Germany, France, the United Kingdom, the United States, the Netherlands, Japan and Switzerland. The procurement categories cover steel, catalysts, coal mining equipment, coal chemical equipment and process packages, related accessories and management consulting services, etc. The total procurement amount reached US$189.53 million, an increase of nearly 20% from the previous session, and the procurement categories and contract amount reached a record high.

"Promote" and be proactive, and "grow" to learn from others' strengths. Based in the new development stage, China Coal China adheres to the concept of win-win cooperation, closely follows the two major goals of "guaranteeing energy security" and "green and low-carbon transformation", completes the procurement contract signing work with high quality and efficiency, expresses the sincerity of global trade cooperation with practical actions, actively integrates into the global industrial chain and supply chain with high-value procurement and high-level opening up, and demonstrates the responsibility of energy central enterprises.

China Coal insists on implementing the innovation-driven development strategy and vigorously promotes the transformation and upgrading of digital management. At this CIIE, in addition to covering production and operational goods, China Coal Trading Group's procurement categories have reached procurement cooperation intentions with two world-class management consulting service companies, Deloitte and Ernst & Young for the first time, and further carried out in-depth cooperation in intelligent control management optimization and supply chain modernization construction, demonstrating the momentum of quality improvement to new development.

"The signing of this cooperation agreement not only marks a new stage of transformation in the fields of smart supply chain and smart innovation, but also a new starting point for us to jointly promote China Coal to achieve leapfrog development in reform and development, digital transformation, green development, talent training and introduction, compliant operation, and international cooperation." A relevant person in charge of Deloitte said.

"On the stage of the CIIE, which gathers global attention, we have jointly witnessed the historic moment when China Coal and Ernst & Young signed a service cooperation framework agreement. The two parties will enhance the competitiveness of enterprises in the global energy market through the deep integration of intelligent control-production and sales collaboration, large-scale project projects, etc.." A relevant person in charge of Ernst & Young said.

From 2018 to 2024, China Coal’s “shopping cart” at the CIIE continued to expand, and its “circle of friends” continued to expand. China Coal will continue to use the power of openness and cooperation, gather innovation momentum, and strengthen development momentum, and continue to use innovation to lead and green development to ensure energy security and supply chain stability.