Han Zheng, Member of Political Bureau of the CPC Central Committee and Secretary of Shanghai Municipal Committee led CPC delegation to visit STEC regional market in India

2016-05-06

On May 6, Han Zheng, member of Political Bureau of the CPC Central Committee and Secretary of Shanghai Municipal Committee led CPC delegation to conduct market survey in STEC regional market in India. Accompanied by Zhang Yan, Party Secretary and Chairman of STEC, they inspected the site of Project CC27, Phase III of International Delhi Metro, expressed their sincere appreciation to STEC employees working in India, and made demands on STEC about overseas market expansion.

During the survey, Han Zheng affirmed the achievements of STEC in India and noted that as the enterprise which has successfully “go-out” in Shanghai, STEC has made obvious achievements in India and other regions overseas, therefore, he hoped that STEC can continue to accumulate experience in international markets to share with other companies in Shanghai and grow with them. Besides, Han Zheng required that STEC should not only open up overseas markets, but also cooperate with local businesses to bring benefit to local communities and people, and that STEC should follow the local law, take up social responsibility of an enterprise and popularize the brand, thus showing the obligation of enterprises in Shanghai.

Han Zheng stressed that the Shanghai Municipal Government will fully support STEC to "go out", and that STEC was hoped to make greater contribution to the “One Belt and One Road” strategy through "going out". After the visit, pictures were taken for Han Zheng, his group and STEC employees in China and India. Earlier, Xu Zezhou, member of the Standing Committee of Shanghai Municipal Committee and Minister of Organization, Huang Rong, Deputy Secretary of Municipal Government and other people, who were accompanied by Yang Lei, STEC Vice President, also conducted survey in Indian area of STEC.

Currently, STEC, which entered the Indian market as early as 10 years ago, has gained a foothold in local markets by virtue of its internationally advanced expertise, management skills and time-tested engineering quality. Besides, STEC has won the first overseas water service project to enter Indian watercourse for comprehensive improvement of new Blue Sea, based on undertaking subway tunnel and equipment manufacturing projects in main cities such as New Delhi, Mumbai and Chennai. As a result, the overseas business and enterprise fame continue to raise, making an important step for popularizing the brand in Shanghai and China.