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Our reporter Fang Chao and Shi Yingjing reported from Shanghai

"As a grassroots party member representative, I am very excited, encouraged and excited to be able to attend the Third Plenary Session of the 20th CPC Central Committee," said Yang Dongsheng, a delegate to the 20th CPC National Congress, Secretary of the Party Committee and Chairman of XCMG Group and XCMG Machinery.

From July 15 to 18, the Third Plenary Session of the 20th CPC Central Committee was held in Beijing. The Plenary Session reviewed and approved the "Decision of the CPC Central Committee on Further Comprehensively Deepening Reform and Promoting Chinese-style Modernization" (hereinafter referred to as the "Decision"). A reporter from China Business News recently learned from XCMG that Yang Dongsheng attended the meeting as an observer.

"Unwaveringly consolidate and develop the public economy," the decision also stressed, "deepen the reform of state-owned assets and state-owned enterprises, improve the management and supervision system and mechanism, enhance the strategic coordination of relevant management departments, promote the optimization of the layout and structural adjustment of the state-owned economy, promote the strengthening, optimization and expansion of state-owned capital and state-owned enterprises, enhance their core functions and enhance their core competitiveness."

"As a state-owned enterprise visited by General Secretary Xi Jinping and the vanguard of the province's manufacturing industry, XCMG Group will thoroughly study and implement the spirit of the plenary session, and study, understand and implement General Secretary Xi Jinping's important instructions on Jiangsu's work and XCMG's development in an integrated manner. We will persist in stimulating innovation vitality through deepening reform, plan and implement a new round of deepening and upgrading of state-owned enterprise reform, and focus on optimizing the industrial structure, improving the innovation mechanism, and comprehensively implementing lean management." Yang Dongsheng said.

Public information shows that XCMG's predecessor was Huaxing Iron and Steel Works, which was established in 1943. After decades of development, it has become a globally competitive engineering machinery giant. "It can be said that the key to XCMG's stable and rapid development is deepening reform and continuous innovation. Reform and innovation have been integrated into our blood and accumulated into the unique spiritual characteristics of this enterprise," XCMG emphasized.

XCMG Group further introduced: "Today, XCMG's main economic indicators have ranked first in China's industry for 35 consecutive years." XCMG's global engineering machinery industry ranking has risen from 29th in 1999 to the current world's first camp, reshaping the global engineering machinery market. "Over the past 30 years, XCMG has sold more than 1.5 million engineering machinery units, achieved operating income of more than 1.6 trillion yuan, earned more than 20 billion US dollars in exports, and more than 70 billion yuan in profits and taxes."

It is worth noting that XCMG Group, which has become a giant in engineering machinery, is currently promoting the transformation and upgrading of the industry to "high-end, intelligent, green, service-oriented, and internationalized", accelerating the construction of a world-class modern enterprise, and climbing to the top of the global high-end equipment manufacturing industry.

"We have clearly defined the 'two-step' strategic goal of reaching the summit of Mount Everest in the new era and new journey: by 2027, we will build a world-class advanced manufacturing cluster; by 2035, we will build world-class enterprises with excellent products, outstanding brands, leading innovation, and modern governance, and achieve the great feat of reaching the summit of the industrial Mount Everest," Yang Dongsheng said earlier.

The Decision emphasizes: "Strengthen the leading role of enterprises in scientific and technological innovation, establish a mechanism to cultivate and expand leading scientific and technological enterprises, strengthen the deep integration of industry, academia and research led by enterprises, establish an enterprise R&D reserve system, and support enterprises to take the initiative to lead or participate in national scientific and technological research tasks."

XCMG Group, which targets the "bottleneck" technologies in the construction machinery industry and fights to overcome key core technologies, is undoubtedly one of the typical enterprises that firmly promotes scientific and technological innovation.

The reporter learned from XCMG that at present, XCMG has created more than 100 domestically produced first-of-its-kind major equipment and more than 1,000 key core technologies, including "the world's first crane", "China's first excavator", and "the world's first drill". Among the main engineering machinery products, 3 types of main machines are the world's first, 5 types of main machines are among the top three in the world, and 16 types of main machines have the largest market share in China. The sales volume of new energy heavy trucks has remained the first.

"We will focus on building a modern industrial system, promoting high-level scientific and technological self-reliance, and implementing the 'No. 1 Project' of intelligent transformation, digital transformation and networking. We will continue to improve the modern state-owned enterprise governance system with Chinese characteristics, accelerate the development of new quality productivity, build world-class enterprises, and climb the global industrial Everest. We will demonstrate XCMG's responsibility, actions, and contributions to building a manufacturing power and promoting Chinese-style modernization!" Yang Dongsheng said.

(Editor: Shi Yingjing Reviewer: Tong Haihua Proofreader: Zhang Guogang)