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"Industry is the carrier of productivity, and the results of scientific and technological innovation can become productivity only when they are industrialized." On August 15, Chi Hong, Secretary of the Party Committee and Chairman of Yangtze River Delta Investment (Shanghai) Co., Ltd. (referred to as "Yangtze River Delta Investment Company"), told The Paper.

On August 15, the "Modern New State-owned Enterprise Seminar" (the seventh session) was held on the banks of the Huangpu River in Shanghai, under the guidance of the News Center of the State-owned Assets Supervision and Administration Commission of the State Council, hosted by the State-owned Assets Report Magazine and The Paper, and co-organized by the Shanghai State-owned Assets Supervision and Administration Commission. The seminar attracted more than 100 representatives from the state-owned assets system, central enterprise system, local state-owned enterprise system, universities, media and other fields to attend the meeting. Focusing on the theme of "deepening reform to promote new quality and jointly building regional growth poles", they discussed how state-owned assets and state-owned enterprises can be further optimized, strengthened and expanded, and how to promote the development of new quality productivity.

Chi Hong was one of the speakers at this seminar. During the break of the seminar, he accepted an interview with The Paper and put forward many views on new quality productivity and deepening the reform of state-owned enterprises.

Chi Hong, Party Secretary and Chairman of Yangtze River Delta Investment (Shanghai) Co., Ltd., is being interviewed by The Paper

According to the official website, Yangtze River Delta Investment Company is a state-owned enterprise funded and supervised by the Shanghai State-owned Assets Supervision and Administration Commission. In May 2020, the Shanghai Municipal Party Committee and Municipal Government decided to establish Yangtze River Delta Investment Company on the basis of integrating the stock resources of Yangtze River United Group. Yangtze River Delta Investment Company is a functional guarantee enterprise under Shanghai. Its main responsibility and business is to serve the high-quality integrated development of the Yangtze River Delta. It is an important tool for Shanghai state-owned assets to play the role of the main force in serving the national strategy, and it is also an important platform for exploring new models of regional consultation, investment and sharing.