On June 12^th, SDIC Chairman Wang Huisheng visited Chinese Academy of Inspection and Quarantine (CAIQ). He had a meeting with CAIQ Head Li Xinshi, after which they attended the signing ceremony of the agreement of strategic cooperation between the two sides. SDIC Vice President Yang Xiaohui and Deputy Head of CAIQ signed the agreement on behalf of the two sides.

Wang Huisheng said that CAIQ was the authoritative institute in the field of inspection and quarantine with state-of-the-art equipment, advanced technology, lots of talents and due influence in the technical field. He pointed out that the vision of SDIC is the guiding the development of newly emerging industries. Testing and quarantine as one of the high-end service industry was an important part of national quality –related infrastructure and a technical supporting pillar for our high-quality development. It was also the thermometer and barometer of the manufacturing industry. It had great significance to safeguarding national security, enhancing product quality and transformation of industries. Therefore, SDIC took testing and certification industry as one of the priority of SDIC’s development in emerging industries with strategic significance with a view to helping the healthy development of this industry through marketizationalized ways. The signing of agreement meant that the combination of the capital strengthen of SDIC and the technical strengthen of CAIQ was conducive to the policy orientation of the national testing and certification industry as well as building national brand for testing and certification.

Li Xinshi extended warm welcome to Wang Huisheng and his party. He pointed out that SDIC was a backbone of central SOEs and the only investment holding company among central SOEs. SDIC was one the first batch of reform pilot of state-owned investment holding companies, which played unique role of investment guidance, restructuring and capital operation.

The two sides made clear that in the spirit of complementarity, long-term cooperation, mutual benefit and win-win result, common development, the two would give full play to their respective advantages, take reform as the main theme, market development as the object, speed up the transformation of innovation and technical research results. The two would take this opportunity to establish exchange mechanism and held regular meetings. They would give full play to ways of M &A and equity investment to speed up the remerging of testing and certification institutes and enhance the equipment level of testing and certification industry.