Zhang Yuzhuo, Chairman of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), met with Esther Dweck, Brazil’s Minister of Ministry of Management and Innovation in Public Services in Beijing on April 23. The two sides exchanged views on further deepening exchanges and cooperation in the field of state-owned assets and enterprises, and advancing the reform and innovation of state-owned enterprises (SOEs). Brazilian Ambassador to China Marcos Galvão attended the meeting.
Zhang welcomed Dweck and her delegation. He said the heads of state of both countries have held multiple meetings and phone conversations, reaching a series of important consensus that provide strategic guidance for deepening exchanges and cooperation in the field of state-owned assets and enterprises between the two countries.
In recent years, SASAC and Chinese central SOEs have continuously deepened cooperation with the Brazilian side under the Belt and Road Initiative and notable results have been achieved in such fields as oil and gas exploration, ultra-high voltage power transmission, new energy, etc., he said.
Zhang expressed the hope that both sides would actively implement the important consensus reached by the two heads of state, continue to strengthen interdepartmental exchanges and dialogue, and promote broader and higher-quality cooperation between Chinese and Brazilian SOEs in such areas as mineral resources, the digital economy, biotechnology and artificial intelligence. He said such efforts would help foster new growth drivers and make positive contributions to building a closer China-Brazil community with a shared future.
Dweck spoke highly of the major achievements China has made in the reform and development related to state-owned assets and enterprises. She said SOEs play an important role in the modernization process of both countries, and expressed the hope of learning from China’s experience in SOE reform and governance, particularly in strategic planning, technological innovation, performance evaluation and incentives, and low-carbon transformation.
Dweck noted that such experience would help improve the management capacity and competitiveness of Brazilian SOEs and enable them to better support the country’s economic and social development. She also expressed the hope that enterprises of the two countries would expand mutually beneficial cooperation and continuously translate the important consensus reached by the two heads of state into concrete development outcomes.
Officials from relevant departments and bureaus of SASAC shared practices and experience on related topics during the meeting.
(Executive editor: Hao Wen)
