Vice Chairman Wang Ruixiang Met with a Business Delegation of Planning & Economy Department, Abu Dhabi, UAE.

On Apr.5th, SASAC Vice Chairman Wang Ruixiang met with a business delegation headed by Mr. Nasser Ahmed Al Suwaidi, Chairman of Planning & Economy Department, Abu Dhabi, UAE. Mr. Wang introduced the main functions of SASAC and the operation of central SOEs in recent years. He said that SASAC would support essential cooperation between central SOEs and Abu Dhabi corporations on a deeper and wider scale. Mr. Nasser Ahmed Al Suwaidi introduced the functions of Abu Dhabi Planning & Economy Department, and pointed out that this visit aimed at discussing on the cooperation with Chinese corporations in energy, chemical, power and engineering industry. He also said that he would actively support the cooperation between central SOEs and Abu Dhabi corporations in the upstream, middlestream and downstream of oil &natural gas industry, especially in the field of increasing the EOR of developed oilfields.