State Grid: Determined to withdraw from traditional manufacturing and real estate businesses

(Reporter Zhang Yujie) On March 22, the website of the Central Commission for Discipline Inspection and the National Supervisory Commission announced the progress of the third round of inspections and rectifications on the State Grid Corporation of China. Among them, the State Grid Corporation of China stated that it will stick to its main responsibilities and businesses of the power grid and is determined to withdraw from traditional manufacturing and real estate businesses.

The State Grid Corporation of China stated in the notice that it has fully completed the task of reducing the general industrial and commercial electricity prices and focused on optimizing the business environment. It will fully cooperate with power trading institutions to standardize independent operations and pilot reforms of incremental distribution. With a higher political stance, it will stick to the main responsibilities and main business of the power grid, be determined to withdraw from traditional manufacturing and real estate businesses, and resolutely complete the task of deepening the reform of collective enterprises on schedule. For the "neck-stuck" risks of power grid technology pointed out by the inspection, special plans will be formulated, the construction of innovation consortiums will be strengthened, and efforts will be made to tackle key problems, accelerate the independence of core technologies, and seize the commanding heights of energy Internet technology. Increase the investment in power companies in national poverty-stricken counties to help win the battle against poverty.