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CASIC Signs Strategic Cooperation Agreement with AECC
SOURCE: CASIC UPDATED: 2021.20.01
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On January 14, CASIC signed strategic cooperation agreement with AECC.  The Parties will further deepen cooperation in the fields of aerospace power, science and technology innovation, information technology, equipment manufacturing, and international operation, to jointly promote the modernization of national defense and military and make greater contributions to safeguarding national security and interests.

Yuan Jie, Secretary of the Party Leadership Group and President of CASIC, Liu Shiquan, General Manager and Deputy Secretary of the Party Leadership Group, Chen Guoying,  Deputy Secretary of the Party Leadership Group, Gong Bo, Member of the Party Leadership Group and Deputy General Manager, and Cao Jianguo, Secretary of the Party Leadership Group and Chairman of the Board of AECC, Li Fangyong, General Manager and Deputy Secretary of the Party Leadership Group, Chen Shaoyang and Wang Zhilin, members of the Party Leadership Group and deputy general managers of AECC, as well as leaders of relevant departments at the headquarters of the two groups and heads of relevant second level units attended the signing ceremony.

Yuan Jie said that AECC has made remarkable achievements during the "13th Five-Year Plan" period, which is very encouraging and inspiring.  He pointed out that the two groups, as central military enterprises, have initiated high-level cooperation in the fields of aerospace power, equipment support, information technology application innovation, industrial Internet, etc., providing strong support for the modernization of national defense and military construction.  Signing of this agreement is an important step for both sides to implement Xi Jinping Thought on a Strong Military and the spirit of the Fifth Plenary Session of the 19th CPC Central Committee, support the construction of national security system and capability system, and promote scientific and technological self-reliance and self-improvement, which is a realistic need and effective way to jointly promote high-quality development, and is of great significance to the subsequent development of both sides.

Yuan Jie introduced the development of CASIC in defense equipment industry, aerospace industry, information technology industry, equipment manufacturing industry, modern service industry and other fields during the "13th Five-Year Plan", and hoped that, through this agreement, the two sides would expand the cooperation scope, strengthen the cooperation depth, create a new situation of win-win cooperation, and make new and greater contributions to safeguard national security and interests.

Cao Jianguo congratulated CASIC for its achievements in recent years in the fields of weapons and equipment construction, scientific and technological innovation, and integrated development, and introduced the development of AECC.  He pointed out that CASIC and AECC have a sound basis for cooperation and hoped that the two sides would deepen cooperation in the following five aspects: national science and technology major project demonstration, information technology application innovation, capital operation, management capacity improvement and business collaboration.  He said that through the signing of the strategic cooperation agreement, the two sides will further strengthen cooperation and exchange, explore more cooperation opportunities, create more cooperation platforms and produce more cooperation results, break new ground in cooperation featuring complementary advantages, equality and mutual benefit, resource sharing and common development, and help the high-quality development of China's aerospace industry.