2020
CHEC Climbs the Ladder of the Lists of Double Top 100 Enterprises in Foreign Contracting Projects
source: Author: Date: 2020-03-16 Font size: [large medium small]

On March 5, the Department of Outward Investment and Economic Cooperation of Ministry of Commerce released on its official website two heavyweight lists: the List of Top 100 Enterprises in the Accomplished Business Revenue from China's Foreign Contracting Projects in 2019 and the List of Top 100 Enterprises in the Value of Newly Signed Contracts for China's Foreign Contracting Projects in 2019. With an excellent overseas market performance, CHEC ranked third in both accomplished business volume and value of newly signed contracts. While it maintains the third places in accomplished business volume, its ranking in value for newly signed contracts rose by three places, evidence of the company’s good development trend.

In 2019, CHEC was faced with Sino-US trade friction, political reforms of several countries, and a competitive market among others. However, CHEC overcame these ordeals, carried out reforms with keen determination and moved forward. It has produced fruitful results in major project-based activities, expanded new markets and new industries, constantly promoted industrial investments and activities and made new breakthroughs in operational efficiency, evidences of a steady development trend. The year 2020 marks the end of CHEC's “13th Five-year Plan” period and the 40th anniversary of the company. At this important point of history, CHEC will unite together to carry out reforms and move forward, work hard to promote the industry leadership 2.0 with better management, higher quality and better efficiency and constantly move towards the goal of becoming a world-class enterprise platform company with global competitiveness.

Reports confirm that the List of Top 100 Enterprises in the Value of Newly Signed Contracts and the List of Top 100 Enterprises in the Accomplished Business Revenue released by the Ministry of Commerce every year are regarded as a "benchmark" reflecting the development trend of Chinese enterprises that are "going global". For this reason, they enjoy a wide popularity and influence in the industry.

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