Aerial photo shows the construction site of Xunyang hydropower station in Xunyang County, northwest China's Shaanxi Province, Jan. 8, 2021. (Xinhua/Shao Rui)
BEIJING, April 23 (Xinhua) -- State Development & Investment Corp., Ltd. (SDIC), a state-owned investment holding company approved by the State Council, signed a strategic cooperation agreement on Thursday with the government of northwest China's Shaanxi Province.
The two sides will join hands in areas such as strategic emerging industries, environmental protection, rural revitalization, energy, new infrastructure, healthcare, smart city construction, reform of state-owned assets and enterprises, as well as financial services. They will also jointly promote the implementation of a number of major projects that aim to bring long-term benefits to people's livelihood so as to boost high-quality economic development of Shaanxi, according to the agreement.
Established on May 5, 1995, SDIC has played a unique role in investment guidance, restructuring and capital operation in China's national economic development. Its gross revenue and total profit in 2020 reached 153.7 billion yuan and 22.1 billion yuan respectively. (Edited by Su Dan with Xinhua Silk Road, sudan@xinhua.org)
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