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Rapid Communication and Implementation by CHINALCO of the Tasks Set by the Central Government

On the afternoon of June 16th, CHINALCO held a conference of the management to communicate the tasks and requirements of the central government. Xiao Yaqing, the company’s Party Secretary and President, hosted the conference and raised specific requirements on implementing the tasks of the conference of the central government. Luo Jianchuan, Party Committee Member of CHINALCO and President of CHALCO, conveyed the speech by Hu Jintao, General Secretary of the CPC. Ao Hong, Party Committee Member and Vice President of CHINALCO, conveyed the speech by Premier Wen Jiabao.

In his speech, Xiao Yaqing, President of CHINALCO, indicates that CPC General Secretary Hu Jintao's speech gives a thorough analysis of the current situation, and sets the general requirements and main tasks of earthquake disaster relief and reconstruction, rapid and sound economic development, and organization for the Olympic Games. Premier Wen Jiaobao’s speech focuses on the disaster relief efforts and the current economic situation, and makes specific arrangement on providing support for reconstruction and maintaining a sound momentum in economic development. All the staff at the headquarters and the affiliated enterprises are required to learn about and effectively implement the tasks set by the central government, drawing on the practice of the reform and development of the company.

President Xiao Yaqing raises four requirements for carrying out tasks in the important speeches of General Secretary Hu Jintao and Premier Wen Jiabao. Firstly, all the staff should have a thorough study and understanding of the requirements and tasks set by the central government. As an enterprise under supervision of the central government, we should convey the requirements and tasks of the central conference to the headquarters and the leaderships and mangers at affiliated enterprises for an in-depth grasp of the connotations. Based on the work done so far this year, we should deepen our understanding and unite around the central government under its overall judgment of the situation and its requirements. While pursuing reform, development, and stability of the company, we should take the overall situation as a priority, brave in shouldering responsibilities, keep a clear mind of the new circumstances and meet new challenges.

Secondly, we should have a correct grasp of the development, reform, and stability of the company, leveraging favorable elements and strengthening confidence. Leaderships at all levels of the company should be more aware of potential challenges, strengthen their confidence and seek achievements. We should summarize and draw on experience and methods from practice, maintain an open and innovative mind, embrace courage and confidence to resolve difficulties, make correct analysis and judgment of the circumstances and carry out effective measures.

Thirdly, concrete efforts should be made to run operation and make development well. All departments should carry out the arrangements made by the company’s party committee and do a good job in operation and reform stability. We should carry out the tasks of business development and reforms of enterprises, and try our best to minimize negative impacts. A review of the work in the first six months in this year should be taken to meet the work objectives at the beginning of the year. Each objective should be gone through for analyzing the pros and cons, in order to find the right direction to move forward.

And finally, the headquarters should be well strengthened to improve adaptability and work standards as a whole. The headquarters should make more efforts to better predict uncertainties and take effective responsive plans and workable measures. All management and party members should be mobilized to make concrete efforts and contribute to the development of the company.

Attending the conference are party committee members, the leadership members, president assistants, expert consultants, and managers at the headquarters of CHINALCO/CHALCO and Beijing offices of affiliated enterprises.

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