On August 19, the China Petroleum and Chemical Industry Federation (hereinafter referred to as CPCIF) held a symposium for private enterprises in the petroleum and chemical industries in Beijing. The meeting aimed to thoroughly study and implement the important speech delivered by General Secretary Xi Jinping at the symposium for private enterprises on February 17, to carry out the Party Central Committee and the State Council’s decisions and arrangements for promoting the development and growth of the private economy, to deepen the rectification efforts from inspections and effectively utilize their outcomes, to advance the regular and long-term implementation of education and study on the spirit of the Central Committee’s Eight-Point Regulations, to further transform mindsets and working styles, to bolster confidence and build consensus, and to jointly discuss strategies for high-quality development of the private economy in the industry. Li Yunpeng, Secretary of the CPCIF Party Committee and Chairman of the Association, presided over the meeting.

The photo shows the scene of the symposium.

　　Representatives from 17 private enterprises, including Shandong Dongming Petrochemical Group Co., Ltd., Shandong Jingbo Petrochemical Co., Ltd., and Inner Mongolia Ordos Power & Metallurgy Group Co., Ltd., attended the symposium. They engaged in an in-depth exchange on the current pain points, bottlenecks, and difficulties facing the development of private enterprises in the industry, and put forward relevant suggestions and opinions. Among these topics, technological innovation, “involution-style competition,” mismatch between production capacity and demand, and “going global” emerged as key focal points. They look forward to Sinopec playing a bridging and linking role to help the industry overcome its challenges and find solutions.

　　“Private enterprises in the petroleum and chemical industries have made outstanding contributions to China’s economic and social development. In the new era, they should bravely embrace their new mission and achieve even greater accomplishments in advancing the cause of Chinese-style modernization,” said Li Yunpeng in his concluding remarks. He expressed the hope that private enterprises in the industry would keep in mind the nation’s overarching interests, serving as pillars supporting major national strategies; courageously strive for new heights of development, taking the lead in industrial transformation and upgrading; promote scientific and technological innovation, driving the development of new-quality productive forces; cultivate a deep sense of patriotism and responsibility, assuming their role as stewards of social responsibility; and strengthen international cooperation, pioneering efforts in people-to-people diplomacy.

　　Li Yunpeng stated that Sinopec United should serve as a bridge and link between the government and private enterprises, facilitating communication between government and business, providing targeted empowerment, and pragmatically building a home for private enterprises in the oil and chemical industries. To this end, Sinopec United will enhance its service levels in seven key areas: First, strengthen policy support services and ensure the “last mile” of policy implementation is smoothly connected; second, deepen strategic decision-making services to help enterprises grasp their development direction; third, optimize information services and build a comprehensive, end-to-end information-sharing platform; fourth, promote innovation-driven technological advancement and the commercialization of scientific and technological achievements, while intensifying efforts to protect intellectual property rights; fifth, improve industrial chain services, enhance the resilience of industrial and supply chains, actively participate in global industry governance, and firmly safeguard the interests of Chinese enterprises; sixth, standardize and refine benchmarking services to guide enterprises toward high-quality development; and seventh, strengthen talent services to overcome bottlenecks caused by talent shortages in enterprises.

　　Han Jingyou, a second-level inspector at the Raw Materials Industry Department of the Ministry of Industry and Information Technology; Chen Hui, head of the Statistics Division of the Private Economy Development Bureau of the National Development and Reform Commission; Liu Huihui, head of the Chemical and Pharmaceutical Work Department and first-level researcher at the All-China Federation of Trade Unions for Energy, Chemical, and Geological Industries; and Xu Bofei, a third-level researcher, attended the meeting. Members of the leadership team of Sinopec United, as well as heads of various departments, relevant branches, and affiliated units, also participated in the meeting.