The company's business area covers 26 provinces (autonomous regions and municipalities directly under the Central Government), covering more than 88% of the country's land area, and the power supply service population exceeds 1 1 billion. The company has a registered capital of 829.5 billion yuan and total assets of 3,808.83 billion yuan. The company operates assets steadily in the Philippines, Brazil, Portugal, Australia, Italy, Greece, China (Hongkong) and other countries and regions.
the Belt and Road
Building the "Belt and Road" is an important measure for China to adapt to and lead globalization and build a new pattern of all-round opening up. In recent years, State Grid Corporation of China has followed the principle of equality, mutual benefit, * * * * business, * * construction and * * enjoyment, based on its main business, given full play to its advantages, actively served and participated in the construction of the Belt and Road Initiative, successfully invested in and operated the backbone energy networks in seven countries and regions, including Brazil, the Philippines, Portugal, Australia, Italy, China (Hongkong) and Greece, and set up 6,540 global energy networks.
In the process of promoting the "Belt and Road" construction and international development, State Grid Corporation of China adheres to the long-term strategy and implements localized operation; Adhere to standardized operation to achieve long-term stability; Adhere to * * * to enjoy development and promote win-win cooperation.
The projects invested and undertaken by State Grid Corporation are related to the local economic and social development, and are important infrastructures in various countries and regions. All projects have been fully affirmed and highly praised by the local society and regulatory agencies for their stable operation and standardized management, and have established a good international reputation.
Many projects of State Grid Corporation of China have become "golden business cards" internationally, creating economic, social and environmental values for the local area and establishing a responsible international corporate image.
On March 30th, local time, China State Grid Corporation completed the Saudi smart meter project and deployed and installed 5 million smart meters. This is another important achievement made by the State Grid in promoting the "Belt and Road" construction and building a new development pattern of domestic and international double circulation and mutual promotion, which is of great significance to promoting China-Saudi Arabia power cooperation and deepening China-Saudi Arabia comprehensive strategic partnership.