On Feb. 22nd, SASAC Chairman Wang Yong held talks with Ms. Virginia Rometty, President and CEO of IBM.
Wang briefed on latest development and reform of SOEs as well as strategic outlook of their transformation and upgrading and layout adjustment during the 12th Five-year Plan period, pointing out that central SOEs should learn from IBM’s success in transforming business according to market signals and corporate growth patterns. He hoped that IBM could enhance its exchanges with central SOEs, build mutual trust and explore the most appropriate partnership model that serves the interests of both parties, so as to realize a win-win scenario.
Rometty said that IBM has accumulated rich experiences that Chinese SOEs could learn from in internationalization and intensive information management while operating in some 170 countries and regions. She proposed an exchange platform including seminars, workshops and training programs to be built to help central SOEs realize frog-leap development.