One belt, one road" one belt, one road, is the major decision and plan made by the CPC Central Committee and the State Council. It is the key content of the "one belt and one way" construction to carry out international energy cooperation in depth, which is of great significance for consolidating energy security, promoting economic growth and building a community of human destiny. The national Power Grid Corp insists one belt, one road and one line construction, and fully implements the strategy of "going global", vigorously promotes international energy cooperation, and achieves a series of major breakthroughs, and has stepped out of an international development path with the characteristics of the power grid.

Notable achievements have been one in the construction of one belt, one road.
In recent years, one belt, one road, and international development strategy have been actively implemented by the national Power Grid Corp. New breakthroughs have been made in overseas investment and operation, power interconnection, international standards and cooperation and exchanges. By the end of 2018, overseas investment of US $21 billion, overseas assets of over 65 billion 500 million US dollars, and international business profits of over 10 billion yuan have been made, leading to the establishment of international standards. 61 items.
We will strengthen power interconnection and promote international energy cooperation. The State Grid Corporation of China has built 10 cross-border transmission lines including China Russia, China Mongolia and China Kyrgyzstan, with an accumulated trading power of more than 27 billion kwh. It is steadily promoting new interconnection projects such as China Nepal and China Korea cross-border interconnection, and actively participates in the Philippine Mindanao visaya interconnection project, Ethiopia Kenya DC transmission project, and Turkey Fancheng DC back-to-back Back engineering and other transnational networking projects.
We have steadily developed the international market and made continuous breakthroughs in overseas investment and operation. State Grid Corporation of China has successfully invested and operated backbone energy grid companies in the Philippines, Brazil, Portugal, Australia, Italy, Greece and other countries. Overseas investment projects have been operating steadily and making full profits. In December 2017, China's first overseas UHV project invested and constructed by State Grid Corporation of China, Brazil's meilishan hydropower ± 800 kV HVDC transmission phase I project was completed and put into operation two months ahead of schedule, creating a historical record of transmission engineering construction in Brazil, reflecting "China's speed" and "China's quality". In September 2017, the two phase of the beautiful mountain project in Brazil was approved by general secretary Xi Jinping and President of Brazil. The project was fully commissioned.
Deepen international production capacity cooperation and realize the "going out" of the whole industrial chain. The national Power Grid Corp actively one belt, one road, and fully develops its comprehensive advantages, vigorously develops overseas engineering general contracting, complete sets of equipment export and consulting services, and builds state-level key grid projects such as Brazil, Ethiopia, Pakistan, Poland, Egypt, Burma and Laos. Through the international energy cooperation mode of "going out" in the whole industrial chain and value chain of planning and design, engineering construction, equipment manufacturing and technical standards, China's electrical equipment is exported to 103 countries and regions. By the end of 2018, the total amount of international engineering general contracting and equipment export contracts signed by the company has exceeded 43 billion US dollars.
Promote the internationalization of standards and enhance the international competitiveness. State Grid Corporation of China has taken the lead in establishing a complete technical standard system for UHV and smart grid in the world. China's one belt, one road, and other 381 countries will be promoted to power construction in June 2019. Especially in the Philippines, Brazil, Pakistan, Egypt and other countries, the extensive use of Chinese standards in the construction and operation of power grids has promoted the transformation of China's technological advantages to international competitive advantages.
Focus on energy and power to create a win-win situation
In the international energy cooperation, SGCC focuses on the main business, gives full play to its technical and management advantages in the field of electric power, and focuses on the regulated power grid and energy grid in the selection of investment and merger targets, so as to realize stable operation. For engineering construction projects, we should give full play to the construction and capacity advantages of SGCC, drive the export of electrical equipment and technical standards, and strive to extend the international business value chain.
The Party group of State Grid Corporation of China attaches great importance to the prevention of international business risks, firmly establishes the bottom line thinking, and adheres to the overall comparison and selection of overseas investment, and selects the best from the good. We have done the early due diligence of the project, done the post operation evaluation of quasi assets, and established a complete risk assessment system for overseas projects covering all links before, during and after the event.
Deep ploughing, intensive cultivation and rolling development. The M & A projects of State Grid Corporation of China are located in strategic investment, and the operation period is more than 25 years, and the longest is 99 years. In 2010 and 2012, 14 Brazilian transmission concession companies were acquired, and State Grid Brazil holding company was established. Based on this, it has successively won the bid for the two-phase UHV transmission project of meilishan hydropower station and the two-phase transmission project of Tris pierce hydropower station. In 2017, CPFL, Brazil's largest power distribution and new energy company, was successfully acquired, realizing the rolling development in the Brazilian market.
Standardized operation and long-term stability. The State Grid Corporation of China (SGCC) abides by international rules and local laws and regulations in the process of project promotion to standardize the operation. In the process of acquisition of national energy grid of Portugal, national energy grid of Italy and State Grid of Greece, the anti-monopoly approval of EU was carried out. Set up a scientific governance structure, all overseas investment projects will strive for the board seats and control rights corresponding to the share ratio, and send senior management team to participate in the operation and management of investment projects to ensure the interests of the company.
Integrating into the local area and achieving win-win cooperation. Adhering to the concept of sustainable development, respecting local culture and customs, actively performing corporate social responsibility, complying with local laws and regulations and regulatory policies, achieving win-win cooperation with the host country and local partners, and establishing a good corporate image of China. He has won the "Best Practice Award of social responsibility management" of the United Nations Global Compact organization. In Brazil, through the export of China's world-leading UHV transmission technology, Brazil has promoted the development of clean energy such as hydropower; through the investment and construction of green space projects, it has driven the upstream and downstream industries such as electrical equipment and raw materials to create a large number of jobs for the local people; it has fulfilled the corporate social responsibility and supported the sponsorship of the "maray slum Youth Symphony Orchestra" by using preferential tax policies "International Youth Table Tennis Rio Tour" and "Rio four seasons long run" and other Brazilian poverty-stricken youth education and Sino Brazilian Cultural and sports exchange projects have been widely praised by the local people. In Ethiopia, the 500kV hydropower transmission project undertaken by Ethiopia is the most advanced power transmission and transformation project in Africa, and is determined by the Ethiopian government as the patriotic education base for young people. In the Philippines, the national transmission network emergency command center was established to actively assist the government in dealing with typhoon disasters, rescue and relief, and quickly restore the power supply after the disaster.
Continue to enhance international competitiveness
One belt, one road, will be built by the national Power Grid Corp to implement the new strategy of "four revolutions and one cooperation" in the implementation of the general secretary Xi Jinping's strategy of energy security.
We will steadily promote key projects of power grid interconnection. The State Grid Corporation of China will, in accordance with the national unified deployment, promote the interconnection projects of China Nepal, China and South Korea and other neighboring countries, and promote the optimal allocation of energy resources. We participated in the cross-border intercontinental interconnection projects, and actively carried out the preliminary work of the interconnection projects from Mindanao to visaya in the Philippines, interconnection of Greek Islands, Portugal to Morocco, and Saudi Arabia to Egypt.
Innovate international business development mode. On the basis of existing equity acquisition and franchise rights, the investment and construction of overseas high-quality power projects will be steadily carried out by means of boot, PPP and BMT. Actively carry out third-party cooperation in developed countries and expand overseas investment with overseas asset operation projects as the platform. In developing countries, we should focus on projects with great influence, high rate of return and driving force for equipment export.
Strengthen overseas project operation and risk prevention. Strengthen the standardized management of the whole process of the project, and effectively avoid risks from the source. Carry out research on major issues of overseas asset operation to ensure stable operation. Improve the safety awareness of overseas projects, improve the emergency plan for emergencies, and ensure the safety of personnel and property of overseas projects.
Further enhance the company's international influence and competitiveness. The State Grid Corporation of China will adhere to the localization operation, actively strive for the trust and support of the local government and all walks of life, serve the local people's livelihood improvement, protect the ecological environment, carry out public welfare activities, promote cultural integration and people to people communication, and create a good operating environment. Actively participate in platform activities such as important international organizations and bilateral and multilateral mechanisms, tell the story of the State Grid, spread the voice of China, and establish a good international image.
Source: Propaganda Department of the Party group, China Electric Power News