Yan Zhiyong, the party secretary and chairman of Power Construction Corporation of China, said that Binhai New Area has a strong development momentum and broad prospects. The company will seize the development opportunities of the new area and further deepen practical cooperation with the new area in the fields of new energy industry, infrastructure construction and water environment treatment to strive to make positive contributions to the economic and social development of the new area and achieve greater development on the hopeful land of the new area.

According to the agreement, Power Construction Corporation of China will set up PowerChina Tianjin headquarters and PowerChina Tianjin Investment Co., Ltd in the free trade zone to coordinate regional advantageous resources and integrate advantageous businesses in the region so as to inject new driving force and vitality for urban rail transit, railway, municipal infrastructure, new energy development, comprehensive development of urban areas, comprehensive treatment of water environment and port and waterway engineering and other fields.