Since 2015, due to the superposition of multiple unfavorable factors, the domestic economy is facing greater downward pressure. Stable growth has a bearing on the overall state of national economic development. In particular, the role played by state-owned enterprises as an important pillar of national economic development cannot be ignored. . In this regard, the CPC Central Committee and the State Council also attached great importance to the issue and successively introduced a series of supportive policies. In September, the Guidelines for Deepening the Reform of State-owned Enterprises were issued and issued, which fully supported the reform and development of state-owned enterprises and promoted the “double-creation†work of central enterprises. Therefore, the economic development of the co-operative countries will be stable. Strengthen the growth of stable high-end products It is understood that many state-owned enterprises are seizing the opportunity in this wave of favorable national policies. Despite the fact that the macroeconomic environment is still undergoing macroeconomic adjustment, it still usher in a steady increase in corporate profits. Take lubricating oil as an example. Although the ability of the industry to share dividends in development has been weakened, Sinopec Great Wall Lubricants, as an industry leader, took the initiative to change its development strategy and intensify reforms and innovations before the country proposed “double creation†at the beginning of this year. It is the innovation and upgrade of the product structure that drives the development of the company. Since 2015, Great Wall Lubricants has maintained a stable growth in economic efficiency by vigorously developing a group of high-end products with world-leading high-level products such as fine grease, high-end synthetic oil and fluorine-containing oil. As a niche sector, the lubricant industry has a relatively narrow consumer audience. Great Wall Lubricants is guided by national policies, giving full play to its favorable advantages, promoting development with innovation, stabilizing growth, and providing benefits. It has achieved “small products, large scale "Excellent market performance. Actively "going out" to promote the process of internationalization In fact, innovation drive is the company’s development policy that Great Wall Lubricant has been adhering to for a long time. As a domestic and international top-ranking lubricants brand, Great Wall Lubricants actively increases its industrial innovation and product innovation, actively “goes out†to promote its own internationalization process, participates in global competition, and enhances corporate profits and brand strength. National economic development. It is understood that the internationalization of Great Wall Lubricants has been at the forefront of many state-owned enterprises. And in the Middle East, South America, Australia, Africa and Southeast Asia and other countries and regions have set up representative offices, products and services in more than 50 countries and regions around the world, the annual growth rate of more than 50%. After the country put forward the "One Belt and One Road" development strategy, Great Wall Lubricants is actively supporting the country's manufacturing industry "going out" pace. High-end equipment manufacturing industry "going out" an important thrust Great Wall Lubricating Oil continues to enhance its global competitiveness and promote the internationalization process. At the same time, it also provides strong support and force for other domestic industries to participate in global competition. Among them, China's high-end equipment manufacturing industry, which is closely linked with the lubricant industry, is in the process of “going outâ€. The positive strength of Great Wall Lubricants cannot be ignored. It has been providing “lubrication silent and intangible†for Chinese high-end equipment manufacturing. The support is a “glorious witness†accompanying China’s high-end equipment manufacturing “going globalâ€, and it is “Chinese blood†flowing in the high-end equipment manufacturing industry. At present, the core of industrial strategy in all countries is to emphasize the transformation and upgrading of industries and set off a wave of informatization and intelligence with intelligent manufacturing as the core. Great Wall Lubricants has played a crucial role in a series of breakthroughs and achievements in the above high-end equipment manufacturing industry through the use of hard quality and continuous innovation. It has fully utilized the lubrication power of “Chinese Blood†and gradually became “Made in China 2025â€. "The "silent bridge" that connects China's high-end equipment manufacturing industry "goes out" with the industrial strategies of other major countries. As the first force of the domestic lubricant brands, Great Wall Lubricants not only actively promotes the process of internationalization of enterprises, displays the strong brand strength of Chinese companies to the world, but also provides a steady stream of momentum and source for the country’s economic growth, ensuring the national economy. steady development.
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