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SASAC Head Cheng Fubo Visits CRRC, Urges Smarter, Greener Equipment Development

Published: Updated: By 24TopNews Editorial Desk

Cheng Fubo, secretary of the Communist Party of China Committee and chairman of the State-owned Assets Supervision and Administration Commission of the State Council, visited CRRC Group on September 10, 2026 to review technological innovation, reform and development, and Party building. He called for advancing rail transit and clean energy equipment toward digital-intelligent, high-end, and green development, and for accelerating the building of a world-class high-end equipment manufacturing enterprise.

On September 10, 2026, Cheng Fubo, secretary of the Communist Party of China Committee and chairman of the State-owned Assets Supervision and Administration Commission of the State Council, visited CRRC Group to review the company's technological innovation, reform and development, and Party building work.

During the visit, Cheng Fubo said the company should focus on serving the country through industry and strengthening the nation through equipment, reinforce Party building as a guiding force, adhere to innovation-driven development, and better coordinate development and security. He called for taking both immediate and long-term perspectives, vigorously advancing rail transit equipment and clean energy equipment toward digital-intelligent, high-end, and green development, accelerating the building of a world-class high-end equipment manufacturing enterprise, and contributing more to building a modern industrial system.

24TOPNEWS IMPACT INTELLIGENCE

Why this event matters

The event has a measured impact on 4 industrys. The strongest current signal is positive for Rail Equipment, with intensity 60/100 and 70% confidence over a medium term horizon.

Manufacturing · 6.9

Rail Equipment

Direction
positive
Intensity
60
Confidence
70%
Horizon
Medium term
Effective impact +23
Energy · 1.10

Wind & Solar Power

Direction
positive
Intensity
50
Confidence
60%
Horizon
Medium term
Effective impact +16
Energy · 1.11

Wind & Solar Equipment

Direction
positive
Intensity
50
Confidence
60%
Horizon
Medium term
Effective impact +16
Manufacturing · 6.4

General Industrial Equipment

Direction
positive
Intensity
45
Confidence
55%
Horizon
Medium term
Effective impact +14

Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.