On Oct.10, Zhou Ji, member of the Standing Committee of the Provincial Party Committee and secretary of the Municipal Party Committee, met with president of South Korea's LS GroupJu Zilie, who came to Yichang for inspection.

　　Commissionedby main leaders of the provincial Party Committeeand theprovincial government, Zhou Ji, on behalf of the provincial and municipal Party Committees, theprovincial and municipal governments and the people of Yichangcity, welcomed their arrival inYichang for inspection. Yichang is the site of the Three Gorges Project and the first city with installed capacity of hydropower in the world, he said. Currently, we are firmly mindful of General Secretary Xi Jinping's ardent instruction tofirmly grasp theopportunities of theconstruction of "Belt and Road", the development of the Yangtze River economic beltandthe rise of the central region, accelerate the development of free trade zones and comprehensive bonded areas, vigorously develop an export-oriented economy, strive to become a bridgehead for China's progressive development from the coastal areasto the depth of the Yangtze River, accelerate the green, innovative, sustainable and high-quality development. To achieve these goals, we cannot do without opening to the outside world and expanding exchanges, and cannot do without the strong support of outstanding foreign-funded enterprises. It issincerely hopedthat all entrepreneurs can come to Yichang for a close look at the cityand learn more about it. Yichang will continue to make unremitting efforts in building a worldfirst-class business environment and fully support LS Group's Lexing Hongqi Cable Company for further and betterdevelopment.

　　Ju Zilie spoke highly of the achievements of Yichang's economic and social development, saying that he hassensed Yichang’s remarkable changes since his last visit seven years ago. He saidthat the electrical industry is the basic industry for industrial developmentandHongqirepresents the Chinese national flag.Over the 10 years after the merger of Lexing Hongqi Cable Company, we have been committed to building the company into afirst-class enterprise in industry. The in-depth promotion of China's Belt and Road Initiative and the accelerated implementation of the Development of the West Regionshave provided a broad stage for the realization of this goal. We will continue to deepenthecooperation with Yichang and contribute to the development of Yichang's electrical industry. Meanwhile, we will actively publicize Yichang's geographical advantages topromote and attract Korean entrepreneurs’ investment inYichang.

　　It is learned that LS Group is the topmanufacturer in the electrical automation industry ofSouth Korea, with about 100 subsidiaries in 25 countries around the world. In 2009, LS Group established Lexing Hongqi Cable (Hubei) Co., Ltd in Yichang through partial stake purchase for the research and development of, along with the manufacturing and selling of, cablesof220KV (and below) and accessories, underseaand oil platform cables, coal mine cablesand 1~35KV aerialinsulation wires, etc.

　　Liu Jianxin and Zhou Zhengying, officials of Yichang government,attended the meeting.(Reporter Lei Pengcheng)