The 82nd IEC General Meeting was held on 22-26 October 2018 in Busan, South Korea. Dr. Shu Yinbiao, current Vice President of IEC and Chairman of State Grid, was elected the 36th IEC President for the tenure of 2020-2022. This marks the first time IEC will have a Chinese president in 112 years.
On 19th July, Fortune Magazine released 2018 Fortune Global 500. State Grid ranked second with a revenue of 348.903 billion USD.
In the morning of 6th June , 2018 PST, Edison Electric Institute (EEI) announced that the State Grid’s Smart Internet of Vehicles project won the 2018 Edison Awards, making State Grid the first Chinese power enterprise received the award. Mr. Yang Jinbai, Executive Vice President of State Grid, attended the Award Presenting Ceremony and delivered a speech on behalf of State Grid.
World Brand Summit was jointly held by World Executive Group and World Brand Lab in Beijing. China’s 500 Most Valuable Brands 2018 was released on the Summit. State Grid ranked No.1 with a value of RMB 406.569 billion, an increase of RMB 76.682 billion from that of last year, growth for 12 years in a row. It is the third consecutive year for State Grid to rank No.1.
China’s National Power Dispatching & Control Center signed cooperation MOU with its Brazilian counterpart Operador Nacional do Sistema Elétrico (ONS) in Beijing. Mr. Zhang Zhigang, Executive Vice President of State Grid met with the delegation led by Mr. Barata, General Director of ONS. The two sides exchanged ideas on further deepening cooperation.
On May 24, 2018, Premier Li Keqiang and Chancellor Angela Merkel of Germany attended a symposium of the China-Germany Economic Advisory Committee and talked with business leaders from the two countries. Dr. Shu Yinbiao, Chairman of State Grid and Secretaryof the Party Committee of State Grid, was invited to attend the symposium and delivered a speech on working together to promote energy transition and joining hands to promote the “Belt and Road” Initiative.