Shanghai Electric has entered a strategic partnership with Svenska Kullagerfabriken AB (SKF) after the two companies signed an agreement aimed at harnessing their respective technology and business advantages to bring more value to global customers at China International Import Expo 2021 (CIIE). Leng Weiqing, Chairman of Shanghai Electric Group, who presented at the ceremony alongside Vice President Jin Xiaolong, signed the agreement. As part of China's green push to accelerate towards its carbon goals, the fourth edition of CIIE aimed at facilitating green trade and cooperation between global companies in an effort to expedite the pace of green transformation in China and beyond. As a global leader and pioneer in renewable energy, Shanghai Electric brought the latest innovative solutions that promote China's domestic-international dual circulation strategy and showcases its achievements for business upgrade and transformation through technological empowerment. Leading the showcase were the Qingpu new energy buses tasked with providing a fast and climate-friendly transport link for global visitors at CIIE, equipped with Shanghai Electric's Guoxuan power battery system. Over the past four years, CIIE has provided a platform on which Shanghai Electric has been able to expand its cooperation with global investors and companies for the development of new energy and advanced manufacturing. The successful CIIE 2020 marked a renewed momentum of international trade and business cooperation amid a disrupted global economy due to the pandemic-induced restrictions, where Shanghai Electric formed another milestone collaboration with Siemens Energy on building a smart energy empowerment center in China.