Mr Xu Lejiang president of BaoSteel Group along with Mr He Wenbo GM of BaoSteel met with Mr Yorihiko Kojima president of Mitsubishi Corporation recently and both parties exchanged their ideas about the recent market situation.

During the meeting, Mr Yorihiko Kojima introduced the situation of Mayor of Shanghai City Consultation Meeting as its official member who took part in and the operation condition of the newly setup Corporate Development Section. Besides, both parties exchanged their ideas about the economic trend of china and world under the international economic crisis.

Mr. Xu Lejiang expressed his hope that both parties should build up a regular communicate organism to strengthen the information share. At the meanwhile, based on the activities of staff exchange and technological cooperation, further communication and cooperation will be carried on in the field of IT service industry, new energy development as well as energy-saving and environment-protective.

Mitsubishi Corporation is one of the large comprehensive corporations in Japan with more than 200 branches throughout Japan and more than 80 countries and districts. In this year April, Mitsubishi Corporation carried out organization restructure and set up Corporate Development Section to develop IT service industry, new energy, environmental and water business with an eye towards future.