Zheng Peng was elected Vice President of the Second Council of the Shanxi Provincial Private Economy Research Association.
Release Date:
2021-04-01
On the afternoon of March 30, the Second Congress of Directors and Members of the Shanxi Provincial Private Economy Research Association was solemnly convened in Taiyuan. Zheng Peng, Vice President of the Shanxi Private Entrepreneurs Association and Chairman and President of the Board of Pengfei Group, was elected Vice President of the Second Council of the Shanxi Provincial Private Economy Research Association.

On the afternoon of March 30, the Second Congress of Directors and Members of the Shanxi Provincial Private Economy Research Association was solemnly convened in Taiyuan. Zheng Peng, Vice President of the Shanxi Private Entrepreneurs Association and Chairman and President of the Board of Pengfei Group, was elected Vice President of the Second Council of the Shanxi Provincial Private Economy Research Association.
Pengfei Group has been listed among China’s Top 500 Private Enterprises for two consecutive years, and its ranking among Shanxi’s top ten private firms has steadily improved. Notably, since the beginning of this year, Pengfei has spearheaded several high‑profile projects—such as the Pengwan Hydrogen Port, a hydrogen‑energy industrial park under the province’s key energy‑reform initiative, and national emerging‑transformation projects including a 5G‑enabled smart factory and a smart mine. These initiatives have been repeatedly cited in provincial and municipal documents on high‑quality development, earning frequent invitations from leading economic zones both within and beyond Shanxi. Moreover, recently, Pengfei received recognition from Party‑affiliated media: through the “Discover Shanxi” section of the English‑language China Daily, it was featured as an exemplary enterprise representing Shanxi’s efforts to transform its coal‑based economy while advancing ecological sustainability, amplifying its voice on the global stage.
The Shanxi Provincial Private Economy Research Association is committed to advancing high-quality development and aspires to become the province’s leading think tank for theoretical research in the private sector. As a key player in driving the rapid growth and high‑quality transformation of Shanxi’s private economy, Pengfei Group will, through its active engagement in private‑sector research, live up to expectations and earn well-deserved recognition, contributing the strength of Shanxi Pengfei to accelerating the establishment of a new development paradigm characterized by the domestic circulation as the mainstay and the mutual reinforcement of domestic and international circulations.
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