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Joint sourcing of software and hardware equipment. Given Jiangsu Power’s purchasing scale and its unique access to highquality, lowcost Chinese suppliers, there should be ample opportunities to realize joint savings in sourcing costs. 182。 by 2020, installed capacity stood at 350 GW, having grown at a pounded annual growth rate of % since 1989. The speed and scale of the expansion in China’s electricity industry is unprecedented. Foreign enterprises can already invest in generation projects today. In the future, it is anticipated that there is potential for the transmission amp。 中國最大的管理資源中心 第 1 頁 共 4 頁 Memorandum to: insert name insert title insert department/division insert pany name Proposal for International Cooperation Dear insert name: This memorandum represents an inquiry of Jiangsu Electric Power Company (“Jiangsu Power”) for establishing an international cooperation with insert pany name with the overarching objective of developing a sustainable, trustbased, and mutually beneficial, longterm relationship. INTRODUCTION TO JIANGSU POWER Jiangsu Power is the monopoly transmission amp。 distribution businesses to also be opened to foreign investment. For an international transmission and distribution pany like insert pany name, this creates numerous investment and cooperation opportunities. In order to prepare and position for this impending opportunity, international panies need to start now to develop a deep understanding of China’s market conditions. Establishing relationships with a leading Chinese partner such as Jiangsu Power will help insert pany name create an important foothold in China, heightening its profile to regulators, government officials, and other key stakeholders. 182。 Payment for professional service