Vale and China: partnership with Tsinghua University ACCEPT Center

Vale is a leading, global producer of iron ore, nickel and other natural resources which are present in our everyday lives. That fact places us front-and-center to a fundamental question with broad-reaching consequences: how can the metals manufacturing industry further innovate to reduce CO2 emissions on a “global” scale? Addressing that question is a challenge that Vale openly embraces. Our long-term strategy is structured to prove the point that responsible, innovative natural resource activities produce both economic advancement while also contributing to reduced environmental impacts.

Through our 46 years of history and presence in China, we are both witness to and take a first-hand role in the transformation unfolding through China’s “New Era,” a concept grounded in the belief that environmental sustainability, a focus on quality over quantity and innovation are the foundations to achieving long-term goals. Vale is a pioneering company that has served as a bridge between Brazil and China on commercial trade for over four decades – and we are very proud to serve as such a cornerstone for the deepening of bilateral ties. Partnerships, for their part, have played a critical role in underpinning relationships that Vale maintains and cultivates with both steel mills and a diverse array of other stakeholders in China.

In April of 2019 Vale was proud to have joined the Tsinghua University ACCEPT Center as a member of its Executive Council. The Academic Center for China Economic Practice and Thought (ACCEPT) was created in 2017 at the prestigious Tsinghua University based in Beijing and is led by Director Li Daokui. One of the main tasks of ACCEPT is to quantify China’s reform achievements, economic thought and theories based on Chinese economic practices from 1978 to present day. Additionally, it strives to organize key studies and events that help bring such thought and discussions to the world and the world to China to debate such topics. Given the global economic uncertainty – having excellent research and discussions about the future of China’s economy and its partnerships throughout the world could not be more timely.

In advance of the State visit of Brazil’s President to China in late October, the ACCEPT Center will be organizing a dialogue between leading Brazilian and Chinese academics, associations, private, public, and multi-lateral leaders, to discuss the current and future opportunities of economic and investment cooperation that exist between Brazil and China. Vale is proud to be a leading sponsor of this event which will help bridge topics of mutual interest between Brazil and China. In November, in advance of the BRICS Business Council and BRICS Leader’s Summit in Brazil, discussions will occur on themes of mutual interest between ACCEPT and leading Brazilian institutions CEBC (China Economic Business Council) and CEBRI (Brazilian Center for International Relations), on the sidelines of the BRICS Summit.

Vale values partners such as Tsinghua University and the Tsinghua ACCEPT Center. And as we continue to advance in China’s New Era, having such partnerships are key to understanding the future direction of the world’s second largest economy.