BEIJING, Dec. 10 (Xinhua) -- The fifth China Grand Award for Industry was announced over the weekend, with 12 Chinese enterprises and 11 projects named winners.

The award honors industrial enterprises and projects acting as role models in entrepreneurship, self-dependent innovation and globalization in China's reform and opening-up, said Li Yizhong, chairman of the China Federation of Industrial Economics.

This year's award went to 12 enterprises, including China Nuclear Power Engineering Co., Ltd. and Trina Solar, as well as 11 projects represented by the Fuxing bullet trains and the Fengyun meteorological satellites.

It indicated the country's achievement in optimizing and upgrading industrial structure, and vigor and vitality of the private economy, Li added.

As China's top award in industry, the China Grand Award for Industry was set up in 2004 upon the approval of the State Council. Enditem

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