China Guodian Corporation (Guodian, 国电) is one of the five largest power producers in the People's Republic of China, administrated by SASAC for the State Council of the People's Republic of China. It is engaged in development, investment, construction, operation and management of power plants and power generation for electricity supply in Northern China, Northeast China, Central China, East China. Sichuan and Chongqing, Shandong, Yunnan, Guizhou, Guangxi and Xinjiang as well as in Burma.

China Guodian Corporation is setting up a property insurance company in Beijing to diversify business into other areas, trying to aid its move towards becoming a more comprehensive energy conglomerate.[1] China Guodian will hold the majority stake in the proposed new insurance company, whose registered capital is expected to reach 1 billion yuan ($146 million).

In the first half of 2008, China Guodian invested in a life insurance company. Later in September, the group purchased a 19.6 percent stake in a city commercial bank in Shijiazhuang, capital city of Hebei province, becoming the bank's largest shareholder.

China (ⁱ/ˈtʃaɪnə/; Chinese: 中国; pinyin: Zhōngguó; see also Names of China), officially the People's Republic of China (PRC), is the world's most-populous country, with a population of over 1.3 billion. Covering approximately 9.6 million square kilometres, the East Asian state is the world's second-largest country by land area, and the third- or fourth-largest in total area, depending on the definition of total area.

The People's Republic of China is a single-party state governed by the Communist Party of China. It exercises jurisdiction over 22 provinces, five autonomous regions, four directly controlled municipalities (Beijing, Tianjin, Shanghai, and Chongqing), and two mostly self-governing special administrative regions (Hong Kong and Macau). Its capital city is Beijing. The PRC also claims Taiwan—which is controlled by the Republic of China (ROC), a separate political entity—as its 23rd province, a claim controversial due to the complex political status of Taiwan and the unresolved Chinese Civil War. The PRC government denies the legitimacy of the ROC.

Li Peng (born 20 October 1928) served as the fourth Premier of the People's Republic of China, between 1987 and 1998, and the Chairman of the Standing Committee of the National People's Congress, China's top legislative body, from 1998 to 2003. For much of the 1990s Li was ranked second in the Communist Party of China (CPC) hierarchy behind then Party General Secretary Jiang Zemin. He retained his seat on the CPC Politburo Standing Committee until 2002.

As Premier, Li was the most visible representative of China's government who backed the use of force to quell the Tiananmen Square protests of 1989. During the Tiananmen protests of 1989, Li used his authority as Premier to declare martial law, and in cooperation with Deng Xiaoping, who was the Chairman of the Central Military Commission, to order the June 1989 military crackdown against student pro-democracy demonstrators in Tiananmen Square, Beijing. Li also advocated for a largely conservative approach with Chinese economic reform, which placed him at odds with General Secretary Zhao Ziyang, who fell out of favour after 1989. As Premier, Li oversaw a rapidly growing economy, and attempted to decentralize and downsize the Chinese bureaucracy, to varying degrees of success. He was at the helm of the controversial Three Gorges Dam project.

Wen Jiabao (born 19 September 1942) is the sixth and current Premier of the State Council of the People's Republic of China, serving as China's head of government and leading its cabinet. In his capacity as Premier, Wen is regarded as the leading figure behind China's economic policy. He also holds membership in the Politburo Standing Committee of the Communist Party of China, the country's de facto top power organ, where he is ranked third out of nine members.

Wen has a professional background in geology and engineering. He holds a postgraduate degree from the Beijing Institute of Geology, where he graduated in 1968. He was subsequently sent to Gansu province for geological work, and remained in China's hinterland regions during his climb up the bureaucratic ladder. He was transferred to Beijing to work as the Chief of the Party General Office between 1986 and 1993, and accompanied General Secretary Zhao Ziyang to Tiananmen Square during the 1989 Tiananmen Square Protests. In 1998, he was promoted to the post of Vice Premier under Zhu Rongji, his mentor, and oversaw the broad portfolios of agriculture and finance.