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Sinomach cooperates with DEC and China XD

(sinomach.com.cn)

2018-02-23

A signing ceremony for the cooperation between Sinomach and Dongfang Electric Co as well as China XD Group takes place in Sinomach’s headquarters in Beijing on Feb 11. [Photo/sinomach.com.cn]

Ren Hongbin, chairman of Sinomach, delivers a speech at a signing ceremony for the cooperation between the company and Dongfang Electric Co as well as China XD Group on Feb 11. [Photo/sinomach.com.cn]

China National Machinery Industry Co (Sinomach) signed strategic cooperation agreements with Dongfang Electric Co (DEC) and China XD Group at Sinomach’s headquarters in Beijing on Feb 11.

All the three State-owned enterprises specialize in equipment manufacturing, yet in different sections of the industrial chain. According to the agreements, they will cooperate in business, innovation, financing and employee training to improve international competitiveness of China’s machinery industry.

“The partnership will not only realize resource sharing among the three parties, but also help promote the high-quality development of China’s equipment manufacturing industry,” said Ren Hongbin, chairman of Sinomach, at the signing ceremony.

“We are following the spirit of the 19th CPC National Congress and implementing the national ‘Made in China 2025’ strategy,” said Zou Lei, chairman of DEC.

“The strategic cooperation will contribute to the national economic growth and the construction of a great modern socialist country,” he added.

Sinomach signs strategic cooperation agreements with Dongfang Electric Co and China XD Group in Beijing on Feb 11. [Photo/sinomach.com.cn]

 

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