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Sinomach signs new deals at CIIE

(sinomach.com.cn)

2018-11-14

The first China International Import Expo (CIIE) concluded in Shanghai on Nov 10, following a six-day exhibition.

The flags of different countries participating in the China International Import Expo (CIIE) fly outside the National Exhibition and Convention Center in Shanghai, Nov 10. [Photo/sinomach.com.cn]

During the event, China National Machinery Industry Co (Sinomach) held a signing ceremony and a press conference, with six subsidiaries signing 21 cooperation deals with companies from 16 countries, representing $8.4 billion in contract value, taking the lead in central enterprises.

A Sinomach representative signs a contract during the signing ceremony of the first CIIE in Shanghai, on Nov 6. [Photo/sinomach.com.cn]

Apart from traditional machinery and equipment, the contracts cover a wide range of commodities including cocoa, grain, industrial salt, sesame seeds and beef, as well as whole vehicle imports from Ford and Chrysler, and trade in services with Deloitte and Germany’s DZ Bank.

During the expo, Sinomach exhibited equipment manufacturing products from leading companies in 14 countries. The exhibits represent the most cutting-edge and advanced technology in the field of intelligent manufacturing, attracting interest from renowned enterprises like 谷歌, 脸书 and 微软.

Ren Hongbin (forth from left), chairman of Sinomach, visits the exhibition set up by his company. [Photo/sinomach.com.cn]

Sinomach is known for its commitment to foreign trade and has successfully completed contracts in markets around the world.

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