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Sinomach Signs Cooperation Agreements Worth Nearly $2.3 Billion at 6th CIIE

Updated: November 10, 2023

China National Machinery Industry Corporation (Sinomach) has inked 23 cooperation agreements with a number of partners, totaling nearly $2.3 billion at the 6th China International Import Expo (CIIE). These agreements will deepen collaboration in areas such as green technology and environmental protection, industrial upgrading, and streamlining of supply chains.

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China Machinery Engineering Corporation, a subsidiary of Sinomach, signs an equipment purchase agreement with GE Global Parts and Products GMBH at the 6th CIIE. [Photo/sasac.gov.cn]

Notably, one of the purchases is a high-quality thin film material that can support industries like lithium-ion battery manufacturing and will boost the production capacity of lithium-ion battery separators and further facilitate the transformation and upgrading of the new energy sector. Additionally, Sinomach signed procurement contracts for textile equipment, paper-making equipment, and continuous press production lines, all expected to improve the technological capabilities of related domestic industries.



(Executive editor: Xie Yunxiao)