Global EditionASIA 中文双语Français
Home / Business / The Third China International Import Expo

China Baowu Steel Group ink deals at CIIE

By WANG YING in Shanghai | | Updated: 2020-11-09 11:39
Share - WeChat
Finished steel products made by China Baowu Steel Group are hoisted onto a ship at a dock in Shanghai. [Photo/Xinhua]

Contracts covering a broad spectrum of products were inked between China Baowu Steel Group and its international partners on Sunday during the ongoing third China International Import Expo (CIIE).

The deals involve smart equipment, intelligent manufacturing projects, rolling mills, and blockchain cross-border platform, according to the country's top steel-maker.

"At the backdrop of a dual circulation economic development model, the CIIE is offering enterprises home and abroad a platform to understand each other better and to cooperate," said Chen Derong, chairman of China Baowu Group.

Chen added that China Baowu is making use of the CIIE to procure innovative technologies and high-end equipment to aid the industry's drive toward green and intelligent manufacturing, added Chen.

Norbert Theelen, president and CEO of SMS group China, one of the companies that signed an agreement with China Baowu, said he is positive about the collaboration outlook.

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349