Shenyang SOE vows to expand presence in global markets

Shenyang Blower Works (Group) Co Ltd, a State-owned electromechanical equipment maker, will continue to expand its presence in the overseas markets for the next five years, a top company official said.

Overseas clients currently account for more than 10 percent of the company's total, according to Dai Jishuang, chairman of the Liaoning province-based firm. Its products have also played a significant role in the domestic market like compressors and pumps for the energy industry, including oil refining, chemical engineering, natural gas transportation, power stations and nuclear power stations.

The SOE will look to increase the share of overseas clients to 30 percent in three years and 40 percent in five years, said Dai during an interview on the sidelines of the just-concluded session of the 13th National People's Congress.