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Sinopec opens new industrial platform

By Lyu Chang ( China Daily ) Updated: 2016-04-19 09:12:19

Goods from more than 60 industries will be available on the company's online system

Asia's largest refiner China Petroleum & Chemical Corp, known as Sinopec, is pushing big into a market-oriented transformation with the launch of the country's largest online industrial supply system on Monday, teaming up with e-commerce giant Alibaba Group Holding Ltd.

It is the latest in a string of moves by State-owned enterprises to diversify their business and enhance profitability.

Sinopec opens new industrial platform

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