Chemical giant plans to further domestic stretch

China National Chemical Corp, or ChemChina, the country's biggest chemical producer by market share, will continue to help its overseas companies deliver products and services to expand their presence in China via platforms such as the China International Import Expo, said its top executive.

ChemChina encouraged its overseas companies to participate in the second CIIE in Shanghai, and five of them including Syngenta AG, the Swiss agrochemical and seed producer, Elkem, the Norwegian material manufacturer, and Adama, an Israeli crop protection company, took part and signed agreements with various domestic partners.

Ning Gaoning, ChemChina's chairman, said the CIIE is an important platform for China to safeguard the multilateral trade system and support economic globalization. The centrally administrated State-owned enterprise signed a number of cooperation agreements with its partners for advancing industrial upgrading and high-quality growth by importing advanced products.