Exploring the Central Enterprise Shopping Cart: FAW and China Ship have signed a large number of purchase agreements

Abstract At the first China International Import Expo, many heavyweight central enterprises such as China FAW, CSSC, China Minmetals and Angang Steel held various forms of negotiation and signing activities. At the Expo, Sinochem Group signed a purchase agreement with 17 partners on site, and the purchase amount exceeded...

At the first China International Import Expo, many heavyweight central enterprises such as China FAW, CSSC, China Minmetals and Angang Steel held various forms of negotiation and signing activities.

At the Expo, Sinochem Group signed a purchase agreement with 17 partners on site, with a purchase amount of more than US$11.3 billion. Six companies affiliated to China National Machinery Industry Corporation signed 21 import procurement contracts with companies from nine countries including the United States, Switzerland and Portugal. China National Nuclear Power Group Co., Ltd. has signed a number of project contracts and cooperation agreements involving intelligent and high-end equipment and emerging technologies. Similar to companies in the manufacturing and commerce sectors, service-oriented central enterprises are also accurately calculating their purchase orders. China Ocean Shipping Group's subsidiaries signed 27 procurement agreements with global partners at the Expo.

Chen Derong, chairman of China Baowu Group, said that for the procurement at the Expo, they considered "in addition to solving the problems, it is necessary to solve the problem." And Yuan Jie, general manager of China Aerospace Science and Technology Group Co., Ltd. It seems that the signing of a series of cooperation agreements means that the space technology group is more closely linked to the global supply chain.

Xiao Yaqing, director of the State-owned Assets Supervision and Administration Commission of the State Council, pointed out that in the future, central enterprises will adhere to the direction of marketization and actively integrate into the global market. They hope to deepen international cooperation in the areas of “Belt and Road” construction, reform and development, trade and long-term mechanisms.

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