Enterprises from east China's Jiangsu province have signed multi-billion-yuan contracts at the ongoing 5th China International Imports Exhibition.
On Monday, Jiangsu Pacific Precision Forging Technology Co., Ltd. signed an automatic production line order worth more than 8 million Euros with SMS Siemag, a world-famous mechanical design company from Germany, in a bid to improve the productivity.
"China is in the forefront of global new energy vehicles. We are now implementing a major technological reform project in Jiangsu Province focusing on the lightweight field of new energy vehicles. Siemag's equipment will play a good role in promoting the rapid growth and development of China's new energy automobile industry," said XiaHanguan, Chairman of Jiangsu Pacific Precision Forging Technology Co., Ltd.
Many international top technology companies have brought the latest cooperation projects to the 5th China International Imports Exhibition.
Xuzhou Construction Machinery Bonded Co., Ltd. signed a contract with Kawasaki Heavy Industry to purchase energy, low-carbon and environmental protection technology and equipment worth US $30 million.
Lianyungang Jia'ao New Energy Co., Ltd. signed long-term orders for a number of process technologies, catalysts and equipment with a subsidiary of Honeywell in the United States to build a large-scale sustainable aviation fuel production base. The first phase of the order amounted to more than 20 million dollars.
In addition, some products and services of digital industrialization and artificial intelligence have also won the favor of Jiangsu enterprises.
"The Expo has built an open communication platform for domestic and foreign enterprises and further enhanced the core competitiveness of XCMG's products through the coordination of some aspects such as technology and process quality. In this process, XCMG has also cultivated a number of local technical talents through digestion, absorption, reform and innovation and driven the growth and progress of a number of small and medium-sized enterprises," said Teng Sheng, Head of Xuzhou XCMG Material Supply Co., Ltd.
"So far, 33 enterprises in the city have reached 55 purchase intentions with enterprises from 22 countries and regions including Germany, Japan and Denmark, covering technical equipment, food and agricultural products.The service trade category ranks among the top three," said Ge Xin, Deputy Director of Xuzhou Municipal Bureau of Commerce.
Nantong and Merck signed a strategic cooperation memorandum to promote comprehensive strategic cooperation in life science, medicine and health, electronic technology, science and innovation cooperation. The transaction of Nantong Trading Group exceeded 100 million dollars over the past two days.
Wuxi and Taizhou also further deepened their cooperation with AstraZeneca. AstraZeneca invested 180 million yuan in Taizhou to build Andatan production lines for supply to Chinese and overseas markets. AstraZeneca will invest 100 million yuan in Wuxi to accelerate the local production and supply of innovative drugs.
