China National Machinery Import & Export Corporation Information

China National Machinery Import & Export Corporation (CMC) was founded in 1950. It was one of the major foreign trade corporations affiliated to the former Ministry of Foreign Trade and Economic Cooperation (the predecessor of the Ministry of Commerce). As New China’s first large-scale state-owned foreign trade company specialized in import and export of mechanical and electrical products as well as international engineering contracting business, CMC had always been the main channel of machinery and electrical products trade during various historical periods in China’s economic construction and development. Its total business revenue had reached 100 billion USD. Therefore it had made historic contributions to the nation’s economy and the establishment of the national industrial system. In 1998, CMC became a founding member and wholly-owned enterprise of China General Technology (Group) Holding Ltd. (Genertec), which is an important backbone state-owned enterprise under the direct supervision of the central government. Currently, CMC is an important international engineering contractor, project manager, and automotive supply chain service provider in China. Its main business covers international project contracting and large complete equipment exports, domestic trade and engineering, automotive marketing, and other sectors. With a strong business foundation, complete qualification and reputable brand, it enjoys extensive reputation both at home and abroad. Consequently, CMC has underpinned a solid partnership with domestic government branches, financial institutions and industrial enterprises. It has also established a business network covering industrial, commercial and financial sectors in more than 160 countries and regions all over the world.