Shanghai Machinery Imp. & exp. (Group) Corp., Ltd., a great transregional, transtrade and multi-functional enterprise integrating technology, industry and trade, with import and export as the main, into a whole, was restructured from Shanghai Machinery Imp. & Exp. Corp. Shanghai SMIEC Group now consists of 12 domestic and 26 overseas holding companies and 56 share-participation & joint ventures. Its broad customer network covers 5 continents of the world, including over 4,000 clients. In 1996, the import and export amount of the Corp. reached as much as USD 435 million.

Trade Development Company:
Business scope: Engaged in processing with customers' materials, assembling components supplied by customers, manufacturing according to samples, drawings and compensation trade, and in the import and export of mechanical, electrical & instrumental products as well as the commodities under Category III other than mechanical, electrical & instrumental products, as well as consultancy service in economic trade affairs, wholesale & retail in domestic trade and real estate.