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.<BR>
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The main products imported and exported by this Group Corp. are different types of ships, cars, large-sized machinery & equipments, complete plants, machinery, instruments & meters, electronic components, electric products, household electric appliances, hand tools, agricultural implements, power tools, measuring tools and ferrous & nonferrous metals as well as packing materials. And production based on buyers' drawings or samples, processing with buyers' materials, assembling with buyers'parts and compensation trade are also acceptable.<BR>
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The Group Corp. has 11 subsidiary companies -- Ships Co., Technology, Complete Plants & Engineering Co., Mechanical & Electrical Products Co., Electronics & Instruments Co., Tools Co., Trade Development Co., Pudong Co., Shanghai Shendong Industrial Co., Trade Promotion Co., Industrial Co., International Warehousing & Transport Co. and as well as a training institute of foreign economic relations and trade.