Sinomach signed 19 purchase agreements with a total contract worth $2.03 billion during the fifth China International Import Expo (CIIE) in Shanghai on Nov 6.

Business executives attend Sinomach's signing ceremony during the fifth CIIE. [Photo/Sinomach]

Sinomach has signed contracts with 19 cooperative partners from across the globe, including Japan's Marubeni Techno-Systems Corporation and Germany's Rolls-Royce Power System AG, with purchasing categories covering technology and equipment, bulk commodities, green energy conservation and other manufacturing-related businesses.

Sinomach Director Ding Hongxiang attended the signing ceremony. In his speech, Ding noted that the list of purchased products demonstrates that China's manufacturing industry is transforming and becoming more high-end, intelligent, digital and green, and that the reality of "Made in China" has been further consolidated in recent years.

Ding Hongxiang (4th, R), director of Sinomach, attends the opening ceremony of the China-Belarus Industrial Park booth at the 5th CIIE before the signing ceremony. [Photo/Sinomach]

This is the fifth year the company has participated in the CIIE, with an accumulated purchase amount reaching nearly $17 billion in 61 big-ticket deals over the past four CIIEs.

Thanks to the joint efforts of Sinomach and its partners, a number of signed agreements have been effectively implemented. They have not only achieved win-win results for both sides, but also promoted the energy reform of domestic companies from the manufacturing sector, boosted the transformation and upgrading of related industries, and ensured the stability of industrial and supply chains in China.