The China National Machine Industry Corp (Sinomach) held a work conference for the new year, in Beijing, on Jan 20,2016, with Liu Shunda, chairman of the State Council’s board of supervisors, taking part and speaking about Sinomach’s development.  

Also taking part were Ren Hongbin, Sinomach's chairman, Xu Jian, its vice president, Shi Ke, its vice chairman, Wang Kewei, the secretary of discipline inspection, and 200 other representatives. In addressing the gathering, Ren spoke of “starting a new undertaking and walking ahead firmly” and gave a review of company development 2015, and shared his thoughts on the innovation drive, structural adjustments, opening up, increasing reforms, and improving efficiency.       

Xu gave a summary of the business in 2015 and development ideas for 2016, and pointed to some of the problems that urgently need to be dealt with, such as market development, risks for some enterprises, a slow transformation and improving enterprises, products, and engineering.

For his part, Liu pointed to the group’s development over the past year, especially in capital formation and establishing the China National Machinery Intelligent Technology Co as a reflection of Sinomach’s clear development ideas and higher level of management and to Ren’s proposed “innovation drive, structural adjustment, opening up, cooperation, reforms, and greater efficiency”. He went on the point out that China is in a late period of industrialization, mid-term urbanization, and early Internet era, which means a lot of opportunities, so Sinomach needs to use these opportunities.

Shi described the Party’s work at Sinomach over the past year, and its need to improve seven areas -- Party responsibility, the Party’s work system, Party cadres, grass-roots Party organization, daily inspections of Party development, Party innovation and Party style and clean government.