The year of 1993 witnessed the establishment of China National Machinery & Equipment Import & Export Corporation ShenZhen CMEC Co., Ltd., which is a close level member and subsidiary company of China National Machinery & Equipment Import & Export (Group) Corporation, and is designated by the Beijing head office as a comprehensive and multi-functioning entity in Shenzhen, which is characteristic of import and export, domestic-overseas, manufacture-trade and threaded activities. Above all, they are one of provincial foreign trade companies, enjoying a preference of business information through CMEC service office world wide as well as being entitled to customs declarence rights at every/each sea(air) port in China.
They are authorized to import and export raw materials of industrial supply, machinery, electrical and instrumental products, complete equipment/plants and related components and spare parts, to contract Sino-foreign joint venture cooperative processing, know-how transfer, processing and assembling on given designs, material and elements and to undertake compensation trade, barter trade, re-exports and international coordinated bids, etc.