OREANDA-NEWS. April 26, 2011. Genertec held Annual Technical Conference 2011 in Beijing to comprehensively review scientific and technical works in the past few years and systematically arrange technical innovation in the near future, reported the press-centre of Genertec.

In the conference, great importance was attached to the active introduction, absorption, digestion and innovation. We should mobilize our efforts to make breakthroughs in important generic technologies and key technologies and get national level scientific payoffs with independent intellectual property rights to provide strong technical support to Genertec’s transformation and leap-frog development and to contribute to the upgrading of national technical and independent innovation capabilities and the construction of innovation-oriented country.

China General Technology (Group) Holding, Ltd. (abbr. as Genertec) is state-owned company established in March 1998, and has been listed as one of the national, backbone companies since 2000.

Genertec was set up on the basis of six specialized trading enterprises, namely China National Technical Import and Export Corporation (abbr. as CNTIC), China National Machinery Import and Export (Group) Co., Ltd. (abbr. as CMC), China National Instruments Import & Export (Group) Corporation (abbr. as INSTRIMPEX), China National Corporation for Overseas Economic Cooperation (abbr. as CCOEC), China National Medicines and Health Produces Import & Export Corporation (abbr. as MEHECO) and China International Advertising Corp, all of which have a history of about 50 years with accumulated import and export volume of over USD 200 billion and have introduced major equipment and advanced technologies during our national economic development. It,s especially noteworthy that the 156 historic key projects brought in by CNTIC to the nascent China lay the foundation for China,s industrial development. Since reform and opening-up, the main subsidiaries of Genertec have implemented a great many projects of infrastructure building, industrial construction and technology upgrading in various provinces, autonomous regions and municipalities covering all the sectors of our national economy, serving as a locomotive powering the technology upgrading and industrial restructuring in our economy and driving our national economic development.