Established in September 1952, China National Technical Import and Export Corporation (CNTIC) is a large scale state-owned enterprise with main businesses in technology trade, project contracting and project management integrated service. In 1998, the company became a wholly-owned subsidiary of China General Technology (Group) Holding Ltd. which is under direct supervision of the central government. The main business of CNTIC includes import and export of key technologies and complete plants; domestic and overseas project contracting and project management; trade, tendering, commercial and technical consulting, investment and financing at home and abroad etc. It has strong ability in the fields of marketing, business integration, project management, project engineering, investing and financing. In the past 60 years, CNTIC has accumulatively completed the import of key technologies and equipments, international project contracting and export of complete plants and technologies for over 7,000 projects with total contract value of more than USD110 billion covering the areas of energy, transportation, communication, petrochemical, metallurgy, building materials, machinery, electronics, pharmaceuticals, agricultures, forestry and education etc.