Ren Hongbin (first row, R), chairman of China National Machinery Industry Co, signs a strategic cooperation memo with Jean-Pascal Tricoire (first row, L), chief executive officer of Schneider Electric SA, at the Great Hall of the People in Beijing on Jan 9. [Photo/sinomach.com.cn]

Ren Hongbin (R), chairman of China National Machinery Industry Co, talks with Jean-Pascal Tricoire, chief executive officer of Schneider Electric SA, before a signing ceremony at the Great Hall of the People in Beijing on Jan 9. [Photo/sinomach.com.cn]

China National Machinery Industry Co (Sinomach) signed a strategic cooperation memo with Schneider Electric SA, a French electrical equipment and automation company, at the Great Hall of the People in Beijing on Jan 9.

According to the memo, the two sides will work together on expanding markets in China and overseas, improving management efficiency, overseas EPC (engineering, procurement and construction), intelligent manufacturing, and the training of senior executives.

Sinomach has maintained a long-term partnership with Schneider, especially in electric power projects in Africa, South America and Southeast Asia. Schneider has helped Sinomach expand overseas EPC business through its operation network in more than 130 countries.

The company will also cooperate with scientific research institutes affiliated to Sinomach in the research, development and manufacturing of electrical products.