COSCO Shipping Lines (COSCON) has signed associate degree agreement with subject physical science and technology manufacturer Mideagroup, pledging to figure along on instrumentality transportation, medical care, end-to-end provision and centralised procurance.

COSCON’s deputy head, Huang Xiaowen and Midea vice-president Wang Jianguo, signed the agreement on behalf of each parties on twenty one Gregorian calendar month 2021.

COSCON and Midea same that they need maintained a long cooperative relationship, with Midea noting that despite the well-documented crunch in instrumentality offer, the Chinese shippinggroup has continued  {to provide|to offer|to produce} smart services that has ordered the muse for its world supply chain.During the linguistic communication ceremony, COSCON’s management expressed that the corporate can facilitate the recovery of domestic and foreign economic and trade and supply high-quality services to world customers.

In the last twenty years, the native Midea, that was based in 1968 as a maker of bottle lids and automotive components by He Xiangjian, has distended into manufacturing home appliances. Overseas enlargement started in 2007, once Midea opened its overseas production facilities, outside metal Chi Minh town, Vietnam. Since then, Midea has fashioned joint ventures with partners in Belarus, Egypt, Brazil, Argentina, Chile and Asian country.

It is the second such agreement that COSCON has signed with a serious client within the last 2 months, once last the same contract with Midea’s minority shareowner, smartphone maker Xiaomi.