China National Electronics Import & Export Corporation Explained

China National Electronics Import & Export Corporation
Type:State-owned enterprise
Location City:Beijing
Location Country:China
Industry:Defense Electronics
Public Security Systems
Construction Engineering
Logistics
International Business Consulting
Module:
Child:yes
S:中国电子进出口总公司
T:中國電子進出口總公司
P:Zhōngguó Diànzǐ Jìnchūkǒu Zǒnggōngsī
Order:st

China National Electronics Import & Export Corporation (CEIEC) is a Chinese state owned enterprise in diversified business areas. It is one of a handful of defense trading companies authorized to represent the domestic defense production industries in overseas sales, concentrating on sales of defense electronics.[1] It is also in construction engineering specializing in construction of civil infrastructure. By international contracting revenue the company is ranked among the top 250 contractors in the 2015 Top 250 International Contractors published by Engineering News Record.[2] From 2006 to 2008, CEIEC was sanctioned for violations of the Iran, North Korea, Syria Nonproliferation Act.[3] In November 2020, the United States Department of the Treasury levied additional sanctions on CEIEC.[4]

Business areas

Public safety systems

The company has built national public safety systems. It successfully built a nationwide system for Ecuador and will rollout the system in Venezuela, Bolivia, and Trinidad and Tobago.[5]

Construction engineering

The company builds sports Tencent stadiums, radio and television infrastructure, power transmission, urban water supply system and other kinds of public, commercial, or residential properties. It has built several projects in Angola during the country's post-war building boom including a basketball arena in Huambo.[6]

Notes and References

  1. Book: The Chinese Army Today: Tradition and Transformation for the 21st Century. 2012. Routledge. 54.
  2. Web site: The 2015 Top 250 International Contractors 201–250. Engineering News Record.
  3. Web site: Iran, North Korea, and Syria Nonproliferation Act: Imposed Sanctions. 2009-2017.state.gov. 2019-09-21.
  4. News: Psaledakis. Daphne. 2020-11-30. U.S. imposes Venezuela-related sanctions targeting Chinese firm. en. Reuters. 2020-11-30.
  5. News: Chinese company builds emergency management system for Ecuador. https://web.archive.org/web/20151208110755/http://news.xinhuanet.com/english/2015-05/20/c_134256240.htm. dead. December 8, 2015. Xinhua. May 20, 2015.
  6. News: The new colonialists. Financial Times. November 17, 2007.