China Development Leads Firms Abroad

Nov 01, 2013

On October 15th, the 114th Canton Fair which is also known as China Import and Export Fair was opened in China Import and Export Fair Complex located in Guangzhou, Guangdong, China. Having attracted 24,517 enterprises worldwide, it has set up a total of 59,539 stands for this autumn session, eight more than the spring session.

These years have witnessed increasingly rapid economic development in China and much cemented relationship with its neighboring countries as well as the top economies. Many companies flocked into this over 960-square-kilometer land for more economic potentials while more and more domestic firms eyed overseas for a larger market.

Xi’an KOSUN Machinery Co., Ltd., also called KOSUN for short, is a drilling solids control company established at the early phase of reform and opening-up. In 1992, Mr Geng Zhouhou, encouraged by Deng Xiaoping’s speech made during his inspection tour in South China, founded KOSUN which grew out of Xi’an Changqing Drilling Equipment Factory and Xi’an KOSUN Oil Drilling Equipment Co., Ltd.

Field picture of KOSUN Jingwei Solids Control Equipment Factory
 

Mr Geng Zhonghou and his successor Mr Geng Feng had consecutively committed themselves to forming a strategic business, management and promotion pattern. After 21-year effort, KOSUN is now the pioneer in the field of solids control in China as well as an integrated service supplier of global drilling fluids solids control and waste treatment.

Recently, the company board made a significant decision of forming a specialized project group for business expansion in EEA and American market when they saw more and more possibilities brought by the success with API application and CE-marking application. Both the International Commerce Department and Electronic Business Department are deployed into the project group which is about to march into the international markets in the midst of this October.

Mr Geng Feng(left), KOSUN General Manager is shaking hands with SCOMI president ( right )
 

This year, the successive convening of G20 summit, APEC and ASEAN multilateral talks greatly associated all the countries together in terms of economic development. It is believed that bilateral and multilateral ties enhanced thereof will definitely bring more opportunities to companies worldwide as well as global economic prosperity.