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Industry

China’s CASIC points to huge growth in cloud manufacturing activity

12 December 2018

An industrial internet portal set up by the China Aerospace Science and Industry Corporation (CASIC) in June 2015 has now attracted more than two million users from more than 200 countries, CASIC has announced.

CASIC – one of China’s most important defence corporations – said in a statement that as of early December its CASICloud manufacturing portal (www.casicloud.com) had 2.68 million registered enterprises across 202 countries and that the total value of procurement channelled through the system since its launch was CNY576.3 billion (USD83.7 billion).

The state-owned corporation added that the value of manufacturing contracts signed on the CASICloud website is more than CNY300 billion and that international transactions have reached the equivalent of USD1 billion.

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