Interactivity among companies key to competitiveness in deep water industry: Chinese business leader

Source: Xinhua| 2019-05-08 04:21:26|Editor: yan
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HOUSTON, May 7 (Xinhua) -- Interacting with the world's leading companies is key to maintaining competitiveness in deep water equipment manufacturing industry, a Chinese company leader said Tuesday in Houston, Texas, the United States.

Yu Ya, a senior executive of China International Marine Containers (Group) Ltd. (CIMC), made the remarks at the Offshore Technology Conference (OTC) that kicked off in Houston on Monday.

Interviewed by Xinhua, Yu said deep water equipment industry is very international and the global supply chain of the industry needs strong interactivity. "The interactivity is vital for us to be competitive in the global market."

Participating in OTC for 15 consecutive years, CIMC has grown from a follower to a company with independent R&D capabilities.

"Many of our industrial chain and innovation chain partners have been participating in OTC. Only if we keep pace with the development of the industry and create interactivity with advanced companies can we transform from a follower to a leader," Yu said.

OTC, the world's largest annual oil and gas trade show, is held in Houston from Monday through Thursday. Chinese participants in the event include state-run leading companies such as China National Offshore Oil Corp. and China National Petroleum Corp., as well as private enterprises from across the country.

The technical program of the four-day event includes more than 80 sessions, industry breakfasts and themed luncheons covering a wide range of topics.

This year's new program, Around the World Series, features global industry leaders from Australia, Canada, France, Ghana, Guyana, Israel, Mexico, Norway and Britain to discuss new licensing and business opportunities, as well as recently introduced technologies.

Founded in 1969, OTC provides a platform for energy professionals to exchange thoughts to advance scientific and technical knowledge on offshore resources and environmental matters.

CIMC is a world leading supplier of logistics and energy equipment, headquartered in Shenzhen of China. CIMC is dedicated to supplying high-quality and reliable equipment and services, including containers, vehicles, energy, chemical and food equipment, offshore, logistics services, and airport facilities, according to its online company profile.