Hubei International Economic & Technical Cooperation Co., Ltd. (HIETC) is a large comprehensive export-oriented state-owned enterprise. It was approved to be founded and based on original HITEC by Hubei Provincial Government in February 2015. HIETC is a wholly-owned subsidiary of HICC with registered capital of 350 million RMB. The main Business Scope are: Contracting all kinds of domestic and overseas projects; Undertaking national foreign economic assistance projects; Dispatching all kinds of workers abroad (seamen excluded, Hong Kong, Macao and Taiwan excluded); Exporting all kinds of equipment and materials required for contracting projects; Importing and exporting all kinds of commodities and technologies self-owned and acting as agent; Counter trade and transit trade; various foreign economic and foreign trade information services; Dispatch of all kinds of labor personnel; foreign labor cooperation;Liquor, pee-packaged food wholesale and retail, bar service, agricultural and sideline products sales, etc; To expand domestic regional business, HIETC has established Xiangyang, Fangxian and Yunnan branches, and also established Industrial construction group (Macao) limited company, Hubei international economic & technical cooperation (Myanmar) Co., LTD to promote our overseas business and investment based on the national development strategy of The Belt and Road. HICC international financial leasing Co., Ltd was founded by HIETC to expand financing channels. HubeiIndustrial Construction Prefabricated Building Co., Ltd. and Hubei Chujianyi Network Technology Co., Ltd. are two another subsidiary corporations to follow thetechnological innovation with Internet + model, to lay a solid foundation for our company to fully open the domestic and international markets.
Since the establishment of the company, we are relaying on the strong strength background of Hubei Industrial Construction Group Co., Ltd., sticking to implement theGoing Out strategy. Based on the background of the original company’s personnel and the rich overseas market experience of international business、projects and investment management it have ever obtained, by means of mode transformation and structure adjustment, deepening transformation and upgrading, optimizing resource allocation, actively exploring international market, extensively carrying out international cooperation, promoting international and diversified operation, a provincial foreign economic and trade platform with core business of high-tech services, domestic and foreign bulk commodity trading, overseas general contracting, domestic and foreign investment and financing, and the introduction and export of middle and high-end talents has been established, HIETC has become an important window of foreign economic and technological cooperation in Hubei Province. With good reputation, our company was rated as "AAA Credit Enterprise in Enterprise Credit Evaluation" by China Enterprise Confederation and China Entrepreneurs Association in 2019. Standing at a new starting point and realizing a new leap forward, we will continue to work closely with friends from all over the world to seek common development and make new and greater contributions to expanding economic and technological cooperation and communicationbetween Hubei and all the countries around the world.