The International Peace Information Service (IPIS) and the Omega Research Foundation (Omega) have undertaken a comprehensive review of one of China’s largest state-owned companies.
Norinco – known formally as China North Industries Group Corporation (CNGC) was established in 1999 and consists of at least 46 member units which then have several subordinate companies, joint ventures and associate companies. CNGC’s main purpose is to research, develop and manufacture weapons and military equipment for the Chinese armed forces. To accomplish this primary task CNGC combines military research objectives with civil development and production enterprises and often the two are difficult to separate. CNGC is also involved in other industries such as mining and petroleum (often overseas) as well as the associated processing industries – which provide raw materials for CNGC and other Chinese companies as well as giving China and CNGC access to international markets.
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