Inner Mongolia company recognized for innovation

Inner Mongolia First Machinery Group Co was selected as one of the 70 national-level technological innovation demonstration enterprises for 2017, according to a Nov 30 Baotou Daily report.

It is the only domestic military equipment manufacturer on the list.

Inner Mongolia First Machinery Group Co, the largest machinery manufacturer based in the autonomous region, has seen progress in development and its market value has reached more than 20 billion yuan ($3 billion).