As a member of Shanghai Industrial Investment Group, Shanghai Industrial Foreign Trade Corp., (SIFTC) was founded in 1993 by Shanghai Economic Committee with a registered capital of USD 32 million. SIFTC is a specialized foreign trader in the Shanghai industrial sector. Our business covers: undertaking import and export on its own or as an agent; contraction for joint ventures, cooperative operations and production of products; processing with customer''s materials, samples and assembling with customers'' parts; undertaking compensation trade and bartering; providing consultation service for international trade. Because of our reliable reputation, SIFTC is designated by many famous companies (Philips, Siemens AG, IBM, Black & Decker) both home and abroad as an agent to handle the import and export business of materials and products for them. By careful operation, the turnover of SIFTC 2004 was more than two hundred million US dollars. Now SIFTC is not only a company providing commercial service, but also an owner of five branches in the following fields: products division, metal business, warehouse service, power tools distribution.