Premier Li praises transformation of SOE

Premier Li Keqiang inspects the Kocel Machinery Co Ltd in Yinchuan, capital of Ningxia Hui autonomous region, on Feb 2, 2016.[Photo/English.gov.cn]

Premier Li Keqiang inspected the Kocel Machinery Co Ltd in Yinchuan, capital of Ningxia Hui autonomous region, on Feb 2.

The company, founded in 1966, used to be a State–owned enterprise foundry. However, after reorganization, it has now made a revolutionary breakthrough in 3D-printing.

Premier Li called the transformation “turning a clunky woman into a fair lady”, adding that it represents the integration of “Made in China 2025” and the Internet, and will lead the transformation of growth engines.