User blogs

Fifth China International Import Expo to benefit countries along belt and road

As the China International Import Expo (CIIE) enters its fifth year, more and more countries along the Belt and Road have begun to cast their sights on the Chinese market and export their products to China.To get more news about the 5th china international import expo, you can visit shine news official website.

To date, more than 80 per cent of the planned business exhibition area for the fifth CIIE, to take place in Shanghai from Nov 5-10, 2022, has been reserved, it said in a statement.The CIIE, a major platform for international procurement, investment promotion, cultural exchanges and open cooperation, had been held successfully for four consecutive years.

It is widely regarded as an international public good and the multinational trading system, as well as a pivotal carrier for building an open world economy and a community with a shared future for mankind.

“With so many showing their interest, space will be filling up fast. Be sure to sign up for the fifth edition before time runs out.

“More than 260 Fortune Global 500 companies and industry leaders will attend the expo this year,” it said.

In addition, a new World Openness Report and World Openness Index will be released at the Hongqiao International Economic Forum, a major part of the expo.
As the fifth CIIE approaches, exhibits are arriving in Shanghai via various means. On Sept. 20, the first batch of inbound exhibits, with a declared value of 560 million yuan (about 78.7 million U.S. dollars), cleared customs at the Shanghai Pudong International Airport.

The China-Europe freight train has also become a popular choice of transportation among companies attending the CIIE, said Wang Jinqiu, chairman of Shanghai Oriental Silk Road Multimodal Transport Co., Ltd., adding that this is the second year that the service has delivered products to the CIIE in Shanghai.
According to Shanghai Customs, the peak of exhibit arrivals is expected to occur in October. Shanghai Customs said it will continue to optimize the clearance process of exhibits and provide safe, convenient, and efficient customs clearance services.

Sun Chenghai, deputy director of the CIIE Bureau said the work of inviting enterprises to participate in the fifth CIIE had been completed and positive progress is being made in terms of setting up exhibitions.

Thousands of miles away, Roy van den Hurk, general manager of Theland Global R&D at Milk New Zealand Dairy, is busy applying for his visa to attend the coming 2022 expo.

"China's huge consumer market helps foreign trade enterprises like us to find opportunities in the green food industry and promote global economic recovery," said van den Hurk, who has participated in the event three times.

The expo has helped the New Zealand company to embark on the "fast track" of development in China, van den Hurk noted, as Theland is now even available in supermarkets in small counties in central and western China.

The Fifth China International Import Expo Embraced

A major platform for international procurement, investment promotion, cultural exchanges and open cooperation, the China International Import Expo (CIIE) has been held successfully for four consecutive years and is widely regarded as an international public good and the multilateral trading system, as well as a pivotal carrier for building an open world economy and a community with a shared future for mankind.To get more news about international import expo china, you can visit shine news official website.

Since its inception in 2018, the CIIE has been growing in scale and influence. The area of its business exhibition increased from 270,000 square meters in 2018 to 366,000 square meters in 2021. Exhibitors at the past four CIIEs launched more than 1,500 new products, technologies and services and clinched tentative deals worth over $270 billion.

As the CIIE enters its fifth year, multinational exhibitors have continued to express hope in participating in this year’s edition in November.

At an online ceremony held recently, more than 30 heavyweight companies and institutions signed agreements to attend the fifth CIIE, demonstrating their optimism about the Chinese market.

Marc-Antoine Jamet, secretary general of LVMH, hailed China as a vibrant, huge and growing market and a major source of inspiration for the group at the ceremony. He added holding the CIIE as scheduled against the backdrop of COVID-19 showcases China's confidence and its bright economic prospects.

Among the contracted enterprises were not only firms with longstanding ties to China and the CIIE like LVMH, Bristol-Myers Squibb and Marubeni but also newcomers such as Gilead Science, Rio Tinto and BHP Billiton.

So far, more than 80 percent of the planned business exhibition area has been reserved and more than 260 Fortune Global 500 companies and industry leaders will attend the expo.

Many countries have confirmed their participation in the country exhibition, while a new World Openness Report and World Openness Index will be released at the Hongqiao International Economic Forum, a major part of the expo.