Organizing Work of First China International Import Expo on Fast Track

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Organizing Work of First China International Import Expo on Fast Track

Canada NewsWire

SHANGHAI, March 23, 2018 /CNW/ -- Exhibition Organizers from over 165 countries are already scheduled to participate in the first China International Import Expo (CIIE), which will take place at the National Exhibition and Convention Center in Shanghai from November 5-10, 2018. The first CIIE is also expected to attract upwards of 150,000 buyers from China and across the world.

Exhibitor signing participation contract with CIIE Bureau

Created to serve as a platform for the promotion of global trade, more than 1,300 companies from over 120 countries and regions, including dozens of Fortune 500 companies and leading companies from all industries, have already registered for the event. So far, companies from Asia represent 35 percent of exhibitors, followed by Europe with 32 percent, the Americas with 16 percent, Oceania with 11 percent and Africa with 6 percent.

"The early registration numbers for the first CIIE are outstanding; we're incredibly pleased with the intense interest that we've received from the international community so far," said Sun Chenghai, Deputy Director General of the CIIE Bureau. "With the growing enthusiasm from buyers, many exhibitors have repeatedly applied to increase their booth size and upped their budgets. We are looking forward to welcoming so many outstanding foreign enterprises and working together to enhance the development of international trade."

Some of the high-profile companies already conformed to attend include:

  • Information technology giant Dell will showcase its world-leading innovations and solutions in the area of high-end, smart equipment.
  • Microsoft will display its latest R&D result - HoloLens, which will project 3D effects with a first-person view.
  • Global food company DANONE will introduce its infant formula milk powder, high-end mineral water, medical nutrition products and organic products to Chinese consumers to satisfy people's increasing demand for high-quality products.

Official figures show that imports into China in 2017 totaled almost RMB 12.5tn (USD 1.95tn), an 18.7% increase compared to 2016. This figure is expected to rise to USD 8tn over the next five years as China, the world's second largest economy and second largest importer, continues its progression into new stages of development.

Supporting the development of international trade is a top priority for the Chinese government, and CIIE is seen an important part of this strategy, with Wang Yang, member of the Standing Committee of the Political Bureau of the CPC Central Committee, highlighting the coming event during his remarks at this year's first annual session of the 13th National People's Congress. Zhong Shan, Minister of Commerce, used an often-used musical metaphor to stress that CIIE is not a Chinese "solo" but an international "chorus".

Other governments and major international trading organizations also recognize the importance of CIIE. Japan external trade organization has reserved 10,000 square meters for exhibition, the U.S.-China Business Council has booked more than 2,500 square meters for exhibition, while Brazilian organizer FIESP will bring over 70 companies. 4 exhibition organizers from Australia have booked a total area of over 1,000 square meters. The Singapore Business Federation, the Ministry of Commerce of Thailand and the Indonesian Chinese Chamber of Commerce have all reserved an area of more than 1,000 square meters. In addition, nearly 100 companies from 25 Least Developed Countries (LDCs) have registered.

The French government will send senior officials and a large corporate delegation; the Russian government has accorded great importance on CIIE and set up a special coordination committee; and the German Federal Ministry for Economic Affairs and Energy said that Germany will actively use CIIE's platform to showcase their products and services.

The first China International Import Expo is hosted by the Ministry of Commerce of the People's Republic of China and the Shanghai Municipal People's Government, and is supported by the World Trade Organization, the United Nations Conference on Trade and Development and the United Nations Industrial Development Organization.

For more information, please visit: http://www.ciie.org/

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/organizing-work-of-first-china-international-import-expo-on-fast-track-300618625.html

SOURCE China International Import Expo

View original content with multimedia: http://www.newswire.ca/en/releases/archive/March2018/23/c4620.html

Copyright CNW Group 2018

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).