China’s 7th China International Import Expo (CIIE) is making waves, showcasing the nation’s dedication to global trade and high-level opening-up. Amid global economic challenges, China is opening its doors wider than ever, inviting businesses from around the world to seize new opportunities.
Premier Li Qiang emphasized the importance of openness in his keynote speech, highlighting how trade connects civilizations and fosters growth. The CIIE serves as a powerful platform for international trade, making it more accessible for all countries, big or small.
This year’s expo boasts a record attendance, with 297 Fortune Global 500 companies and industry leaders participating. Over 1,130 foreign enterprises are connecting with Chinese markets, eager to tap into the potential of over 1.4 billion consumers.
Global companies like Shiseido and AstraZeneca are finding success through the CIIE. “We’ve seen firsthand just how influential the expo can be for our business,” said Toshinobu Umetsu, President and CEO of Shiseido China. AstraZeneca has invested heavily in China’s healthcare sector, seizing new opportunities through the expo.
Inclusivity is at the heart of the CIIE. The expo supports enterprises from least-developed countries by providing free exhibition booths and expanding zones for African products. Jackson Mponela from Tanzania Future Enterprises expressed hope to capture the vast Chinese market with their honey products.
Innovation and high-quality development are also key themes. The expo features cutting-edge technologies like augmented reality experiences, AI-powered robots, and astronomical satellite models, exploring pathways to sustainable development.
China continues to roll out policies to promote international trade and attract foreign investment. By offering zero-tariff treatment to the least developed countries and removing market access restrictions, China is fulfilling its promise to open up and share growth with the world.
The CIIE stands as a testament to China’s commitment to global cooperation and mutual benefit. As the world navigates economic uncertainties, China’s door remains open, offering a platform for shared prosperity and innovation.
Reference(s):
cgtn.com
