Import expo injects new driving force into global economy
By Peng Fei
The second China
International Import Expo (CIIE) is set to become one of the most expected and
outstanding international events at the end of the year, with expanded scale, better
quality and stronger influence than its first session.
More than 3,000 enterprises
from over 150 countries and regions, and more than 500,000 buyers and visitors
from home and abroad have signed up for the expo. The average exhibition area
owned by each enterprise stands at 93 square meters, an increase of more than
20 percent from the first CIIE.
From July to October, the
organizing committee of the CIIE received about 70,000 phone calls for
inquiry, 21,000 more than those in the last year.
At the first CIIE, there were
17 kinds of certificates, and some participators had to take many with them as
they had different identities. This year, the number was reduced to five to
better facilitate the attendees.
Besides, the CIIE media
center will hold several press conferences for different organizations to
release latest policies, research outcomes and annual reports. In addition, an
experience zone, an activity area, and a place
for business negotiations were established to promote
purchasing and business matchmaking.
While learning
from the successful experiences and practices of its inaugural version, the second CIIE underscores
innovation in running the exhibition, with an aim of building itself into a
platform for business cooperation and information
sharing.
The CIIE has created huge
spillover effect, as its appeal and influence keep expanding. To turn the
exhibits into commodities and develop the 6-day event into an all-year-round
activity, Shanghai has established 30 permanent trading platforms to display
global imports during the 6-day expo and the year after.
The Hongqiao Import Commodity
Exhibition and Trading Center in Shanghai opened in May is a major platform
under such scheme, where bonded exhibition, transaction, logistics, storage and
customs clearance services are all available. By October, more than 400 brands
and 2,500 products from 26 countries have entered the center.
Meanwhile, the
spillover effect is also pushing mechanism construction. To ease customs
clearance, Shanghai Customs
has set up an exclusive office at the National Exhibition
and Convention Center (Shanghai), the venue of the CIIE. Today, the office has
become a regular facility, providing comprehensive support and services for
other international exhibitions.
The CIIE reflects China’s
strong resolve and actions to open its market to the world. Turning into an
ongoing process, it has gained wide applause from domestic and foreign
merchants.
At the first CIIE, it took
just 72 hours for a dairy company from New Zealand to deliver its fresh milk
from the place of origin to Chinese consumers. In less than a year, the company
has extended its offline sales channels to 26 provincial-level
administrative regions in China, and made its products attainable
for customers in all provincial-level administrative regions in China on online
platforms.
After the first CIIE, Chinese
consumers in third-and fourth-tier cities or even remote mountainous regions
could have access to products exhibited at the expo.
The Leksell Gamma Knife Icon
by Swedish medical equipment producer Elekta made its debut in China at last
year’s CIIE. The cutting-edge instrument has been put into use in Shanghai
since February 2019, having served more than 2,000 patients so far.
It proves that the CIIE could
not only promote trade balance, but also become a part of people’s lives,
bringing a concrete sense of gain to them.
Last
month, the International Monetary Fund lowered its global growth forecast for
2019 to 3 percent in its latest World Economic Outlook report. One of the main
reasons for the reduction is the uncertainties of global trade.
Against
the backdrop of rising trade protectionism and anti-globalization, the CIIE,
which will only become better, has not only manifested China’s determination to
expand opening-up, but also injected new driving force into global
economy.
(Source: People’s
Daily)
The photo shows the main
venue of the second CIIE. (Photo by Weng Qiyu from People’s Daily Online)
Import expo injects new driving force into global economy
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