Feb. 11 – Foreign small and medium-sized enterprises have shown strong interest in participating in the 2nd China International Import Expo (CIIE) 2019 in Shanghai, with more than 10,000 square meters of exhibition space booked. More than 30 overseas institutions which organize SMEs to attend and signed agreements on cooperation with the 2nd China International Import Expo 2019, according to the organizers.
China’s Large Market with a Population of nearly 1.4 Billion
The China’s large market with a population of nearly 1.4 billion, and China’s focus on promoting a new round of high-level opening-up. China is expected to import more than $30 trillion worth of goods and $10 trillion worth of services over the next 15 years, which is not only a stable source for global economic growth, but also an important opportunity for the development of companies from all countries around the global. The 2nd China International Import Expo – CIIE will be on November 2019 in Shanghai. up to now, more than 500 companies from about 40 countries and regions have confirmed participation in The 2nd China International Import Expo (CIIE), scheduled in early November 2019, including over 70 Fortune Global 500 firms and leading enterprises in various industries, according to Zhou Lingyan with the CIIE bureau. About 80% of the companies participated in The 1st China import expo in 2018, and most of them plan to expand their exhibition area in 2019, said Zhou. The 1st China import expo (CIIE) in 2018 made deals worth about 57.83 billion U.S. dollars. it is predicted that The 2nd China import expo (CIIE) in 2019 will seal much more worthy deals. Companies can apply for participation by themselves or via institutions such as chambers of commerce or trade associations.
French Sectors Anticipate 2nd China International Import Expo 2019
French politicians and companies are looking forward to the second China International Import Expo (CIIE) this year, after benefiting from attending the first one in Shanghai in 2018. “The China International Import Expo is not only a window opened by China for the import of products from all over the world, but also will play an active role in promoting the globalization of trade,” L’Oreal China CEO Stephane Rinderknech told Xinhua. Cosmetic Group L’Oreal and Lesaffre Group hope to further develop the Chinese market. France played an important role during the 1st CIIE. Minister of Agriculture Didier Guillaume, representing French President Emmanuel Macron, led a delegation of about 100 people and 69 French companies to the expo, which featured more than 10,000 square meters of booth area and a total turnover of $1.55 billion. “China International Import Expo is one of the most important trade activities in the world and will be an indispensable event in future world trade,” former French Prime Minister Jean-Pierre Raffarin stated, He expects that French enterprises participating in the CIIE will be able to achieve better turnover and export more high-quality goods to China. In 2018, the bilateral trade volume between China and France surpassed $60 billion for the first time, with a 15.5 percent increase compared with the year before.
Australia Accepts Invitation to 2nd China International Import Expo 2019
Although the inaugural China International Import Expo (CIIE) took place just one month ago in Shanghai, the wheels are already in motion to make the second event even bigger, and for Aussie exporters looking to grow their market share in China. With the success of the first expo that came together in early November under the theme of “New Era, Shared Future,” more than 3,600 exhibitors from all over the world gathered to establish a better platform for international trade and investment. At the forefront of this push to promote stable global growth, over 200 Aussie brands were on show in Shanghai, making Australia’s presence at the event the sixth largest in size and the third biggest in terms of the number of products. As the two-way trade between China and Australia continues growing, well-known organizations like Metcash, Australia Post, Swisse and Blackmores were a major part of the first CIIE. But for some smaller outfits, the event was an opportunity to debut in China and begin their inroad into the bountiful Chinese consumer market with products like fresh produce, meat, diary, wine, healthcare and renewable energy considered to be huge potential areas of growth for Aussie companies to the Chinese market with a population of 1.4 billion.
Pakistan to Participate in 2nd China International Import Expo 2019
Pakistan has formally been invited to participate in the second China International Import Expo (CIIE) which is scheduled to be held in early November in Shanghai. According to sources, the import expo will provide an opportunity to Pakistani manufacturers and producers to display their products at the expo in a bid to enhance exports to China. China has granted “Guest of honour” status to Pakistan to ensure provision of maximum possible benefits to the business community of Pakistan. Pakistan had also participated in the last year’s expo where many Pakistani companies showcased their products.