The golden autumn is strong, and there is a promise in the east. The 7th China International Import Expo will be held in Shanghai from November 5th to 10th.
The China International Import Expo (CIIE) is the world's first national level exhibition with an import theme, and a major innovation in the history of international trade development. Holding the China International Import Expo is a major decision made by China to promote a new round of high-level opening up to the outside world, and a major measure taken by China to actively open up its market to the world. President Xi Jinping profoundly expounded the profound significance of holding the Expo.
By successfully hosting consecutive CIIE events, China has built a cooperation platform that connects goods to the world and shares them globally with a broad mind. The stories of "coming with the tide and returning with satisfaction" have injected confidence into the weak world economy.
In the next six days, the 7th CIIE will witness the charm of China's super large market, gather the aspirations of different countries for open innovation cooperation, and prove that only open cooperation can create a better future.
Promise is as valuable as gold - 'Make the Chinese market a shared global market'
From an aerial view, the Shanghai National Convention and Exhibition Center looks like a blooming "four leaf clover" welcoming guests from all over the world.
All kinds of exhibition booths, including national exhibitions, corporate exhibitions, and cultural exchange activities, are ready. The overall exhibition area will exceed 420000 square meters, with 297 Fortune 500 companies and industry leaders, as well as nearly 800 procurement groups from multiple countries participating, setting a new record in history.
A promise is priceless, the better it gets.
The China International Import Expo not only needs to be held every year, but also needs to be held at a high level, achieve results, and become better and better. It should fully play its role as a platform to promote high-level opening up, and make the Chinese market a shared market for the world. "President Xi Jinping's solemn commitment is resounding.
Since its first edition in 2018, the CIIE has continued to serve as the "four major platforms" for international procurement, investment promotion, cultural exchange, and open cooperation, becoming a window for building a new development pattern, a platform for promoting high-level openness, and a globally shared international public product.
Riding on the boat of cooperation, the CIIE injects warmth into the sluggish world economy——
National exhibition, a platform that showcases the images of various countries and opportunities in the field of trade and investment. This year, 77 countries and international organizations participated in the exhibition, exceeding the number from the previous edition.
France, one of the guest countries. The French Business Investment Agency stated on its official website that the CIIE is an important political and business initiative, and the previous six editions of the CIIE have proven its extraordinary influence. The vitality of the Chinese consumer market, combined with policies such as the lifting of visa or industry restrictions, the opening of service markets, and the strengthening of intellectual property protection frameworks, provides opportunities for French companies.
Currently, the world economy is experiencing sluggish growth, trade protectionism is on the rise, and openness and opportunities have become scarce resources. Behind the promotion of trade growth by the CIIE is the win-win situation for people all over the world, "said Roy Vandenko, CEO of New Zealand Dairy Limited, who is traveling from New Zealand for the sixth time to the CIIE.
Raise the sail of openness, the CIIE continues to empower China's high-quality development——
At this year's CIIE, the six exhibition areas of food and agricultural products, automobiles, technology and equipment, consumer goods, medical equipment and healthcare, and service trade will be upgraded and upgraded. More than 400 representative new products, technologies, and services will be showcased in a concentrated manner. 39 government trading delegations and 4 industry trading delegations, totaling 780 sub delegations, will participate in the procurement, the largest number in history.
Aiming at cutting-edge innovative technologies and advanced machinery and equipment, China Machinery Industry Group Co., Ltd. plans to increase its procurement efforts for high-end equipment, imported vehicles, high-quality agricultural products, bulk commodities, etc. at this year's CIIE.
We will strengthen 'going out' and 'bringing in' through the CIIE, promote the high-end, intelligent, and green development of the manufacturing industry through practical actions, and deepen international cooperation in the industrial and supply chains, "said Zhou Kaiquan, member of the Standing Committee of the Party Committee and Deputy General Manager of China National Machinery Industry Corporation.
Gather the power of openness and gather the momentum of innovation. China's high-quality development continues to inject positive energy into the prosperity and development of the world economy. Recently, institutions such as UBS and Goldman Sachs have raised their expectations for China's economic growth this year. Bloomberg, based on the latest forecast from the International Monetary Fund, has concluded that China will continue to be the largest contributor to global growth in the next five years.
Open Cooperation - "Providing New Opportunities for the World with China's New Development"
Through the CIIE, we have seen tremendous opportunities in the Chinese market, "said He Mochi, Executive Director of Scania China Group and General Representative of Chuantuo China Office, a Swedish truck giant who made his second appearance at the CIIE. The commercial vehicle factory invested and built by the company in Rugao, Jiangsu is expected to be completed by the end of 2024, and new products will be launched in other markets in China and Asia by 2025.
Openness is the core concept of the CIIE and a distinctive symbol of contemporary China.
The Third Plenary Session of the 20th Central Committee of the Communist Party of China made a special chapter deployment on "improving the high-level opening-up system and mechanism", and put forward a series of clear requirements such as "steadily expanding institutional opening-up", "deepening foreign trade system reform", and "deepening foreign investment and foreign investment management system reform".
Proactively expanding imports, continuously relaxing market access, implementing the Foreign Investment Law, implementing the strategy of upgrading the pilot free trade zone, and accelerating the construction of the Hainan Free Trade Port... A series of opening-up measures announced at previous China International Import Expo have gradually been implemented, proving with practical actions and achievements that China's door to openness will only open wider and wider.
From November 8, new staff from 9 countries will come to China without visa; On November 1st, the latest negative list for foreign investment access was officially implemented, and the restrictions on foreign investment access in the manufacturing industry were cleared to zero; Revise and release the "Management Measures for Strategic Investment of Foreign Investors in Listed Companies" to further expand the channels for foreign investment in the securities market; Allow the establishment of wholly foreign-owned hospitals in 9 cities including Beijing, Tianjin, and Shanghai; Establishing a negative list management model for cross-border service trade nationwide... Since the beginning of this year, China has been advancing high-level opening-up towards a larger scope, wider fields, and deeper levels.
Promoting reform, development, and innovation through a new round of high-level opening-up is the only way to achieve high-quality development in China and create new opportunities for world development.
In his letter to the 6th CIIE, President Xi Jinping expressed his hope that the CIIE will accelerate the enhancement of its window function for building a new development pattern, and provide new opportunities for the world with China's new development. He put forward new expectations and conveyed positive signals.
In the exhibition area of the China Pavilion at this year's CIIE, exhibits such as the quantum science experimental satellite "Mozi" model, Chang'e-6 model, humanoid robot "Tiangong", and low altitude economic electronic interactive sand table confidently appeared, demonstrating China's new atmosphere of accelerating the cultivation and development of new quality productivity.
China not only has market resources and manufacturing advantages, but also is a country of innovation and engineering, "said Tetsuhiro Honma, Global Vice President of Panasonic Corporation and Group's General Representative for Northeast Asia. China is one of the overseas markets that Panasonic Group attaches the most importance to, and in recent years, it has continued to increase its investment in China.
Nearly 2500 representative debut new products, technologies, and services have been showcased at the first six CIIE, with a cumulative intended transaction volume exceeding 420 billion US dollars; More than 1130 foreign-funded enterprises and investment promotion agencies have been organized to carry out precise docking in various places, and many exhibitors have opened new stores, factories, and research and development centers in China.
This year, Schneider Electric, known as "Quanqin Sheng", brings digital solutions covering the entire industrial lifecycle; Michelin, the tire manufacturer participating in the fourth exhibition, will make its Asian debut with "non inflatable tires for lunar exploration vehicles"; Sports lifestyle brand Lululemon will make its debut at the CIIE
Chinese consumers who place greater emphasis on healthy lifestyles are unleashing greater consumption potential, "said Calvin McDonald, CEO of Lululemon. The group has over 130 stores in China, which has become its global business growth engine.
Relying on China's super large market advantage and conforming to the development trend of Chinese path to modernization, this Expo will set up a new material area for the first time, innovate and curate the auto exhibition area, meticulously create a healthy elderly care area, and constantly share new opportunities for China's development with the world.
From the least developed countries to developed countries, from family owned small businesses to multinational corporations, from the African continent to the heartland of Asia, the Chinese market is full of magnetism, and the "circle of friends" of the CIIE is becoming larger and larger.
Co create the future - 'Let cooperation and win-win benefit the world'
On the morning of October 8th, at Yangshan Port in Shanghai. The first batch of 22 tons of avocados imported from South Africa have cleared customs and entered the country, which is a concrete manifestation of the achievements of China Africa economic and trade cooperation.
During the Beijing summit of the Forum on China-Africa Cooperation of the Forum on China Africa Cooperation in 2024, China will increase cooperation with Africa in agricultural products. President Xi Jinping pointed out that China is willing to take the initiative to unilaterally expand market opening, and has decided to grant 100% tariff free treatment to all least developed countries, including 33 African countries, that have established diplomatic relations with China, promoting China's large market to become a great opportunity for Africa.
Inviting 37 least developed countries to participate and providing over 120 free exhibition booths, expanding the African product zone, and offering suggestions and recommendations for inclusive growth of the least developed countries at the Hongqiao Forum... The 7th CIIE will take practical measures to fulfill President Xi Jinping's commitment of "making cooperation and win-win benefits the world".
Currently, the global economic recovery lacks momentum and requires countries to work together and seek common development. President Xi Jinping emphasized that China will always be an important opportunity for world development, and will firmly promote high-level opening up and continue to push economic globalization towards a more open, inclusive, balanced, and win-win direction.
Qualcomm will showcase advanced technologies represented by "5G+AI" at the CIIE this year, empowering innovative practices in various industries.
For Qualcomm, China is not only a market with enormous potential, but also an opportunity to establish strong cooperation with ecological partners and achieve win-win results in the global market, "said Meng Pu, Chairman of Qualcomm China.
Since 2018, the total exhibition area of American companies at the CIIE has ranked among the top, and more and more American companies are gaining a better understanding of the Chinese market and deepening their cultivation of the Chinese market through participating in the CIIE.
It has been proven that economic globalization is a historical trend and a current of the times. The CIIE continues to witness that friendly cooperation and mutual benefit are the trend of world development and the will of the people.
Saudi Arabia is currently constructing two advanced high-efficiency gas combined cycle power plants, which will be equipped with Siemens Energy gas turbines, steam turbines, and generators. This cooperation stems from the strategic partnership agreement signed between Siemens Energy and China Energy Construction Group at the 6th CIIE, jointly embracing new opportunities for global energy green and low-carbon transformation.
There is ample evidence to suggest that when countries cooperate, everyone benefits. When uncertainty increases, the value of cooperation becomes even more prominent, "said IMF Managing Director Georgieva recently when discussing the current challenges facing the world, such as high debt levels and slowing economic growth.
From continuing to hold the World Expo, the World Trade in Services, and the Canton Fair, to actively participate in multilateral cooperation mechanisms such as the United Nations, the World Trade Organization, the Group of 20, APEC, and the Shanghai Cooperation Organization, to promote high-quality joint construction of the "the Belt and Road", and actively participate in global governance to address climate change, China has gathered global cooperation forces with practical actions.
The road is at your feet, and the light is ahead. The CIIE will show the world that China is always willing to work with other countries to practice true multilateralism, gather more open consensus, overcome the difficulties and challenges faced by global economic development, and bring new bright prospects for global development through openness.