/Economic Review/ Hosting the upcoming Import Expo underscores China's commitment to shared prosperity

Translation. Region: Russian Federal

Source: People's Republic of China in Russian – People's Republic of China in Russian –

An important disclaimer is at the bottom of this article.

Source: People's Republic of China – State Council News

SHANGHAI, Oct. 5 (Xinhua) — In exactly one month, the eastern Chinese metropolis of Shanghai will once again step onto the global stage with the China International Import Expo (CIIE), underscoring China's commitment to further opening up to the outside world and sharing development opportunities with the rest of the world.

The CIIE, first held in 2018, opened a new chapter in the history of global trade. Since then, the expo has consistently expanded its scope and improved its effectiveness.

As the world's first national-level import-focused expo, the CIIE has showcased nearly 3,000 new products, technologies and services over the past seven years, with the transaction volume of IOUs for goods and services exceeding US$500 billion during the year.

Against the backdrop of growing instability and uncertainty in the global economy and trade, holding the 8th CIIE is of particular significance, said Wu Zhengping, Deputy Director-General of the CIIE Bureau.

GLOBAL MEETING

Dozens of countries and international organizations have confirmed their participation in the upcoming event's comprehensive national exhibitions, with Kyrgyzstan joining for the first time. More than 3,200 enterprises from over 110 countries and regions have signed up to participate in the business event, which covers 360,000 square meters of exhibition space.

Preparations for the exhibition are in full swing. The first batch of exhibits, comprising 279 items from Germany, arrived in Shanghai on September 26, including many debutants on both a global and regional scale. In addition, cargoes from New Zealand and the South Pacific island nations, such as dairy products and coconut oil, are also heading to Shanghai.

Theland Asia Pacific Region General Manager Sheng Wenhao noted that over the past eight years, CIIE has not only witnessed but also facilitated the company's development, enabling it to establish partnerships with dozens of professional buyers and expand its reach to more than 5,000 retail outlets in 25 provincial-level regions in China.

Despite growing global uncertainty, the CIIE continues to serve as a bridge, enabling everyone to access development opportunities and enabling countries in the Global South and least developed countries to access new markets and expand trade links.

For the first time, this year's CIIE will set aside a special exhibition area for products from least developed countries that have established diplomatic relations with China, to help their enterprises fully utilize the zero-tariff policy and tap into China's vast market.

OPPORTUNITIES ON THE BIG STAGE

Innovation will be a key highlight of the exhibition, as leading companies and enterprises will showcase their latest products, confirming CIIE's status as a showcase for the world's most advanced technologies.

German healthcare and agribusiness giant Bayer, a regular participant at CIIE, will showcase its products in two 800-square-meter sections. Bayer will showcase 25 exhibits, five of which will be unveiled globally, ten will be making their Chinese debut, and ten will be debuting at CIIE.

“We will continue to invest in China, accelerate investment, and work hand in hand with industry partners to grow together and share China’s development opportunities,” said Antia Zhang, vice president of public affairs for Bayer Group Greater China.

Siemens Mobility Greater China CEO Jürgen Model said the company will present its integrated digital solutions platform and digital maintenance solution for rail vehicles, focusing on innovative artificial intelligence applications in the field of intelligent maintenance and lifecycle management of railway signaling systems and rail vehicles.

“For Siemens Mobility, the China International Import Expo has become an invaluable platform for showcasing our latest innovations and identifying new opportunities to collaborate with our partners to create solutions that meet the specific needs of the Chinese market,” Yu Model told Xinhua News Agency.

This year, the exhibition also provides small and medium-sized enterprises (SMEs) from around the world with the opportunity to shine on the big stage. More than 80 international business associations from over 50 countries and regions will be representing over 1,500 SMEs at the CIIE.

Dorothy Tembo, Deputy Executive Director of the International Trade Centre, explained that in recent years, SMEs from Africa, Asia, and Latin America have brought a wide variety of products to the exhibition—from Ethiopian coffee and Rwandan chili peppers to Nepalese cashmere. Thanks to their participation, many of these products have now become favorites among Chinese consumers, she noted.

“We look forward to seeing this same magic in action at CIIE 2025, and the excitement won’t stop there,” added D. Tembo. -0-

Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.