Exclusive: The importance of the CIIE for global trade and economic cooperation cannot be overstated – Kyrgyz media expert

Translation. Region: Russian Federation –

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

Bishkek, November 3 (Xinhua) — The China International Import Expo (CIIE) benefits entrepreneurs from both China and other countries. Its importance for developing global trade and economic cooperation cannot be overstated. This was stated in an interview with Xinhua by Kyrgyz media expert and political commentator Taalaibek Oroskulov ahead of the 8th CIIE, which will be held from November 5 to 10 in Shanghai, China.

"Every year, interest in this exhibition not only grows, but the areas represented at the event also expand," noted T. Oroskulov. "In general, there's a growing trend worldwide toward high-tech presentations. Globally, the importance of CIIE cannot be overstated—it's becoming a flagship platform for showcasing all modern, cutting-edge technologies, and a role model for many countries."

Moreover, according to the expert, the exhibition format not only allows visitors to see the very best of what has been created in various countries around the world but also to establish connections with future business partners from China and other countries. For China, such an event not only brings economic benefits but also helps build strong relationships with representatives from various countries.

"It's clear that openness and trusting relationships between partners are the foundation for entrepreneurs' prosperity. Chinese entrepreneurs have the opportunity to see global innovations in one place. At the same time, businessmen from other countries find more favorable conditions for scaling up their production in China, which ultimately leads to shared success," the Xinhua source noted.

In recent years, China has been steadily promoting high-quality openness to the outside world. "China is successfully operating in the global market, and this is facilitated not only by its powerful industrial and production potential, but also by its conceptual idea of open cooperation based on the principles of mutual respect and equal partnership," noted T. Oroskulov, adding that China remains committed to its concept, which entails clear agreements and the development of trusting relationships with partners at various levels.

“Mutual trust is the foundation of long-term relations, and this approach appeals to other countries, including the Central Asian states,” he emphasized.

China advocates for inclusive and comprehensive economic globalization and the creation of an open global economy. "Mutually beneficial economic cooperation between China and other countries leads not only to increased sales, and therefore to economic growth in China, but also to the economic development of its partners," the expert believes.

In his opinion, despite the fact that China is one of the largest economies in the world, it does not pursue a policy of superiority over other countries, but, on the contrary, proposes the concept of an open global economy, according to which every country is its equal partner, which is undoubtedly an attractive factor for all states, regardless of size, population or economic size.

T. Oroskulov also noted that Chinese initiatives such as the Belt and Road Initiative represent fundamental changes in the logic of modern trade and cooperation. "The principle of equality, mutually beneficial cooperation, and trade without protectionism and pressure is becoming dominant in the countries of the Global South today. And in these circumstances, the Belt and Road Initiative fits harmoniously into this paradigm," he noted.

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.