6th China International Import Expo (CIIE): Uniting the World in Shanghai for Global Trade Opportunities
JOIN ME AT 6TH CHINA INTERNATIONAL EXPO (CIIE) AT SHANGHAI, CHINA FROM 5TH TO 10TH NOVEMBER 2023
It is a great pleasure to be participating in this international business opportunity tagged 6th China International Import Expo (CIIE) taking place at the Hongqiao International Economic Forum in Shanghai, China says Lady Aminna Jarju from the Gambia, one of the selected businesses representing the Gambia at this year’s China International Expo.
She is in China alongside 4 other Gambia businesses. Also present with them in China is the Honorable Minister of Trade, Industry, Regional Integration and Employment, Hon. Baboucarr Ousmaila Joof and the Gambia Consulate in Shanghai, China has been most helpful to the participants by facilitating their accommodations and other necessities for their stay in China.
The business Expo was declared open today, 5th November by the Chinese Premier Li Qiang where he vowed to continue with efforts to further expand opening up and share China’s development opportunities with the rest of the world particularly Africa.
The premier also vowed that China will continue to ease market access and implement policies to remove all restrictions on foreign investment’s access in the manufacturing sector.
Premier Li made the remarks during his keynote speech at the opening ceremony of the sixth China International Import Expo (CIIE). He said that China will continue to promote the greater opening up of market opportunities, adding that China has a population of over 1.4 billion people and a middle-income group of over 400 million people, presenting huge potential in terms of market demand.
Noting that China has always been willing to share its market opportunities, Li said the country will actively expand imports, promote coordinated development of trade in goods and services, implement negative lists for cross-border service trade, support innovation in foreign trade formats and models, and boost digital trade.
China’s imports of goods and services are expected to reach 17 trillion U.S. dollars in cumulative terms in the next five years, according to him.
China will protect foreign investors’ rights and interests in accordance with the law, and continue to provide a business environment that is market-oriented, law-based and up to international standards, Li said.
He reiterated China’s commitment to pushing forward opening up with stronger innovation momentum. “China is willing to step up cooperation with all countries in innovation, facilitate the deep integration of science and technology with the economy, promote the sharing of innovation results, and strive to remove barriers that hamper the flow of knowledge, technology, talent and other factors of innovation,” Li said.
China will continue to promote greater inclusiveness and sharing of opening up, Li said, adding that the multilateral trading system with the World Trade Organization (WTO) at its core is the cornerstone of economic globalization and free trade, as well as an important guarantee for the steady recovery of the world economy.
China will always stand on the right side of history, follow the logic of progress of the times, firmly oppose unilateralism and protectionism, resolutely uphold the authority and effectiveness of the multilateral trading system, fully and deeply participate in the reform of the WTO and promote the early entry into force of the Investment Facilitation for Development agreement, he stressed.
The premier hailed the CIIE as “a big platform full of opportunities.”
In the previous five editions, 131 countries and international organizations participated in country exhibitions, with nearly 2,000 new products, technologies and services making their debuts and a total intended turnover reaching nearly 350 billion U.S. dollars. U.S. companies have ranked first in terms of exhibition area at the CIIE for several years in a row, Li said.
Li revealed that over 3,400 exhibitors have registered for the event this year, among whom over 200 have participated in the CIIE for six consecutive years.
As the global economic recovery lacks momentum, he called for joint efforts to contribute to an open world economy. “We sincerely hope to work with other countries to make efforts in the same direction and make mutual achievements on a grand stage of openness.”
The business exhibition continues till 10th November 2023. According to Lady Aminna Jarju of Amina Fashion’s, this is an awesome opportunity for her to network and market her products. This is her first time of participating but she does hope to participate in future events organized by the Chinese government.