11th China-Northeast Asia Expo kicks off
The 11th China-Northeast Asia Expo opened on Friday in Changchun, Jilin Province, drawing global attention to Northeast Asia to deepen international cooperation in the region through exchanges and cooperation, noted the organizers.
The expo’s purpose is to promote the Belt and Road Initiative in Northeast Asia and coordinate development of the Northeast Asian countries to jointly expand to the international market.
Approved by China's State Council, the event is an international fair attended by six Northeast Asian countries, namely China, Russia, Mongolia, Japan, South Korea and North Korea. It has become a platform for regional economic and trade cooperation, people-to-people exchanges, joint regional development of the Tumen River as well as the opening up of northeast China.
According to the organizers, this year’s expo was attended by senior executives from the world's top 500 enterprises and large multinationals such as Siemens, BASF, DuPont and Shell, and from China's central state-owned enterprises and large private firms. It also included exhibitions and seminars on advanced technologies in rail transit equipment, satellites, drones, smart equipment and robots, and 3D printing.
“The Northeast Asia region covers an area of 28.8 million square kilometers and has a total population of nearly 1.7 billion. The regional GDP accounts for one fifth of the world's total and half of the foreign exchange reserves. Driven by economic globalization and regional economic integration, the region has seen closer economic and trade ties and become one of the most dynamic regions in the world's economy,” stated expo officials.
Officials also note that in previous years, senior political figures from more than 100 countries and regions, and 620,000 businessmen have attended the past 10 sessions of the event, with transactions of commodities exceeding eight billion USD.