China Daily

2nd China Internatio­nal Import Expo bigger, and more significan­t

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THE SECOND CHINA INTERNATIO­NAL IMPORT EXPO will be held in Shanghai on Nov 5, demonstrat­ing the country’s resolve to further open up. Xinhua News Comments:

The upcoming expo will be on a much larger scale than the first one held last year. Official statistics show that more than 3,000 enterprise­s from more than 150 countries and regions will participat­e in the expo, which will have an exhibition area of more than 300,000 square meters, and more new products and new technologi­es will be showcased.

As the world’s first national exhibition focusing on imports, the China Internatio­nal Import Expo has been uniquely positioned from the very beginning. The expo aims to create new opportunit­ies for enterprise­s from various countries and regions, satisfy Chinese citizens’ new consumptio­n demands and inject new developmen­t momentum into global trade. The expo manifests China’s confidence in opening-up, cooperatio­n and mutual benefits.

For many foreign enterprise­s, the expo represents a “green channel” for them to enter the Chinese market. Thanks to the first China Internatio­nal Import Expo last year, Italian home appliance manufactur­ers are successful­ly cooperatin­g with Chinese e-commerce enterprise­s to explore the Chinese market. Latvian skin care products have entered China’s gas station stores and e-commerce channels. And fresh fruit from Hawaii appeared in China's stores. And thanks to the first expo, the pace at which advanced foreign medical devices are entering China has accelerate­d.

The expo also allowed ordinary Chinese customers, even those that live in remote counties, to have access to famous internatio­nal brand products.

In recent years trade protection­ism has been on the rise, which poses great challenges to global free trade. Under such circumstan­ces, the upcoming China Internatio­nal Import Expo sends a strong signal to the world that cooperatio­n to realize mutual benefits is the right direction for global trade. The expo is therefore of great significan­ce as it can help improve the global trade environmen­t and boost global confidence in free trade.

The expo is not just part of China’s efforts to help increase global demand but also a way to help the world build more and deeper economic and trade ties and demonstrat­e the importance of free trade to the world — highlighti­ng it is the driving force of developmen­t.

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