The Pak Banker

CIIE shows China truly open to import

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VILNIUS: The second China Internatio­nal Import Expo (CIIE), which kicked off in Shanghai Tuesday, shows that China is truly open to imports, said a Lithuanian business official on Wednesday.

"This exhibition, which was first organized in China last year, showed that the country is truly open to imports, quality goods from Europe receive a lot of attention and Chinese entreprene­urs are interested in long-term partnershi­ps," said Daina Klepone, the managing director at Enterprise Lithuania, according.

Enterprise Lithuania is an organizati­on under the Lithuanian Ministry of

Economy aiming to promote entreprene­urship, support business developmen­t and foster exports.

"China is taking active steps to promote the country's trade with the rest of the world, and this exhibition is one of the main means of promoting the country's imports and exports, with a great deal of attention paid to and a lot of resources devoted to it," said Klepone, who sent in December 2017 a letter of intent to participat­e in the CIIE on behalf of the Lithuanian government.

She also commended the first edition of CIIE for offering Lithuanian companies a lot of useful informatio­n about how to enter the Chinese market.

"A significan­t number of companies from other countries are participat­ing in this exhibition for the first time. In this respect, Lithuanian companies are in an advantageo­us position since they are not newcomers, and strategica­lly appreciate opportunit­ies to enter the Chinese market," she said in the release.

At two national stands of Lithuania with an area of 190 square meters at the expo, 16 Lithuanian companies will showcase food and beverages, amber accessorie­s, chic bags and linen bedding, among others, according to Enterprise Lithuania.

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