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The second Changhai International Expo Ospens on November 5-10, 2019

November 5, 2019

 

President Xi Jinping and guest at the International Expo, in Shaghai, November 5, 2019 xin

Xi hosts banquet for guests attending int'l import expo

Editor: huaxia

SHANGHAI, Nov. 4, 2019 (Xinhua) --

Chinese President Xi Jinping and his wife Peng Liyuan hosted a banquet Monday evening in Shanghai to welcome distinguished guests from around the world, who are here to attend the second China International Import Expo (CIIE).

The CIIE is designed to trade goods and services, exchange culture and ideas, welcome visitors from across the globe, benefit the whole world and respond to the aspirations of people from various countries to live a better life, Xi said.

Xi and Peng had photos with foreign leaders and their spouses, including French President Emmanuel Macron, Jamaican Prime Minister Andrew Holness, Greek Prime Minister Kyriakos Mitsotakis and Serbian Prime Minister Ana Brnabic.

On behalf of the Chinese government and people, Xi extended a warm welcome to foreign leaders and guests.

China has made remarkable achievements over the past 70 years since the founding of New China, especially during the country's 40-strong years of reform and opening up. "From the course of China's development, we realize that China will do well only when the world does well, and vice versa," Xi said.

In a short time, the CIIE started from scratch and quickly attracted wide participation of countries and enterprises from all over the world, said Xi, noting that it has become a major initiative in the history of global trade and an important platform for international cooperation in the new era.

By holding the CIIE and proactively expanding imports, China is taking the initiative to pursue a new round of high-level opening up, deepen international cooperation in advancing the Belt and Road Initiative and jointly foster an open global economy, Xi noted.

He expressed his hope that various countries can enhance cooperation and promote the development of the world economy.

The second CIIE will be held in Shanghai between Nov. 5 and 10.

http://www.xinhuanet.com/english/2019-11/04/c_138528107.htm

China embraces wider opening up as stage set for 2nd import expo

China to hold import expo, confirming commitment to greater opening-up.

With the theme of "New Era, Shared Future," the second CIIE is a climax of China's efforts in 2019 to pursue high-quality opening up and work with other countries to build an open world economy.

by Xinhua writer Jiang Jiang

SHANGHAI, Nov. 4 (Xinhua) --

The second China International Import Expo (CIIE) is set to open in Shanghai on Tuesday, exemplifying China's commitment to wider opening up and shared prosperity.

At the expo, 24 countries will make their first appearances in the country exhibitions, accounting for over one-third of the 64 countries that will host country exhibitions.

Covering 330,000 square meters, business exhibitions at the second expo have attracted more than 3,000 companies from over 150 countries and regions.

Volunteers pose for a photo at the south square of the National Exhibition and Convention Center, the main venue for the second China International Import Expo (CIIE), in Shanghai, east China, Nov. 4, 2019. (Xinhua/Cai Yang)

PLATFORM FOR COMMON PROSPERITY

A total of 192 U.S. enterprises will attend the event, up 18 percent from the previous year. Their exhibition area covers around 47,500 square meters, the largest among all participating countries, according to Ren Hongbin, assistant minister of commerce.

CIIE is "a big platform for enterprises to show their most advanced products and technologies," said Yoke Loon Lim, president of the Dow for Greater China.

Frank Rodriguez, adviser to Panama's minister of commerce and industry, said some 40 Panamanian companies will attend this year's CIIE, almost doubling the number for the previous year.

"We want to keep propping up Panamanian products for entry into China's market, such as high-quality tropical fruits," said Rodriguez, recalling that Panamanian pineapples attracted a lot of interest in the Chinese market last year.

"CIIE has provided a big platform to help emerging economies and developing countries to participate for their own benefits, easing the global development imbalance," said Wang Lei, professor at the Beijing International Studies University.

During the first CIIE, deals for intended one-year purchases of goods and services worth 57.83 billion U.S. dollars were reached, and more than 90 percent of the contracts were completed in the past year.

The number of new products and technologies which will debut at the second CIIE is expected to surpass last year, said Sun Chenghai, vice director of the CIIE Bureau.

Staff members walk out from the venue of the second China International Import Expo (CIIE) at the National Exhibition and Convention Center in Shanghai, east China, Nov. 3, 2019. (Xinhua/Liu Ying)

NEVER-ENDING PURSUIT

With the theme of "New Era, Shared Future," the second CIIE is a climax of China's efforts in 2019 to pursue high-quality opening up and work with other countries to build an open world economy.

This year, China has rolled out revised negative lists for foreign investment market access, issued an overall plan for the new Lingang area of the Shanghai pilot free trade zone, and introduced a new regulation on optimizing the business environment.

According to the latest World Bank report, China's ease of doing business ranking rose to 31 this year from 46 last year, and it is also among the 10 economies that improved the most on the ease of doing business after implementing regulatory reforms.

Hosting the CIIE demonstrates China's commitment to promoting shared prosperity and mutual benefits with its partners, said Malaysian International Trade and Industry Deputy Minister Ong Kian Ming.

While the second CIIE is slated to take place from Nov. 5 to 10, visitors and enterprises have shown a lasting passion for it.

Country exhibitions will be extended for eight more days in response to citizens' overwhelming enthusiasm toward the expo, according to organizers.

A total of 115 companies from all around the globe have already signed up for the third CIIE so far. Those early birds have taken around 60,000 square meters of the exhibition area for next year's event, said Sun.

The world economy has been inspired by the strong momentum of China's imports and its determination to open up its market and break the bottleneck of global trade, said Li Jun, a researcher with the Chinese Academy of International Trade and Economic Cooperation under the Ministry of Commerce. Enditem

(Xinhua reporters Rong Jiaojiao, Xu Xiaoqing, Hu Wenjia, Zhou Rui and Pan Qing also contributed to the story.)

(Video reporters: Chen Jie, Di Chun, Cen Zhilian, Li Haiwei, Ding Ting, Wu Xia, Zhang Mengjie, Sun Qing, Du Yang, Ling Xin, Chen Junxia, Peng Lijun, Liu Ruijuan, Ren Jun, Zhang Jiye ; Video editor: Yin Le)■

http://www.xinhuanet.com/english/2019-11/04/c_138528149.htm

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