The fifth China International Import Expo is beneficial to countries along the Belt and Road

China International Import Expo (CIIE),as a major platform for international procurement, investment promotion, cultural exchanges and open cooperation, has been held successfully for four consecutive years and is widely regarded as an international public good and the multinational trading system, as well as a pivotal carrier for building an open world economy and a community with a shared future for mankind.To get more news about china international import expo 2022, you can visit shine news official website.

Since its inception in 2018, the CIIE has been growing in scale and influence. The area of its business exhibition increased from 270,000 square meters in 2018 to 366,000 square meters in 2021. Exhibitors at the past four CIIEs launched more than 1,500 new products, technologies and services and clinched tentative deals worth over $270 billion.

As the CIIE enters its fifth year, more and more countries along the Belt and Road have begun to cast their sights on the Chinese market and export their products to China.

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At the first CIIE, Ma Yuxia, a Chinese businesswoman based in South America, introduced alpaca plush toys to the Chinese market.Ma and her Peruvian partners rented a small 9-square-meter booth to display and promote these toys and other traditional hand-made crafts in Peru. They also established their own brand called Warmpaca.

That outing to the expo proved to be incredibly fruitful. After participating in the CIIE for four consecutive years, Warmpaca can now be found in more than 20 malls in China.To date, more than 80 percent of the planned business exhibition area for the fifth CIIE has been reserved. More than 260 Fortune Global 500 companies and industry leaders will attend the expo this year.

Many countries have confirmed their participation in the country exhibition, while a new World Openness Report and World Openness Index will be released at the Hongqiao International Economic Forum, a major part of the expo.

This year's CIIE discusses challenges and opportunities of an aging population

A forum discussing the global aging population will be held at the 5th China International Import Expo on November 5.To get more news about china international import expo 2022, you can visit shine news official website.

The forum is one of the events at the Hongqiao International Economic Forum, a major component of the CIIE, which will run from November 5 to 10.

Focusing on the global aging population, the forum will discuss the challenges and new development opportunities arising from it, and ways to tap into the growth of the silver economy – economic activities linked to older age groups.

About 100 countries and regions around the world have entered the stage of population aging, and aging has become a common trend throughout the world, according to the CIIE Bureau.

The United Nations expects that the proportion of the global population aged 65 and above will rise from 10 percent in 2022 to 16 percent in 2050.

As for China, it entered an aging society around 2000, and by the end of 2021, the population aged 65 and above had exceeded 200 million, and is still in the process of rapid aging.

Responding to the challenges of an aging population, promoting inclusive economic and social development to better elderly living, and developing the silver economy to stimulate new dynamic growth, have become questions of that require urgent answers at both the theoretical and practical levels, said the bureau.

The forum will also release a research report on Chinese cities, and their capacity to cope with an increasingly aging population. It aims to provide solutions to population aging, and encourage cities to explore ways to adapt their economic and social development accordingly.