The Fifth China International Import Expo prepares to open its door to worldwide participants

Acting as a major platform for international procurement, investment promotion, cultural exchanges and open cooperation, the China International Import Expo (CIIE) has been held for four consecutive years and is widely regarded as an international public good, which in turn is good for economic globalization and multilateral trading system.To get more china international import expo shanghai, you can visit shine news official website.

With a number of companies attending the CIIE for the first time this year, including global metals and mining giant Rio Tinto Group, and Japanese multinational semiconductor company Renesas Electronics Corp, the fifth edition of the CIIE will be held in Shanghai from Nov 5 to10 as scheduled.

In terms of the Business Exhibition, the fifth CIIE will again feature six exhibition areas — Food and Agricultural Products, Intelligent Industry and Information Technology, Medical Equipment and Healthcare Products, Consumer Goods, Trade in Services, and Automobiles.
This year, many organizing agencies from countries such as Norway and Belgium have joined the CIIE network for the first time. These agencies will play an important role in inviting local small and medium-sized enterprises to take part in the expo. Member nations of the Regional Comprehensive Economic Partnership Agreement (RCEP) are also planning to participate in the expo.

Over the last few years, the organizers of the CIIE have been establishing subsections within exhibition areas to enhance service standards. The fifth edition will have more new subsections established. For example, a crop seeds subsection and an artificial intelligence subsection will be set up to strengthen communication between businesses and bolster relevant industrial growth.

Subsections dedicated to serving innovation incubation, debuted in 2021 edition, will be established again in the exhibition areas of automobiles, intelligent industry and information technology, and medical equipment and healthcare products. Such subsections will also be present for sports and fashion design.This year, country exhibitions will be held online with a brand-new look to showcase countries' achievements in cultural, economic, and social fonts.

Since 2018, more than 120 countries in total participated in the country exhibition, showcasing foreign countries' passion for the CIIE.The 5th China International Import Expo Enterprise & Business Exhibition (CIIE) will be held in Shanghai between the 5th and the 10th of November 2022. CIIE is one of China’s main initiatives, dedicated to expand the market opportunities and promote global economic recovery, despite the pandemic.

The Expo occurs annually for the past 5 years and provides major opportunities for foreign companies to present their products to the local market.

Last year’s edition enabled more than 3000 firms from 127 countries, including 281 Fortune 500 companies, to engage to improve their brand exposure and establish links with local enterprises. According to organisers, the generated contracts are estimated to be worth $70.72 billion. Furthermore, virtual pavilions enabled 58 countries to present their leading industries, cuisine, and tourism opportunities.

The CIIE is hosted by the Ministry of Commerce of China and the Shanghai Municipal People’s Government and covers an exhibition area of 366 000 sq. m., and attracts nearly half a million visitors. The Expo provides stage for new products and technologies, the opportunity to strengthen brand publicity and build long-lasting relations with the local business and institutions.

The Fifth edition will include exhibition areas for food and agricultural products, automobiles, intelligent industry & information technologies, consumer goods, medical equipment & healthcare products, and services.

China International Import Expo: Shanghai takes measures to support exhibitors

Exhibits of the 5th China International Import Expo are arriving in Shanghai. The city's customs has taken measures to support exhibitors and facilitate clearance at the border. Officials will also allow exhibitors to transfer their products to a special area after the expo and declare them as bonded goods. More than 200 batches of exhibits will arrive in Shanghai before this year's event. To get more china international import expo news, you can visit shine news official website.

SHEN WEI, Manager, Shanghai International Expo Transportation Company "It's the Chinese debut for this Mercedes Benz tractor-trailer. The 5th CIIE has adopted stronger support policies for vehicles, which have been welcomed by exhibitors. After the expo, we will facilitate the certification and hire purchase of the tractor. These policies offer more benefits to exhibitors."

ZHANG LIN, Shanghai Customs "Shanghai Customs will help companies complete the vehicle authentication and environmental protection requirements for hire purchase declaration. The CIIE shows China's steady determination in opening-up for trade liberalization and economic globalization. Shanghai Customs will take this opportunity to provide comprehensive support."
The preparation for the fifth edition of the China International Import Expo has been smooth and 85 percent of the exhibition area has already been booked, said Shanghai Mayor Gong Zheng on Monday.

Gong said the confirmed exhibitors include 270 companies which are either listed in the Fortune 500 list or are leaders in their respective industries.

"The hosting of the annual expo since 2018 has shown China's determination of opening its domestic market to the world, and its confidence in an open economy," Gong said during a news conference about the city's achievements in the past decade.

During the previous editions of the CIIE, more than 3,000 brands had debuted products, an indication that Shanghai is now one of the choice destinations for businesses to launch new products and services, he added.