Seventh China International Import Expo Concludes with Record Success
The seventh annual China International Import Expo (CIIE) concluded on a high note in Shanghai, with preliminary financial statements revealing a total of $80.01 billion in transactions, marking a 2% increase from the previous year.
Global Participation Reaches New Heights
This year’s expo showcased the power of global collaboration, welcoming 77 countries and international organizations representing five continents to the comprehensive country exhibition. Participants showcased their unique cultures, national identities, and cutting-edge technologies through intricately designed exhibits, while over 200 captivating immersive events provided enriching experiences for attendees. In total, 3,496 companies from 129 countries and regions took part in the Enterprise & Business Exhibition. This extensive participation included 1,585 companies from 104 countries along the Belt and Road Initiative, demonstrating its growing influence on global trade. Additionally, 1,106 companies from 13 countries in the Regional Comprehensive Economic Partnership contributed to the impressive display of regional cooperation, and 132 exhibitors from 35 least developed countries further highlighted the expo’s commitment to inclusivity.
Innovation and New Product Launches Take Center Stage
Innovation has always been a shining light at the CIIE, and this year was no exception. The Innovation Incubation Special Section became a hub of activity, showcasing 360 innovative projects from 34 countries and regions. These projects, designed to support the growth of small and medium-sized enterprises (SMEs) and start-ups, exemplified the entrepreneurial spirit flourishing on a global scale.
Multinational corporations also played a key role, introducing a wealth of new products, services, and technologies to eager audiences. The expo witnessed the unveiling of more than 100 global product launches, captivating attendees with glimpses into the future of industry and consumer trends. In addition, 40 new products received Asian debuts at the CIIE, and over 200 goods made their China debut, injecting fresh excitement into the market.
Hongqiao International Economic Forum Sparks Conversation
Running parallel to the exhibitions, the Hongqiao International Economic Forum (HQF) provided a platform for insightful discussions and the exchange of ideas. Focusing on pressing global issues, the seventh HQF garnered impressive attendance, with over 8,600 registrations and participation from over 300 globally recognized experts and leaders representing diverse sectors such as politics, business, and science. During the forum, the “World Openness Report 2024,” accompanied by the World Openness Index, was released. The report champions openness and emphasizes its essentiality in fostering international cooperation, reminding the world of the power of working together towards shared goals.
Looking Ahead: Eighth CIIE Already in Motion
“The seventh CIIE has undeniably been a resounding success, highlighting its pivotal role in driving global cooperation and fostering economic growth,” states the CIIE организаторы. preparations for the eighth edition are already underway, with the expo poised to further expand opportunities for international trade and economic partnership. Companies and countries worldwide are invited to participate in this exciting platform, building on the momentum and achievements of this year’s event.
How does the CIIE support innovation in international trade?
## CIIE: A Success Story for Global Cooperation
**Interviewer:** Welcome back to the show. Joining us today is [Guest Name], an international trade expert, to discuss the just-concluded seventh China International Import Expo. [Guest Name], thanks for being here.
**Guest:** It’s my pleasure.
**Interviewer:** The expo was a resounding success, with over $80 billion in transactions. What were some of the key takeaways from this year’s event?
**Guest:** This year’s CIIE truly demonstrated the power of global collaboration. [[1](https://en.wikipedia.org/wiki/China_International_Import_Expo)]. We saw participation from over 3,496 companies from 129 countries and regions. That’s a remarkable testament to the growing importance of the Chinese market and the CIIE as a platform for international trade.
**Interviewer:** The expo also highlighted the Belt and Road Initiative and the Regional Comprehensive Economic Partnership. How significant are these initiatives for global trade?
**Guest:** They’re absolutely essential. The Belt and Road Initiative is fostering infrastructure development and connectivity across continents, opening up new trade routes and opportunities. And the RCEP, with its focus on reducing trade barriers, is creating a powerful regional economic bloc. We saw strong participation from businesses involved in both initiatives at the CIIE, further showcasing their potential.
**Interviewer:** Innovation seems to be a key theme at the CIIE. Can you tell us more about that?
**Guest:** Absolutely. The Innovation Incubation Special Section was a buzzing hub of activity, featuring groundbreaking projects from startups and SMEs around the world. It’s encouraging to see such a focus on supporting innovation and entrepreneurship on a global scale.
**Interviewer:** Would you say the CIIE is a model for other countries looking to promote international trade?
**Guest:** I believe so. The CIIE’s emphasis on inclusivity, innovation, and collaboration sets a high standard for international trade fairs. It’s a platform where businesses of all sizes can connect, share ideas, and forge partnerships. That’s a recipe for success in today’s interconnected world.
**Interviewer:** Thank you, [Guest Name], for those insightful remarks. It sounds like the seventh CIIE was a truly remarkable event.
**Guest:** It was my pleasure.
