The 5th China International Import Expo came to a close in Shanghai on Thursday. On a yearly basis, the intended turnover of the 5th China International Import Expo increased 3.9 percent compared with the previous year to $73.52 billion.
At a time when the world's economic recovery is sluggish, the annual Import Expo once again demonstrated the resilience and vitality of the Chinese market to the world, injecting confidence and strength into all countries to work together to cope with the difficulties and challenges facing global economic development.
Large equipment, artificial intelligence, new energy vehicles, high-end medical devices, "the world's first launch" and "China's first exhibition", they made debut one after another with orders signed one by one. With this platform, enterprises committed to expanding the Chinese market will have more room for development.
Yang Yeqing, Head of Business Planning Department of Nachi (China) Co., Ltd
Nachi is a machinery company with many products in the machinery industry. However, by attending this expo, we have got orders outside the machinery industry, such as orders from the new energy industry and food industry, which has increased the company's revenue.
Hu Bo, Head of Shiseido China Expo Booth
Against the background of the global COVID-19, the China Import Expo gave us a full sense of the opportunity for China to share the market with the world and the great country style of promoting the recovery of the world economy. We will continue to increase our investment in the Chinese market.
Large enterprises, including XCMG and Sumec, which have participated in the China Import Expo for five consecutive years, and prefecture-level cities across the province have focused on high-end science and technology fields and bulk commodities related to the national economy and the people's livelihood.
Chen Zhutao, Deputy General Manager of Sumec International Technology and Trade Co., Ltd
This time, we signed 16 projects with an amount of more than 2 billion yuan, and achieved a new breakthrough in the procurement scale. For example, the German film production line we purchased will promote the transformation and upgrading of the new energy industry. High speed winding machines will boost the technological upgrading of the textile industry.
This year's China Import Expo set up a special area for China's opening up and development achievements and an area for people-to-people and cultural exchange exhibition. With this platform, Jiangsu further magnified the spillover effect of the China Import Expo by publicizing a new round of Jiangsu's opening up policies and measures to multinational companies, promoting economic and trade exchanges and cooperation with countries all over the world, and signing a series of expanded import cooperation projects.
Pablo Rodriguez, Business Director of Ibamia Asia Pacific said："China Import Expo has become a 'golden key' to open the Chinese market. We can fully feel the love of China and Jiangsu for R&D and high-end technology, and also see Jiangsu's determination to expand opening up.We entered the Chinese market late, but through this China Import Expo, we have gained many potential customers. We will deeply cultivate the Chinese market, which is a fertile land full of vitality."
