CHINA Shanghai vows to host a better import expo in 2019

CHINA

Shanghai vows to host a better import expo in 2019

Xinhua

17:47, January 27, 2019

SHANGHAI, Jan. 27 (Xinhua) - Shanghai mayor Ying Yong said on Sunday that the second China International Import Expo (CIIE) scheduled for November this year will be better than last year's session with China's further opening-up measures.

VCG111178468182.jpg

First China International Import Expo (CIIE) in Shanghai. (File photo: VCG)

While delivering the government work report at the annual session of the municipal people's congress, Ying said the city will normalize the expo's pilot mode of bonded display and trade, having it occur on a regular basis. As the world's first import-themed national-level expo, the first CIIE was held in Shanghai from Nov. 5-10 in 2018, and concluded with deals worth about 57.83 billion U.S. dollars. The expo attracted 3,617 foreign exhibitors, and more than 400,000 buyers from home and abroad.

Ying said the city plans to open wider for foreign investment and foreign firms, amplifying the expo's spillover effects. Shanghai will put into practice 100 measures in support of further opening up this year.

According to the CIIE bureau, more than 500 companies from more than 40 countries and regions have confirmed participation in the 2019 CIIE. Among them, there are over 70 Fortune Global 500 firms and leading enterprises in various industries.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue