/ world today news/ The sixth edition of the International Import Exhibition in China ended on November 10. The forecasted transaction volume for one year reached US$78.41 billion, an increase of 6.7% from the previous session. 3,486 companies from 128 countries participated in the corporate business exhibition, including 289 of the world’s top 500 large companies and global industry leaders. 442 new products, technologies and services also debuted at the show. The International Import Expo has now become an important platform for countries with different development levels to improve exchanges, promote cooperation and achieve mutual benefit and win-win results.
Currently, the global economic recovery is slow and commercial demand remains weak. All countries are eager to take advantage of new development opportunities. The huge potential of China’s consumer market provides an opportunity to pilot new technologies and products, providing a global platform for joint work on solving development problems through scientific and technological innovation.
The expo provides new opportunities for more enterprises, including many American companies, to share the Chinese market. This year, for the first time, representatives of the American state administration took part in the exhibition. At this edition, the US representatives in the agricultural sector also registered a record, which shows the great attention of the US to the Chinese market.
The import exhibition shows China’s determination to promote the country’s opening-up at a high level. China is the largest trading country and provides an open market, continuously improving its business environment.
This year is the 45th anniversary of the country’s reform and opening-up policy and the 10th anniversary of the introduction of the Belt and Road Initiative. From the addition of the Ling’an New Zone to the Shanghai Pilot Free Trade Zone, to the acceleration of the construction of the Hainan Free Trade Port, with the continuous reduction of the negative list for foreign investment access and the complete removal of restrictions on foreign investment access in the manufacturing industry, China is making many efforts to share its market opportunities with the world and continues to realize its commitments with practical actions.
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