Country for PR: United Kingdom
Contributor: PR Newswire Europe
Monday, January 09 2023 - 21:42
AsiaNet
Global MNCs Acclaims CIIE as Crucial Platform for Sharing Opportunities
SHANGHAI, Jan. 9, 2023 /PRNewswire-AsiaNet/ --

The China International Import Expo (CIIE) has been described by global 
companies as a vital platform for promoting trade, investment and global 
cooperation.

Industry players have also said that the expo further opens the Chinese market 
to the rest of the world and firmly supports economic globalization and trade 
liberalization.

Fabrice Megarbane, President of L'Oreal North Asia and CEO of L'Oreal China, 
described CIIE as an "accelerator" that helps to speed up the pace of 
innovation and encourage collaboration.

Panasonic also spoke highly of the expo. Tetsuro Homma, executive 
vice-president of Panasonic Holdings Corp, hailed the expo as a strategic 
global exhibition and an important platform for communication between countries.
According to official statistics, the accumulated intended turnover of the last 
five editions of the CIIE totaled $340 billion, an indication that many 
multinational companies stand to prosper through the CIIE.

The fifth CIIE, which concluded on November 10, 2022, saw fruitful results. 
More than 2,800 enterprises, including 284 of the world's top 500 enterprises 
and many industry giants such as Panasonic, Bayer and L'Oreal, gathered to 
showcase their products, technologies and services at the business exhibition.
"For five years, the CIIE has not only served as the optimal choice for 
multinational companies to make global debuts of their new products and 
frontier technologies, but also witnessed many participants' transition from 
exhibitors to investors," said Sheng Qiuping, China's Vice Minister of Commerce.
The international influence of the expo has also become more extensive. Over 
the past five years, the CIIE has been widely covered by media outlets around 
the world.

The Associated Press (AP), Reuters, Agence France-Presse (AFP), RIA Novosti, 
Yonhap News Agency and other international mainstream media have reported on 
the expo. Relevant articles published by international mainstream news agencies 
have reached about 1.2 billion international audiences in nearly 100 countries 
and regions.

Many participants have also hailed the Hongqiao International Economic Forum, a 
key part of the CIIE, as a high-level platform that promotes dialogue among 
political, business and academic communities on matters related to global 
cooperation for sustainable development around the world.

Themed "Stimulation of Opening-up Impetus and Sharing of Cooperation 
Opportunities", the fifth Hongqiao Forum reflected China's commitment to 
further opening up to the world.

According to the World Openness Report 2022 that was released at the fifth 
Hongqiao Forum, China's opening-up index had increased by 5.6 percent between 
2012 and 2020, a sign that the country has become an important force in 
promoting economic globalization.

With China advancing its institutional opening-up and creating favorable 
conditions to attract foreign investment, the broader spillover effect of the 
CIIE will facilitate multinational corporations to further tap into the 
country's vast market, according to authorities.

The sixth edition of the CIIE will be held in Shanghai from November 5 to 10, 
2023. Registration for the business exhibition of the sixth expo has begun, and 
over 100,000 square meters of area has already been booked. Be sure to secure 
your booth at: https://www.ciie.org/exhibition/f/book/register?locale=en.


Photo - https://mma.prnewswire.com/media/1979570/CIIE.jpg
Logo- https://mma.prnewswire.com/media/1938442/CIIE_Logo.jpg

Contact: Ms. Cui Yan
Tel.: +86-21-968888
Email: ciie2022@ciie.org
Website: http://www.ciie.org/zbh/en/
Facebook: https://www.facebook.com/ciieonline
Twitter: https://twitter.com/ciieonline

Source: CIIE
Translations

Japanese