SHANGHAI — Some 910,000 people visited the second edition of China International Import Expo (CIIE), and $71.13 billion worth of deals, up 23 percent from last year, were signed during the six-day event, running from Nov. 5 through 10 in Shanghai.
More than 3,000 top companies from more than 150 countries and regions participated in the expo. At least 391 new products, technologies or services were released.
Chinese President, Xi Jinping gave a firm speech with a promise to ease market access, counter protectionism and goals to boost economic globalization at the opening ceremony.
CIIE was conceived last year as a key component to Xi’s one belt, one road initiatives, with the purpose of replacing U.S. products with products from other countries, and to ultimately upgrade Chinese products with technology imported from other countries.
“China will follow the new development approach and the strategy of innovation-driven development and redouble our efforts to foster new growth drivers by shifting the growth model, improving the economic structure, and creating new growth momentum,” he said.
Fashion giants such as LVMH, Kering, Tapestry and beauty conglomerates like L’Oréal, Estée Lauder, Shiseido, Kao and Amore Pacific showcased a full range of brands and products for visitors, buyers and press from
More than 3,000 top companies from more than 150 countries and regions participated in the expo. At least 391 new products, technologies or services were released.
Chinese President, Xi Jinping gave a firm speech with a promise to ease market access, counter protectionism and goals to boost economic globalization at the opening ceremony.
CIIE was conceived last year as a key component to Xi’s one belt, one road initiatives, with the purpose of replacing U.S. products with products from other countries, and to ultimately upgrade Chinese products with technology imported from other countries.
“China will follow the new development approach and the strategy of innovation-driven development and redouble our efforts to foster new growth drivers by shifting the growth model, improving the economic structure, and creating new growth momentum,” he said.
Fashion giants such as LVMH, Kering, Tapestry and beauty conglomerates like L’Oréal, Estée Lauder, Shiseido, Kao and Amore Pacific showcased a full range of brands and products for visitors, buyers and press from