Tuesday, January 23, 2018

150,000 Buyers Expected At First China International Import Expo from November 5-10 In Shanghai

          The inaugural China International Import Expo (CIIE) will take place at the National Exhibition and Convention Center in Shanghai
from November 5-10, 2018.
          Initial inquiries and bookings for CIIE indicate that attendance numbers will be unprecedented for the first-of-its-kind
international trade forum. Interest is being driven by the growth of imports into China in 2017 that totaled almost RMB 12.5tn (USD 1.95tn),
an 18.7% increase from 2016. This figure is expected to rise to USD 8tn over the next five years as China, the world's second largest
economy and second largest importer, continues its progression into new stages of development.
          Six of the industries earmarked as having the biggest growth potential in the area of cross-border trade, which will be heavily
featured at CIIE, are food and agricultural products; garments and consumer products; consumer electronics and household appliances;
automobiles; medical instruments, medicine, and healthcare; and intelligent hi-tech equipment, all of which enjoyed impressive increases in
imports between January and November of 2017:
Industry                                       Value of imports from Jan. to Nov. 2017 (Y-o-y growth)  Projected value of imports in five years  Key growth drivers                                  
Food and agricultural products                 USD 104.4bn (> 14%)                                     USD 700bn                                 Soy, infant formula, wine, fruit & vegetable juices 
Garments and consumer products                 USD 12.85bn (> 13.2%)                                   USD 65bn                                  Cutlery, kitchenware, toys, diapers                 
Consumer electronics and household appliances  USD 20.44bn (> 11.2%)                                   USD 100bn                                 Water heaters, air & water purifiers, earphones     
Automobiles                                    USD 45.8bn (> 15.4%)                                    USD 260bn                                 SUVs and new energy vehicles                        
Medical instruments, medicine and healthcare   USD 35.88bn (> 17%)                                     USD 250bn                                 High-end equipment, key patented medicine

          Professional Chinese visitor delegations from areas such as education, scientific research, culture and tourism will be in
attendance, alongside multiple Chambers of Commerce, government groups, industry leaders, and professionals from major local enterprises
across the many provinces, municipalities and autonomous regions of China. In addition to the above, the expo will include representatives
from Chinese ecommerce and internet technology giants like Alibaba, JD.com, Suning, and kaola.com.
          "With so many companies, organizations and visitors expected to be in attendance, we would like to invite all our exhibitors to
name the Chinese buyers and companies they wish to attract," said Sun Chenghai, Deputy Director General of CIIE Bureau. "We can then match
those requests with the exhibits of CIIE exhibitors to provide a more accurate, effective and tailored experience to all of our guests."
          Interested exhibitors can visit http://www.ciie.org/zbh/en/ to check their qualifications to participate and apply before June
30th.
          About the China International Import Expo
          The first China International Import Expo is being hosted by the Ministry of Commerce of the People's Republic of China and the
Shanghai Municipal People's Government, and supported by the World Trade Organization, the United Nations Conference on Trade and
Development and the United Nations Industrial Development Organization.
          For more information, please visit: http://www.ciie.org/
          Contact:
          +86-21-67008870
          info@sinoexpo.cc 
          Photo - https://photos.prnasia.com/prnh/20180122/2037557-1

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