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Yiwu: Highlights of 1st CIIE
Post Time: 11/11/2018


On November 5, the China International Import Expo (CIIE)—China’s first national-level exhibition on imports—was held in Shanghai. The expo attracted more than 3000 companies from over 130 countries and regions, and more than 5000 exhibits made their first appearance in China.

Yiwu has always been an active supporter of the Belt and Road Initiative. In the last few years, Yiwu has launched the China Railway Express (CRE) and the Yiwu-Ningbo-Zhoushan Corridor, becoming an important platform for Chinese goods to go global and for world goods to enter China. According to statistics, at any given time about 15,000 foreign businessmen from more than 100 countries and regions are in Yiwu. These foreign businessmen not only understand the market demands and advantages of their homelands, but also acquaint themselves with the trade policies, market environment, and business network in China, acting as a bridge between China and world markets. They are potential distributors of Chinese products in their countries. Therefore, Yiwu organized a large delegation of more than 500 foreign businessmen to participate in the CIIE.

On the morning of November 8, organized by the Yiwu government, an import and purchase conference for the countries along the CRE was held at the Shanghai National Convention and Exhibition Center. More than 150 exhibitors and buyers and over 50 Chinese and foreign media agencies participated in the conference. During the conference, Yiwu’s government introduced the trade and investment environment in Yiwu, and the Czech Republic, Spain, and other countries also presented their resources.

Located in the center of Europe, the Czech Republic plays an important role in the economic and trade cooperation between China and Central and Eastern Europe. Last year, the Czech station of the Belt and Road was put into operation. In the CIIE, Yiwu displayed the “soft power” of the Czech station in China-EU cooperation.

In mid-November, the Bulgarian-Chinese Chamber of Commerce and Industry (BCCCI) will set up its office in Yiwu, which is the first national-level office for any chamber of commerce in Yiwu. BCCCI will provide various services for Bulgarian enterprises in Yiwu, including exit and entry procedures authorized by the Bulgarian Embassy in China, to promote trade and exchange between Yiwu and Bulgaria.

In addition, after the close of the CIIE, Yiwu will host a supply-demand matchmaking exhibition for small- and medium-sized enterprises all over the world. The expo will last from November 13 of 2018 to January 15 of 2019, with a total exhibition area of 100,000 m2. So far more than 420 enterprises from 45 countries and regions have signed up. The products to be displayed mainly include maternity products, gifts, handicrafts, cosmetics, household items, alcohol, food, and other daily necessities. (By Wang Ting, translated by Li Ziyi, edited by Kendra Fiddler)


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