The sixth China International Import Expo (CIIE)
The sixth China International Import Expo (CIIE) in Shanghai was a showcase of global exhibits, marking a significant step in fostering international cooperation and trade. Products from various regions were on display, including items from the Pacific Island nation Vanuatu, New Zealand's Manuka honey, venison, wine, and cheese, as well as a "green" tire from Michelin, which traveled long distances by sea, air, and rail to reach the expo.
Executives from participating enterprises gathered in Shanghai, where representatives from over 150 countries, regions, and international organizations contributed to the event. Spanning 367,000 square meters, this year's expo hosted a record 289 Fortune 500 companies and leading businesses, many of which have been recurring participants.
Initiated in 2018 as an annual event, the CIIE signifies China's commitment to opening its markets and creating global opportunities. Over the past five years, it has evolved into a platform showcasing China's new development model, highlighting high-standard opening-up and serving as a global public good.
Experts observe that this year's expo reflects China's resurgent momentum, leading enterprises to adjust their resource allocation according to consumer demands and supply chain dynamics. After a three-year hiatus due to the pandemic, the event attracted a broader spectrum of exhibitors and visitors across diverse industries, indicating increased international participation.
The popularity of the CIIE underscores positive responses to China's open-door policies. Zhou Mi, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation, emphasizes how the expo demonstrates China's economic rejuvenation, driving resource allocation in line with market needs. Hong Yong, from the Ministry of Commerce's e-commerce research department, acknowledges the event's significance post-pandemic, showcasing China's success in attracting global participation and validating its commitment to international cooperation.
Overall, the CIIE serves as a testament to China's evolving role in global trade, highlighting principles of openness, collaboration, and providing a platform for worldwide economic engagement.
