Exhibitors reap benefits at 7th CIIE, eyeing more future opportunities

Exhibitors, buyers and guests from different countries and from all walks of life have reaped fruitful gains from the 7th China International Import Expo (CIIE), anticipating "overflow effect" from the popular platform and a steady flow of opportunities.

With a theme of "New Era, Shared Future", the six-day expo attracted about 3,500 global exhibitors from 129 countries and regions to its business exhibition.

Among the exhibitors, about 297 are Global 500 companies or industry leaders, setting a new record. More than 400 new products, technologies, and services were showcased by multinationals at this year's CIIE.

"We believe that CIIE is an excellent platform for us to present our latest technologies and products and our latest achievements in sci-tech research. It also allows us to demonstrate the joint efforts between us and our partners, and the process of turning these research results into mature commercial products," said Li Yonggang, technical marketing director of Qualcomm China's marketing department.

The seventh CIIE saw signing of tentative deals worth a total of 80.01 billion U.S. dollars for one-year purchases of goods and services, a 2 percent increase over last year's CIIE. The area booked for the next CIIE exhibition zone exceeded 100,000 square meters.

These figures demonstrate strong confidence from global enterprises in both CIIE and the Chinese market. Exhibitors this year are also eager to leverage the "overflow effect" of CIIE, expecting it to bring further opportunities for growth in China.

"CIIE really demonstrates China's commitment to high level openness but also to drive this open economy and to make sure that there is a building of cross fertilization in terms of innovative approaches and to make sure there is a forum here to showcase those and to make sure that together we can really make the difference for healthy China 2030," said Anna Van Acker, senior vice president of MSD.

Exhibitors reap benefits at 7th CIIE, eyeing more future opportunities

The ports along the trunk stream of the Yangtze River, China's longest and the world's third-longest river, are expected to handle a record 4.02 billion tons of cargo in 2024, an official from the administration of navigational affairs on the river under the Ministry of Transport said at a press conference in Beijing on Thursday.

Such figure marks a 3.9-percent year-on-year growth which cements the Yangtze River's position as the busiest inland waterway in the world, the official said.

The Yangtze River now boasts 16 major ports, each with an annual cargo throughput exceeding 100 million tons.

The record has effectively demonstrated the strong resilience and market vitality of the Yangtze River shipping, with policies strongly supporting the development of multi modal transportation.

The government's efforts have led to a significant increase in the proportion of road-to-water and rail-water multi modal transport, greatly reducing the logistics costs for enterprises, the official said.

The record cargo throughput on the Yangtze River highlights China's economic resilience and the success of its policies in promoting efficient and cost-effective transportation solutions along this vital inland waterway.

Yangtze River cargo throughput to surpass 4 billion tons