US$73.5 Billion Worth Of Deals Inked At 5th China International Import Expo

Pic credit: Xinhuanet

The fifth edition of the China International Import Expo (CIIE), held in Shanghai earlier this month, has recorded tentative deals valued at US$73.52 billion (US$1=RM4.59), up 3.9 percent from the previous year.

In a statement, the CIIE Bureau said this year’s expo, like previous editions, comprised a business exhibition, the Hongqiao International Economic Forum, a country exhibition, as well as a slew of supporting activities and people-to-people and cultural exchange programmes.

The six-day expo attracted participants from 145 countries, regions, and international organisations. Over 2,800 enterprises, including 284 of the world’s top 500 enterprises and industry giants, showcased their products and services at the business exhibition.

The fifth CIIE also welcomed 39 trade missions and nearly 600 sub-trade missions with more than 600 intended deals reached at 82 project signing ceremonies.

In addition, a total of 293 cooperation intention agreements involving US$5.9 billion worth of products and services were signed at trade and investment matchmaking conferences during the expo.

This year’s online country exhibition enabled 69 countries and international organisations to display their scientific and technological achievements, culture, and art. The online exhibition saw 59 million visits, more than the previous edition.

About 100,000 square metres of exhibition space for next year’s CIIE has already been booked,” the statement said.

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