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May 26, 2024

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China International Import Expo: The Gateway for Global Exporters

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The China International Import Expo (CIIE) offers a unique opportunity for exporters from around the world, especially from the Global South, to access the vast Chinese market, an Ethiopian expert said.

Costantinos Berhutesfa Costantinos, a professor of public policy at Addis Ababa University, said the sixth edition of the fair, which was held in Shanghai from November 5 to 10, has become a beacon of stability for the global economic recovery against the backdrop of global market disruption and uncertainty brought about by the COVID-19 pandemic. In Ethiopia.

“China is actively promoting market opening,” Constantinos noted. As Chinese consumption grows, the Fair provides a platform for companies, especially those from southern hemisphere countries, to export goods to China.

As the world’s first import-themed national-level expo, the Fair has built an international platform for overseas procurement, investment promotion, humanistic exchanges and open cooperation, and has been widely welcomed by all parties.

China International Import Expo: The Gateway for Global Exporters

Costantinos described China as providing “equal opportunities” for enterprises from countries in the southern hemisphere, and the Fair has built a “bridge” for them to explore the Chinese market and the growing Chinese economy.

Companies from Africa, Latin America and South Asia can use the Fair to learn how to export to China, learn about the materials that Chinese companies need and potentially sign agreements to import their products into China,” he said.

Costantinos emphasized that China wants to share the economic benefits of its “remarkable” economic growth with the rest of the world, especially developing countries, through the Fair.

Together with other Chinese-led initiatives, the China International Import Expo will be a key driver in building new trade alliances in a post-‘COVID-19’ and conflict-ridden world,” he said.

Kostantinos emphasized China’s commitment to win-win cooperation with the rest of the world.

“Through the China International Import Expo, China offers the rest of the world the opportunity to produce in their own countries and export to China,” Konstantinos concluded.

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