KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--2020 Zhejiang Service Trade Online Exhibition (Malaysia-Logistics Service Session), hosted by Zhejiang Department of Commerce and undertaken by Zhejiang Samexpo Exhibition & Convention Holdings Co., Ltd, is going to be taking place from 23th November to 25th November by ZOOM.
In order to promote the sustained and stable development of the foreign trade economy in Zhejiang Province, Zhejiang Department of Commerce has been committed to cooperating with overseas enterprises to help them open up trade channels. Malaysia is strategically located in the heart of the 10-member Group of Southeast Asian Nations (ASEAN), playing a key role in global logistics and links, and creating enormous business opportunities. Malaysia has more than 50 maritime ports of different sizes, among which Manila, Penang, Port Klang and Tanjung Palapas are world famous ports. According to the World Bank's logistics capability Ranking in 2014, Malaysia ranks 27th in the world in six aspects: border inspection efficiency, transport infrastructure development level, logistics price competitiveness, logistics service quality, cargo tracking ability and on-schedule delivery ability. At present, Malaysia is building a core logistics center and striving to become a logistics giant in ASEAN with broad space for cooperation. The strong economic development momentum of Malaysia will greatly promote the development of the logistics field and directly stimulate the demand for logistics transport-related equipment and technical services in the fields of land transport, air transport and sea transport in Malaysia, which will be an excellent opportunity for Chinese logistics related enterprises to enter the Malaysian and ASEAN markets.
In recent years, the logistics industry in Zhejiang has developed rapidly, with the characteristics of continuous expansion of industrial scale, economic structure and gradual optimization of service mode, which plays a positive role in promoting economic development and accelerating industrial structure adjustment in the whole province.
Within three days, these Zhejiang enterprises will conduct one-to-one accurate trade negotiation with Thai buyers through online live broadcast on the basis of previous offline match making. At the same time, a logistics theme supporting activity will be held every day during the activity to invite Malaysian industry experts and Zhejiang enterprises to exchange views on the development of logistics industry. It is estimated that the fair will exceed 120 rounds of meetings, the intended turnover is expected to break through $5 million.