The Fifth CIIE Posts Fruitful Results

SHANGHAI--(BUSINESS WIRE)--The fifth edition of the China International Import Expo (CIIE) was hailed as another fruitful event as the value of intended deals reached during the six-day expo increased 3.9 percent from the previous year to $73.52 billion.

Sun Chenghai, deputy director-general of the CIIE Bureau, described the expo as a “successful, splendid and fruitful” one at a news conference on Nov 10.

This year’s CIIE, 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 exchanges programs. As of 12 pm on Nov 10, the expo had received about 461,000 visitors.

This year’s CIIE attracted participants from 145 countries, regions and international organizations. More than 2,800 enterprises, including 284 of the world's top 500 enterprises and industry giants, gathered to showcase their products and services at the business exhibition. About 90 percent of them were repeat exhibitors.

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

A total of 293 cooperation intention agreements involving $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 organizations to display their scientific and technological achievements, culture and art. The online exhibition saw 59 million visits, more than the previous edition.

The Hongqiao International Economic Forum, which included 24 parallel sessions, invited high-profile government officials, Nobel Prize laureates, academicians, senior executives of industrial pacesetters from home and abroad to discuss global openness, with the RCEP and Higher-level Opening-up.

This year, international organizations such as the United Nations Industrial Development Organization and the United Nations Population Fund organized forums for the first time and helped expand the global influence of the Hongqiao Forum.

A 12,000-sq-m long-standing exhibition was set up to showcase the cultural exchange of 10 provinces, autonomous regions and provincial-level municipalities.

Troupes from the Hong Kong Special Administrative Region also brought performances to the expo for the first time.

About 100,000 square meters of exhibition space for next year's CIIE has already been booked. Be sure to secure your booth of the 6th CIIE at: https://www.ciie.org/exhibition/f/book/register?locale=en