Pakistan Participates in the 5th China International Import Expo (CIIE 2022)
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upamfva Riggedy-riggedy-rekt Warlock Posts: 1,116 Joined: Jun 2021 Reputation: 0 |
22 Nov 2022, 05:22
Pakistan participated in the opening ceremony of the 5th China International Import Expo (5th CIIE 2022) being held in Shanghai on 5-10 November 2022. The CIIE is the largest and the most important import themed expo in China and in the world. Chinese President Xi Jinping delivered a speech via video during the opening ceremony. Secretary Ministry of Commerce of Pakistan represented Pakistan in the opening ceremony. Comprised of national and business exhibitions and various supporting activities and forums, the expo is viewed as a window for countries to showcase their local high quality products, characteristics and cultures. To get more news about china international import expo 2022, you can visit shine news official website.
Owing to prevailing pandemic situation, the country exhibition is being held online again this year, where Pakistan has also set up National Pavilion. Six Pakistani companies based in China related to handicrafts, jewelry, sports goods and garments and textile sectors are participating in the Expo. The Consul General in Shanghai visited the booth of Pakistani companies at the expo and interacted with each of them. Most of the participating companies have also previously participated in the Expo and were very satisfied with their participation and the outcome and the response received for their products during the Expo. Investments in the Chinese mainland expanded nearly 19 percent year on year to some $155 billion in 2022’s first three quarters, according to China Global Television Network. In 2022, the Chinese economic recovery is significant. China’s GDP increased by 3.9% year-on-year in the third quarter of 2022, compared to 0.4% in the second quarter, the Chinese Bureau of Statistics announced on October 28, 2022. Chinese GDP posted a rebound beyond expectations of 3.4% for the 3rd quarter. Products, as well as various services at the China International Import Expoare traditionally presented in six main sections. These include food and agricultural products, automobiles, smart industry and information technology, consumer goods, medical equipment and health products, trade and services. Despite all the Covid-related restrictions, the organizers claim that they managed to increase the total exposure area compared to the import Expo 2021, when this figure was 366 thousand square meters. The exact corresponding indicator for the current exhibition is not called. Russian companies traditionally take part in the China International Import Expo, but since 2020, when the borders were closed due to the introduction of anti-Covid restrictions, the number of companies that were physically able to attend the exhibition has significantly decreased. Nevertheless, Russian business continues to attend this international event, which is one of the main platforms for attracting new imported goods and services to the Chinese market. This year, with the support of the Russian Export Center, 29 Russian companies are taking part in the exhibition. Sections such as food and agricultural products, consumer goods, medical equipment and health products, as well as trade in services are presented. In particular, Vkusvil, Baltika, Dmitrovsky Dairy Plant, Siberian Health, Evalar, Transcontainer and a number of other companies will demonstrate their products and services in the relevant sections. Another 11 Russian companies will be represented in the digital online pavilion of the exhibition. |
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