KUALA LUMPUR, June 14 (Bernama) -- “Buoyed by its opening-up policy, continuous optimisation of the business environment and strong economic resilience, China will remain a hot investment destination in the years to come,” said global experts at the World Economic Forum (WEF) 2022 in Davos, Switzerland.
In addition to China's own economic size, business leaders also agreed that China's approach and commitment to globalisation also matter. Chinese leaders have repeatedly reaffirmed commitment to economic globalisation and free trade, including during speeches at the WEF.
A major platform for international procurement, investment promotion, cultural exchanges and open cooperation, the China International Import Expo (CIIE) has been successfully held for four consecutive years, according to a statement.
It is widely regarded as an international public good for economic globalisation and multilateral trading system, as well as a pivotal carrier for building an open world economy and a community with a shared future for mankind.
Since its inception in 2018, the expo has been growing in scale and influence. According to a report on the business exhibition of the fourth CIIE, which took place from Nov 5-10, last year, over 2,900 companies from 127 countries and regions participated in the exhibition.
As the CIIE enters its fifth year, multinational exhibitors have continued to express hope in participating in the fifth edition of the trade fair in November. Despite the ongoing COVID-19 pandemic, the fifth CIIE will be held from Nov 5 to 10 this year as scheduled.
At an online meeting held by the CIIE Bureau recently, 15 high-profile corporate executives from different industrial committees of the CIIE Enterprise Alliance expressed confidence in Shanghai's anti-epidemic fight and the resilience of the Chinese market.
The CIIE Bureau recently released several favourable measures to help exhibitors overcome difficulties in production and operation caused by the COVID-19 pandemic and other factors.
The registration deadline for the fifth CIIE has also been extended to July 31, 2022. To date, more than 75 per cent of the planned exhibition space of the 5th CIIE has been reserved.
More than 250 Fortune Global 500 companies and industry leaders, as well as most of the world's top 10 companies in the pharmaceutical, medical equipment and automobile industries have confirmed their participation in the expo.
Opening-up is the hallmark of contemporary China. The CIIE demonstrates China's resolve to expand high-level opening up, share development opportunities with the world and make economic globalisation more open, inclusive, balanced and beneficial for all.
-- BERNAMA
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