Sharing the opportunities of the Chinese market era

In the golden autumn, Shanghai is crowded with guests and friends. The 8th China International Import Expo will arrive as scheduled from November 5th to 10th. 155 countries, regions, and international organizations participated, with 4108 overseas enterprises exhibiting. All parties attended the grand opening event and shared the opportunities of China. More "CIIE stories" will be staged, and more "CIIE effects" will be released, promoting China to share a better future with the world in the new era.

Injecting Certainty into the World Economy

Currently, the global economic growth momentum is insufficient, the global development deficit is widening, and the path of economic globalization is full of thorns. When the international community seeks stability and direction in the midst of turbulence, China brings valuable certainty to the world economy.

Certainty comes from the enormous potential of China's super large market. China has been the world's second-largest import market for 16 consecutive years, and imports of goods and services are expected to exceed $15 trillion during the 14th Five Year Plan period.

Certainty comes from China's firm belief in expanding its opening-up to the outside world. In the face of unilateralism and protectionism, China has taken solid steps on the path of opening up, illuminating the future and injecting confidence into the world economy.

Bernardo Mendia, Secretary General of the Portuguese Chinese Chamber of Commerce, stated that the continuous promotion of high-level opening-up fully reflects China's firm determination as a responsible major country to share opportunities and develop together with the world. It not only promotes high-quality economic growth for itself, but also creates new space for global cooperation partners.

In the past 8 years, the scale of the CIIE has continued to expand, and the number of exhibitors has become increasingly diverse, showing the world a China that has always been committed to promoting win-win through openness. With the help of the CIIE stage, more and more innovative products are entering the Chinese market, and more and more multinational enterprises are deepening their presence in China, perceiving through actions that 'walking with China is walking with opportunities'.

In October of this year, the Medtronic Digital Healthcare Innovation Base project was launched in Beijing, becoming another important milestone for Medtronic to deepen its presence in China. At this year's CIIE, Medtronic showcased over a hundred innovative medical technology products and solutions. Jeff Massa, chairman and CEO of Medtronic, said: "The Expo is not only an important exhibition platform, but also an important opportunity for Medtronic to have in-depth exchanges with all sectors of the world. The Chinese market is one of the most important markets of Medtronic in the world, and will eventually become the world's largest medical and health market. We will further deepen our relationship with local partners and actively promote local innovative technologies to the global market."

Over the past 8 years, Sanofi has never been absent from the CIIE, and numerous innovative achievements have been well-known in the Chinese market along with the CIIE. Sanofi Greater China President Shi Wang stated that since entering China, Sanofi has established an end-to-end value chain from research and development, production and manufacturing to commercial operations. Sanofi has long been optimistic about the prosperous prospects of the Chinese economy and will continue to deepen its presence in the Chinese market, deepen its local layout, and increase its investment in innovation.

Showcasing innovative trends and new directions

Since its establishment, CIIE has gradually grown into an important node in the global innovation chain. Multinational companies have successively regarded the CIIE as the global launch site for new products, the preferred location for cutting-edge technologies, and the top choice for innovative services. A large number of "global debuts," "Asian debuts," and "Chinese debuts" have entered the Chinese market and the world stage from the China International Import Expo.

This year's CIIE focuses on showcasing 461 new products, technologies, and services, making the Chinese market a testing ground, profit field, and application field for global innovation. From future industries such as low altitude economy and humanoid robots, to key industries such as green and low-carbon, biopharmaceuticals, global leading enterprises and segmented field leaders showcase their latest achievements, showcasing the new trends of world innovation trends.

Behind the CIIE becoming a highland for innovation display, China is becoming an important pole in the global innovation landscape with abundant innovation resources and high-quality innovation environment, attracting multinational companies to increase their R&D and innovation investment in China.

For 8 consecutive years, Fonterra has been showcasing its cutting-edge innovative achievements at the CIIE. China is one of the most important strategic markets for Fonterra, and the company felt the vibrant innovation vitality of China at the CIIE. China has a flexible and diverse innovation ecosystem and diversified consumer demand, making it the most dynamic innovation base for Fonterra. Localized innovation is Fonterra's core strategy in China. In the future, Fonterra will continue to implement the strategy of 'Chinese innovation for the global market' and promote more innovative achievements originating from China to the world

Schneider Electric presented its advanced achievements and innovative practices in digital intelligence technology, ecological cooperation, and industrial applications at this year's CIIE, demonstrating the role of advanced digital intelligence technology and energy technology in promoting industrial transformation. Yin Zheng, Executive Vice President and President of China and East Asia at Schneider Electric, stated that China is Schneider Electric's second-largest market globally and an important source of innovation and development. By continuously strengthening its investment in China, Schneider Electric has not only achieved "serving China in China", but also based on China's development advantages, realizing "benefiting the world in China". In the field of R&D innovation, Schneider Electric has established five major R&D centers in China and has established multiple R&D institutions in recent years. A number of Chinese innovation achievements have gradually gone global.

Practice the concept of inclusive and inclusive development

Economic globalization is facing a counter current, and uneven and insufficient development is an important reason. Adapting to the reasonable demands of countries around the world, especially developing countries, and promoting inclusive economic globalization is an inevitable choice of the times and the correct path to address challenges.

Taking into account the needs of China and the expectations of the world, the CIIE practices the concept of inclusiveness through practical actions. It not only provides a showcase for large enterprises and developed countries, but also creates vast opportunities for developing countries, least developed countries, and small and medium-sized enterprises, vividly presenting the ideal vision of economic globalization.

More and more products from the least developed countries are entering the Chinese market through the CIIE, driving the development of related industries and improving people's livelihoods, becoming a vivid footnote to China's efforts to promote inclusive economic globalization and support the 2030 Agenda for Sustainable Development.

This year's CIIE provides support for exhibitors from the least developed countries and promotes the entry of local specialty products into the Chinese market through measures such as offering some free booths and tax incentives for the retention of exhibits. Expand the African product zone, support African countries that have diplomatic relations to make full use of the zero tariff policy of 100% taxable products, and feature high-quality products such as Nigerian soybeans, Benin pineapples, Burundi coffee and so on.

Madagascar economist Rabenja Claudiu stated that China is committed to providing a platform for economic and trade exchanges and cooperation between Africa and China, and will promote more African countries to better integrate into the global industrial chain and value chain, and share the dividends of globalization development.

At this year's CIIE, more than 80 overseas business associations from over 50 countries and regions, along with over 1500 small and medium-sized enterprises, participated in the exhibition. Dorothy Teng Bo, Deputy Executive Director of the United Nations International Trade Centre, stated that the CIIE provides a platform for global small and medium-sized enterprises to share the opportunities of the Chinese market, allowing development achievements to benefit people from all countries more and fairly.

In the new era, we share the future. The CIIE is like a bridge that connects the international community and jointly depicts a new blueprint for world economic cooperation and win-win outcomes. Taking the 8th CIIE as an opportunity, China will make new contributions to promoting world economic recovery, promoting global common development, and building a community with a shared future for mankind by opening up to alleviate development difficulties, pooling the power of cooperation, and gathering the momentum of innovation.