The 28th East China Export Commodities Fair into 4 at the Pudong concluded. According to statistics, the total number of merchants and total transactions at the China International Fair has increased slightly. The reporter learned that in the context of the sluggish global trade situation and the rising trade protection power of some developed economies in recent years, the market along the “ Belt and Road †is becoming an increasingly important partner for Chinese companies.
"One Belt, One Road" along the market
Trade is increasing day by day
Statistics from the organizers show that more than 4,000 Chinese foreign trade companies participated in the China Fair, and the total number of clothing, textile fabrics and household goods booths accounted for more than 70%. At the current China Fair, 22,311 overseas visitors came from 109 countries and regions. The total number of merchants increased slightly by 0.77% compared with the previous session, of which Asian merchants accounted for 80%.
During the four-day session of the China Fair, a total of 2.32 billion US dollars was sold, an increase of 0.16% over the previous session. Among them, the transaction to Asia was 1.505 billion US dollars, an increase of 14.34%; for Europe, the transaction was 436 million US dollars, an increase of 1.92%.
Many domestic traders said that the demand for Chinese goods in many emerging markets along the “Belt and Road†is showing a growing trend, and it has strong complementarity with China's manufacturing industry. Bilateral trade has broad expansion space.
The “spinning agentâ€, an African best-selling product, has become a new business opportunity for Chinese companies. “Asians don’t know much about 'pine foam', it’s a niche product, but its demand in the African market is amazing.†Huzhou Meinuo Daily Chemicals Co., Ltd. said that after After market research found that this huge market, they concentrated on the technical force to carry out research and development, breaking the monopoly of European and American brands. "We have developed ten kinds of pine hair formulas, and also flew to Africa with samples. Please ask the local hair stylist. The indicators are scored and the current sales and market feedback are very good."
At the same time, products from the “Belt and Road†market have also been favored by domestic traders at the show. Nepalese cashmere scarves, Kashmiri carpets, Russian caviar, Burmese jade, Thai latex pillows, these booths are in the market. In the interview, the president of the Iranian Chamber of Commerce and Industry of China, Astora Asgaroladi, said that members of the Iranian Chamber of Commerce and Industry are very eager to take this opportunity to expand cooperation with China.
First release to promote the “Belt and Road†trade development plan
In order to further promote trade with countries and regions along the “Belt and Roadâ€, this year's China Fair will first issue the “China Mobile Action Plan to Promote the Trade in the Belt and Road†to establish a region along the East China region and the “Belt and Roadâ€. The cooperation and exchange mechanism of the region, the Chinese trade fair exhibitors from foreign companies have praised this.
At the East China Import and Export Trade Forum held by the Shanghai Municipal Commission of Commerce, Mr. You Yongsheng said that the Action Plan has established three basic principles to guide and standardize actions: First, integrate resources and actively connect. Give full play to the common influence of the provinces and cities held by the China International Trade Fair, and actively connect with the governments and economic and trade institutions along the line, and focus on establishing a long-term cooperation mechanism. The second is to actively assist and encourage cooperation. Play the role of the platform of the China International Trade Fair, accelerate the construction of regional trade facilitation, broaden the scope of trade cooperation and improve the level of trade liberalization. The third is to serve the enterprise and stimulate the market. Make full use of the time of the China International Trade Fair to encourage enterprises to conduct trade with countries and regions along the “Belt and Road†to expand new trade markets.
In addition, the Action Plan also clarifies the four major objectives, namely, exploring the establishment of a cooperation mechanism, basically forming a cooperation platform, fully demonstrating the brand effect, and achieving initial results in trade promotion. Focusing on the four major goals, the Action Plan proposes eight key tasks, including establishing and deepening mutually beneficial cooperation with countries and regions along the route, formulating and implementing the “Belt and Road†trade promotion support policy, and building the “Belt and Road†work in East China. Exchange platform and build a “One Belt, One Road†multi-party cooperation promotion platform.
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