Nov 05, 2019 (China Knowledge) - China International Import Expo (CIIE) 2019 has officially launched in Shanghai today. The CIIE 2019 is part of an annual series of expos by the Chinese government to promote trade liberalization and economic globalization, and at the same time open the Chinese market to the global exporters. The expo will facilitate countries and regions all over the world to strengthen economic cooperation and trade.
In the keynote opening address earlier this morning, Chinese President Xi Jinping welcomed all the guests at the ceremony, and affirmed China’s efforts in continuing to open up its domestic market and increase global trade. President Xi emphasized that China will take steps to cut tariffs and business costs, facilitate trade through setting up innovative demonstration zones, and increase import of high-quality products and services from other countries.
In addition, improvements will be made to ease access for foreign investments. As the world’s largest market and second economy the country will continue to play an important role in promoting global trade and liberalizing its market for foreign trade partners. President Xi also urged countries to reduce trade barriers so as to promote an open and cooperative global economy.
The CIIE 2019 is widely believe to a major platform for countries to come together and improve trade ties. The expo will also exhibit several high-tech products, such as humanoid robots, AR smart glasses and 5G ambulances.
More than 3,800 companies from over 170 countries and regions will participate in this year’s event, which will take place from Nov 05 to Nov 10 at the National Exhibition and Convention Center (Shanghai). It is estimated that the expo will attract over 500,000 visitors throughout the five days.
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