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This year marks the anniversary of the founding of the People's Republic of China. The 7th China International Import Expo is an important economic and diplomatic event held after the successful convening of the Third Plenary Session of the 20th Central Committee of the Communist Party of China, and hosting the 7th Expo holds special significance. Under the guidance of President Xi Jinping's important instructions on the Expo, such as "getting better and better," and with the joint efforts and strong support of all parties, the 7th Expo and the Hongqiao International Economic Forum have achieved their expected goals, successfully hosting a global economic and trade event with distinct openness, numerous highlights, and fruitful cooperation results. This event showcases China's confidence and determination to promote reform and development through openness, and to provide new opportunities for the world through China's new development, making a positive contribution to promoting an inclusive and equitable economic globalization.

Overall, the 7th CIIE achieved the following results.

I. Major events are of high caliber, with a louder voice of openness

On the date, Premier Li Qiang of the State Council attended the opening ceremony and delivered a keynote speech, pointing out that the successful hosting of the CIIE is a mutual commitment between China and the world, and proposed that China will take practical actions to better consolidate the consensus on openness by adhering to keeping promises, better expand the space for openness by adhering to mutual benefit and win-win, and better shoulder the mission of openness by adhering to shared destiny, which sparked enthusiastic responses from Chinese and foreign guests. Premier Li Qiang visited the corporate exhibition before the opening ceremony and toured the exhibition hall together with foreign leaders after the ceremony. Malaysian Prime Minister Anwar, Uzbekistan Prime Minister Alipov, Kazakh Prime Minister Bекеtеnov, Mongolian Prime Minister Oyun-Erdene, and Serbian Prime Minister Vucic attended the opening ceremony and delivered speeches. WTO Director-General Ngozi Okonjo-Iweala and UNCTAD Secretary-General Rebeca Grynspan delivered video speeches.

On a certain date, Premier Li Qiang held a meeting in Shanghai with representatives from exhibitors and purchasers of the 7th China International Import Expo. The participating enterprise representatives praised the efforts of the Chinese government in continuously easing market access, improving the business environment, and supporting business development. They expressed optimism about and commitment to further cultivating the Chinese market, expanding investments in China, and accelerating innovation and integrated development. Premier Li Qiang stated that the Import Expo has become an important platform for promoting mutual cooperation and win-win outcomes between China and the world. He hoped that foreign enterprises would continue to root themselves in the Chinese market, drive better alignment between the Chinese and global markets, jointly uphold economic globalization and free trade, and foster new drivers of global economic growth.

2. The National Exhibition features many highlights, playing an even more significant role in promoting an inclusive and equitable economic globalization.

The National Exhibition of the current CIIE has brought together countries and international organizations from five continents, covering an exhibition area of 100,000 square meters. France, Malaysia, Nicaragua, Saudi Arabia, Tanzania, and Uzbekistan served as guest countries. Benin, Burundi, Lesotho, Madagascar, Namibia, Norway, Slovakia, and UNICEF participated for the first time.

Exhibiting countries and international organizations place great importance on the national exhibition platform, integrating their respective cultures, ethnic characteristics, and modern technology into their booth designs. Numerous engaging booth activities have been held, showcasing rich historical heritage while also allowing audiences to understand the unique strengths of various countries in different fields. The Malaysia Pavilion features many local well-known enterprises, displaying achievements in key industries such as specialty foods, manned aircraft, and information and communication technology. The France Pavilion comprehensively showcases advanced technology, food, consumer goods, healthcare, and other characteristic advantages. The innovative organization "Four-Leaf Clover, Five Continents United" has facilitated interactive exchanges among national exhibition organizers, providing a platform for diplomats and exhibitors from various countries to enhance communication.

The China Pavilion, themed "Advancing Chinese-style Modernization and Jointly Promoting World Development and Prosperity," showcases the rich achievements and vivid practices of China's comprehensive deepening of reforms, as well as the development accomplishments since the return of Hong Kong and Macau and the integration achievements across the Taiwan Strait. Many exhibits and interactive exhibits have garnered widespread attention and active participation from audiences both at home and abroad.

III. Corporate Exhibition Highlights High-Tech Content, with a More Focused Goal of Supporting the Development of New Productive Forces

The corporate exhibition of this year's CIIE continues to maintain an ultra-large scale of 10,000 square meters, with enterprises from countries and regions participating. A total of 220 enterprises and institutions have attended all seven editions, fully demonstrating the confidence of global enterprises in China's economic development and the attraction of China's super-large market scale. The corporate exhibition mainly features the following:

The first point is the extensive representation of participating enterprises. There are enterprises from countries participating in the "Belt and Road" initiative, enterprises from countries participating in the Regional Comprehensive Economic Partnership (RCEP), and enterprises from the least developed countries. The scale of participating enterprises from countries such as the United States, Japan, Germany, France, and the United Kingdom continues to lead.

Second, the curation and exhibition organization emphasize innovation. Focusing on the development of new high-quality productive forces, a new materials zone was established for the first time in the technology and equipment exhibition area, covering high-value-added products such as electronic materials, biomaterials, and special materials. The integrated circuit zone was enhanced by introducing leading companies such as memory chip manufacturers and electronic design automation solution providers. More than half of the exhibitors in the automotive exhibition area showcased the latest technologies and innovative achievements in autonomous driving and new energy storage. The innovation incubation zone featured innovative projects from various countries and regions, providing support for the development of small and medium-sized enterprises and startups.

The third aspect is the higher quality of participating enterprises. This year's CIIE has brought together numerous top-tier global companies, with the number of Fortune Global 500 and industry leaders reaching a record high. This includes the world's top ten industrial electrical companies, top ten medical device companies, four major water treatment companies, four major grain merchants, four major vegetable seed companies, three luxury goods groups, three fast fashion groups, eight major cosmetics and personal care companies, four major accounting firms, and three major courier companies.

There are numerous new products debuting and being showcased for the first time. As a platform promoting high-level openness, the CIIE annually gathers new and high-quality products from around the world. This year, multinational companies have brought forth a series of new products, technologies, and services for their first global, Asian, and Chinese debuts, actively supporting the "debut economy" and stimulating new consumer dynamics.

4. The Hongqiao Forum is highly internationalized, significantly boosting the momentum for global open cooperation.

The 7th Hongqiao Forum, themed "Adhering to High-Level Opening-Up to Promote an Inclusive and Inclusive Economic Globalization," held its main forum and sub-forums such as the release and international seminar of the "World Openness Report," as well as closed-door meetings like the Roundtable on Foreign-Invested Enterprises and the Development of U.S. Companies in China, and promotional activities related to "Investing in China." The main features of the event included:

One is the high-heat topic focusing on cutting-edge hotspots. For the first time, topics such as new energy vehicles and new energy storage have been set up, discussing hot topics such as artificial intelligence, the Global South, the WTO and China, consumption upgrading, cooperation in industrial and supply chains, first-time economic activities, standard cooperation, intellectual property protection, the development of U.S. companies in China, and financial openness, covering important fields such as new quality productivity, new industrialization, business environment, and youth development, attracting extensive attention from all sectors.

The second is the high-level guest lineup benchmarking world-class standards. Numerous authoritative figures from the political, business, and academic sectors participated in the sub-forum discussions, with nearly half of the speakers from overseas institutions. The forum featured top scholars such as Nobel Prize, Turing Award, and Fields Medal winners, as well as academicians and members of the Chinese Academy of Sciences, along with many global executives of foreign enterprises and vice-ministerial level guests, who engaged in in-depth discussions, exchanged ideas, and contributed their wisdom. The total registration scale of the forum exceeded [number] people.

Thirdly, high-level reports expand the influence of the forum. The release of the "World Openness Report" and the latest World Openness Index features a more scientific measurement and more distinct openness hotspots, further enhancing the report's scientific, international, and authoritative nature. Multiple international organizations, government agencies, and think tanks, including UNCTAD, UNIDO, the State Administration for Market Regulation, and the National Information Center, have issued various reports, indices, and initiatives.

Four is to enhance the comprehensive effect through high-efficiency interaction. Benchmarking against top international forums, carefully organized pre-opening reception activities, fully utilized the waiting period, facilitated efficient interaction among heavyweight attendees, promoted political and business exchanges, trade and investment cooperation, supported "Invest in China," and created a lively atmosphere on-site, receiving positive feedback from both domestic and international guests as well as upstream and downstream supply chain enterprises.

V. Accurate Trade and Investment Matchmaking Enhances the Sense of Achievement for Exhibitors and Buyers

In recent years, the CIIE has highlighted its international procurement and investment promotion functions. Firstly, the scale of professional audiences has expanded. Government and industry transaction groups have organized over 100,000 professional visitors for registration, a year-on-year increase of %. Secondly, there are more scenarios for supply and demand matching. Nearly 100 trade and investment promotion events were held during the trade and investment matchmaking conference. For the first time, a key buyer selection meeting was organized, inviting large supermarkets, agents, distributors, catering businesses, cross-border e-commerce, live streaming e-commerce, and new retail channel operators to engage in special matchmaking activities with exhibitors. Exhibitors were matched based on intended procurement needs to enhance the accuracy of negotiations. The newly established buyer's corridor was fully occupied. Thirdly, digital empowerment has become more effective. By utilizing the online supply and procurement hall and the digital CIIE platform, nearly 100,000 procurement needs were released to facilitate preliminary matching between suppliers and buyers. Fourthly, the exhibition viewing service has been optimized. Over 100 viewing groups were organized, with exhibitors providing concentrated explanations and specific viewing routes being detailed, thereby bridging the "last mile" for precise matchmaking between exhibitors and visitors.

This year's CIIE saw active transactions, with intended transaction amounts totaling . billion USD on an annual basis, representing a .% increase from the previous year.

In addition, a large number of activities such as policy interpretation, signing ceremonies, investment promotion, research releases, product displays, and new product launches were held centrally. Forums on trade digitization and cross-border e-commerce development, the "Belt and Road" Ecological Agriculture and Food Safety Forum, and the China International Petroleum Trade Conference have been held for multiple consecutive sessions, forming a strong brand effect. Organized centralized signing events, reaching nearly cooperation intentions. Held new product launch events, showcasing cutting-edge technological products. Meanwhile, institutions participated in cultural exchange exhibitions, with Chinese and foreign performing groups presenting public performances, collectively showcasing the charm of Chinese and foreign humanistic arts. The cultural exchange exhibition area exceeded 10,000 square meters.

Six, on-site service is well-guaranteed, making the experience of exhibitors and attendees even better.

Scientific planning and reasonable placement of comprehensive service areas and other functional points. Added temporary navigation signs. Utilized intelligent technology to simplify the process of certificate registration and review. Optimized catering services, introduced the "pre-order delivery, fast arrival at booth" function, and established a "CIIE exclusive meal area" of square meters. Continued to achieve full green construction and % green power for the exhibition. Fully optimized and upgraded the forum information system, first-time opening of the message reservation function, allowing one-stop completion of forum registration, information inquiry, and guest interaction. Widely disseminated service guarantee information such as transportation. Optimized exhibition hall navigation and intelligent Q&A convenience services. Continuously tracked and collected exhibitor and visitor demands and suggestions during the event period, and improved feedback in the first instance. As of noon on the day, the current CIIE had a cumulative attendance of . million people.

While successfully hosting the 7th CIIE, preparations for the 8th edition have already begun in full swing, with over 10,000 square meters of exhibition space for the next year's corporate pavilion already secured.

Source: Ministry of Commerce

Editor/Sun Nan

Review/Time

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