{"id":20110,"date":"2019-11-10T00:00:50","date_gmt":"2019-11-10T08:00:50","guid":{"rendered":"https:\/\/lapost.us\/?p=20110"},"modified":"2019-11-10T00:00:50","modified_gmt":"2019-11-10T08:00:50","slug":"high-popularity-of-second-ciie-reveals-vitality-of-chinese-economy","status":"publish","type":"post","link":"https:\/\/lapost.us\/?p=20110","title":{"rendered":"High popularity of second CIIE reveals vitality of Chinese economy"},"content":{"rendered":"<p>By Du Haitao, Yu Jingxian, Han Xin, Shen Wenmin from People\u2019s Daily<\/p>\n<div class=\"w980 wb_10 clear\"><\/div>\n<div class=\"page_pic\">\n<div class=\"pic\">\n<table width=\"450\" cellspacing=\"0\" cellpadding=\"3\" align=\"center\">\n<tbody>\n<tr>\n<td align=\"center\"><a href=\"http:\/\/en.people.cn\/n3\/2019\/1110\/c90000-9630872-2.html\"><img decoding=\"async\" src=\"http:\/\/en.people.cn\/NMediaFile\/2019\/1110\/FOREIGN201911101006000201997259373.jpg\" alt=\"High popularity of second CIIE reveals vitality of Chinese economy\" \/><\/a><\/td>\n<\/tr>\n<tr>\n<td class=\"picdesc\" align=\"center\"><span style=\"color: #000000;\">Merchants and buyers negotiate during a matchmaking conference of the second CIIE. Photo by Qu Song from People\u2019s Daily<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<div class=\"right_btn\"><\/div>\n<\/div>\n<div class=\"wb_12 clear\">\n<p>The China International Import Expo (CIIE) is a platform for global enterprises, and also a mirror that reflects China\u2019s economic vitality. The second CIIE currently being held in Shanghai is demonstrating the strong pulses of the Chinese economy.<\/p>\n<p>\u25cf High market demand bringing high popularity of the second CIIE<\/p>\n<p>Paul Lindblad, President of international chemical company Wacker Chemicals, Greater China, told People\u2019s Daily that the sales volume of the Greater China currently accounts for 20 percent of the group\u2019s global total, and it had exceeded that in Germany as early as 2010, becoming the largest single market of the group. This year, coming to the CIIE for the second time, Wacker Chemicals has upgraded its booth to an independent one.<\/p>\n<p>Over 500,000 professional buyers registered for this year\u2019s CIIE, more than those in the first session. 39 trade groups and about 600 trade sub-groups consisting of enterprises from around the country participated the grand event. The numbers of professional buyers from different regions of China witnessed obvious increase, with some even doubling the figures in the previous year.<\/p>\n<p>This year, all of China\u2019s 97 central enterprises have established trade sub-groups, and their total number of professional buyers has reached 21,000, up by 4,000 from a year ago.<\/p>\n<p>At the Matchmaking and Purchasing of Henan Cross-border E-commerce and Signing Conference of the second CIIE held on Nov. 6, Henan Bonded Logistics Center purchased a total of 3.22 billion yuan of imported products and services.<\/p>\n<p>\u25cf Technology contributing to innovation of Chinese enterprises<\/p>\n<p>At the second CIIE, equipment and technological products are receiving close attention from professional buyers. The higher the technologies are, the more demand these products are seeing. It demonstrates the urgent need of the Chinese enterprises to promote their own innovation capability through foreign high-tech products.<\/p>\n<p>Ji Nengping, chairman of Jiangsu Shanglong Water Supply Equipment Co., Ltd., told People\u2019s Daily that they bought two sets of large processing equipment from a Spainish company at last year\u2019s CIIE which could keep the error range within only 0.01 millimeter and improve processing efficiency by over three times. \u201cSuch equipment can not only improve product quality, but also promote independent innovation of enterprises,\u201d Ji said.<\/p>\n<p>Fabrice Megarbane, president and CEO of L&#8217;Or\u00e9al China, noted that China has become a \u201cworld lab\u201d, and more and more innovation from the country is contributing huge energy to the development of the global economy.<\/p>\n<p>\u25cf Upgrading consumption structure leading to higher importance attached by manufacturers on quality<\/p>\n<p>With a \u201cbeep\u201d sound, two cups were filled with coffee of different tastes under a coffee maker made by Italian company De&#8217;Longhi exhibited at the second CIIE. The coffee maker attracted huge crowds at the Expo.<\/p>\n<p>\u201cAs Chinese consumers are having strong demand of featured and quality products, China is now a giant and potential market for coffee consumption,\u201d said Wang Yingpin, marketing manager of De&#8217;Longhi, introducing that all of the company\u2019s coffee makers have been equipped with Chinese operation interfaces.<\/p>\n<p>Deng Jianxin, general manager of an agricultural company from southwest China\u2019s Guizhou province arrived in Shanghai on Nov. 5, hoping to find his company proper equipment producers at the second CIIE. \u201cThough we are a startup, we are committed to becoming the world\u2019s top processing company of roxburgh rose drinks,\u201d Deng said.<\/p>\n<p>A great number of small- and medium-sized companies just like Deng\u2019s are attending the second CIIE. Thanks to China\u2019s policies of tax and fees reduction, they are releasing stronger energy and becoming a major purchasing force at the event.<\/p>\n<p>\u25cf Merchants assured by China\u2019s favorable business environment<\/p>\n<p>\u201cUpgraded 3D-print facial masks are expected to be introduced to Chinese stores soon,\u201d said Gao Xin, general manager of marketing department of AmorePacific, a South Korean beauty and cosmetics conglomerate. Due to the restriction of policies, this product was not able to be introduced to the Chinese market during last year\u2019s CIIE. Learning the information, related government officials visited the company and had relevant discussion, Gao noted.<\/p>\n<p>\u201cThis year, we brought the second-generation of the 3D-print facial masks,\u201d Gao told People\u2019s Daily, adding that the print speed is four to five times faster than that of the previous generation. More importantly, these products are now totally accessible for Chinese consumers, Gao said.<\/p>\n<p>This year, the efforts to protect intellectual property rights are a highlight of the CIIE. At the comprehensive service area, and the Service Center for IPR Protection and Commercial Dispute Resolution, which are inevitable passages for the exhibitors, relevant legal consultation and mediation services are provided.<\/p>\n<p>Heads of attending foreign enterprises noted that China\u2019s enhanced efforts to protect IPR have prominently improved the environment for innovation, and assured their confidence in the Chinese market.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>By Du Haitao, Yu Jingxian, Han&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,8],"tags":[],"class_list":["post-20110","post","type-post","status-publish","format-standard","hentry","category-business","category-china"],"_links":{"self":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/20110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20110"}],"version-history":[{"count":1,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/20110\/revisions"}],"predecessor-version":[{"id":20111,"href":"https:\/\/lapost.us\/index.php?rest_route=\/wp\/v2\/posts\/20110\/revisions\/20111"}],"wp:attachment":[{"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lapost.us\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}