Record Deal at the 6th China International Import Fair

Record Deal at China International Import Fair
Record Deal at China International Import Fair

📩 11/11/2023 13:48

The 10th China International Import Fair, which ended in Shanghai on Friday, November 6, reached an important milestone with a deal amount of 78,41 billion dollars. The contract amount in question represents an increase of 6,7 percent compared to the previous year. The data was presented during a press briefing by CIIE Deputy Director Sun Chenghai, who underlined the expo's increasingly global impact.

Representatives of 154 countries, regions and international organizations participating in this year's fair exhibited 442 new products, technologies and services. At this year's fair, 11 countries showed up in the 'exhibition zone of countries'. Sun said these are Bahrain, Central African Republic, Dominican Republic, Gambia, Guinea Bissau, Honduras, Mali, Oman, Sierra Leone, Togo and Zimbabwe.

Companies in the US pavilion reached memorandums of understanding worth $505 million with buyers from various provinces and cities in China, including Jiangsu, Fujian and Shenzhen. 9 exporting companies from 20 African countries signed agreements worth a total of 148 million dollars. Pineapple and cashew nuts brought from Benin and coffee products from Ethiopia and Rwanda attracted great attention at the fair.

The area where the companies' pavilions are located broke a record by hosting 500 members of the Fortune 289 list. Meanwhile, in the field of innovation and development, which is a focus of creativity, 39 projects from 300 countries were introduced, exceeding the total of the previous two fairs.

Considering the success of the 6th fair, preparations for the seventh edition have already started. Currently, four contract ceremonies have been prepared and approximately 200 companies have promised to participate; In this case, it has already become clear that an exhibition area of ​​more than 100 thousand square meters will be required.