TOPIC

China International Import Expo

China International Import Expo
China's inaugural trade fair for boosting imports to close the nation's trade surplus with trading partners, and restructure the economy's growth from an export-driven to consumption-led model.
Ikea and other global lifestyle-goods retailer are opening new stores in China. Photo: AFP
Consumers

From Ikea to Muji, foreign brands still bet big on Chinese consumers

Lifestyle-product retailers are investing in new stores in China, as richer consumers continue to splurge on quality imports.

US-China tech war

Global businesses bet on China’s market despite US trade tensions

Semiconductors

South Korea’s Samsung and SK Hynix push latest memory products at CIIE

US-China relations

Tied to China, US agricultural interests see hope in expo orders this week

American pavilion at Shanghai’s China International Import Expo viewed as a show of goodwill to keep trade flowing in difficult geopolitical times.

The China International Import Expo kicked off in Shanghai on Tuesday. Photo: Xinhua
China-Australia relations

China, Australia sign avocado agreement at Shanghai expo amid warming ties

Australia’s avocado trade association and China’s trade body signed an agreement at the China International Import Expo in Shanghai on Wednesday.

China economy

Premier Li Qiang says China can play stabilising role in global economy

At the China International Import Expo (CIIE), Li highlights the importance of opening up its market to trading partners.

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Banking & finance

Shanghai expects record turnout at world’s biggest import trade fair in November

The world’s biggest import trade fair to be held in Shanghai in November is expected to see deals top last year’s all-time high of US$78.4 billion, organisers say.

The Japanese Nachi booth at the China International Import Expo (CIIE), Shanghai, November 2023. Photo: Frank Chen
China trade

China is still a ‘huge market’ for Japan exporters even as trade slackens

Some 350 Japanese exhibitors attended this year’s China International Import Expo (CIIE), showing an eagerness to explore the Chinese market despite ongoing tensions.

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Medicine

Fosun Pharma to deliver China-made surgical robots in key medical milestone

The Fosun Group is looking to make another major leap in the healthcare industry as it prepares to deliver locally-made surgical robots to hospitals.

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China trade

Will China’s arbitration ‘sore spot’ sink its shipbuilding ambitions?

China is a world leader in terms of shipbuilding capacity and trade volume, but it is seen to lag behind in terms of services surrounding the industry, including arbitration to resolve disputes.

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China overtook Greece in August as running the largest commercial fleet in terms of tonnage, with a capacity of 294.2 million gross tonnage, according to the state-backed Xinhua News Agency. Photo: Costfoto/NurPhoto via Getty Images
China economy

CIIE deals hit record US$78.4 billion amid China’s push to mend trade ties

The value of deals at the six-day CIIE rose 6.7 per cent year on year, according to the organiser CIIE Bureau. Exhibitors at the American Food and Agriculture Pavilion signed US$505 million worth of deals.

A general view of the China International Import Expo in Shanghai, which ended on Friday. Photo: EPA-EFE
China trade

China-Philippines tensions roil, but it’s ‘business as usual’ for trade

Despite bickering over the South China Sea – and clashes that have only made things more contentious – the China-Philippines trade relationship has remained largely unaffected.

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China trade

With designs on China, H&M targets Chinese consumers via localisation hub

H&M launched a design hub at the China International Import Expo in Shanghai this week amid efforts to improve the localisation of its products.

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Semiconductors

Micron, ASML and Samsung attend CIIE but Nvidia absent amid chip war

US, South Korean and Dutch semiconductor companies put up booths at CIIE in show of commitment to China market amid escalating US-China chip war.

Micron is attending the CIIE for the first time this year. Photo: AP
China trade

China-Afghanistan agriculture trade planting seeds for stronger ties

Potential import agreements could lead to a broader and more definitive relationship between China and Afghanistan, as the latter country struggles to pull itself out of a war- and disaster-induced economic slump.

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Trade between China and Afghanistan is on the rise, auguring closer ties between the two countries in other areas. Photo: Reuters
US-China relations

Chinese vice-premier to visit US this week as trade ties shine in Shanghai

Vice-Premier He Lifeng will begin his five-day visit to the US on Wednesday ‘at the invitation of US Treasury Secretary Janet Yellen’, the Ministry of Foreign Affairs said on Monday.

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China trade

Durian demand surge sees Philippines cash in at China’s largest import expo

Southeast Asian countries are looking to cash in on China’s growing love for durian, and new agreements with the Philippines and Malaysia could be a boon for the tropical fruit trade.

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Belt and Road Initiative

CIIE 2023: Li Qiang promotes Chinese consumers as fix for global economy

China’s middle class has ‘colossal purchasing power’ with ‘huge’ potential for foreign businesses, Li says at world’s biggest import fair in Shanghai.

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Chinese Premier Li Qiang (left) and Australian Prime Minister Anthony Albanese shake hands during the opening ceremony of the sixth China International Import Expo (CIIE) in Shanghai on Sunday. Photo: AFP
Belt and Road Initiative

CIIE 2023: Premier Li Qiang to reach out to global investors in bid to mend ties

Chinese Premier Li Qiang is likely to extend an olive branch to global businesses and investors to bolster cross-border trade and FDI inflow, sources said.

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US-China relations

Exclusive | US to send strongest-ever delegation to China import expo amid improving ties

The six-day China International Import Expo (CIIE) begins in Shanghai on Sunday, with the US set to send its strongest-ever delegation amid improving relations between Beijing and Washington.

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Electric & new energy vehicles

Beijing kicks off CIIE countdown by appointing business delegates

Beijing has mobilised 39 business delegations to ensure the purchase of goods and services at the China International Import Expo, in its latest effort to maintain strong economic ties with foreign businesses and head off any chance of a decoupling with the West.

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A file photo of the China International Import Expo in Shanghai from last November. A total of 2,800 companies from 130 countries and regions took part in the event last year. Photo: Xinhua
China economy

Deals worth US$73.5 billion signed at CIIE despite fewer exhibitors, visitors

The value of deals signed during the six-day China International Import Expo in Shanghai rose 3.9 per cent year on year to US$73.5 billion. There were 100 fewer exhibitors and 19,000 less visitors versus last year.

The fifth China International Import Expo, which ended in Shanghai on Thursday, saw 19,000 fewer visitors compared with last year. Photo: AFP
Transport and logistics

New ship deliveries likely to hit Chinese freight rates next year

Ocean shipping rates for goods leaving China are likely to fall next year when freight operators take delivery of new vessels, according to carriers at a major trade fair in Shanghai.

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China economy

German exhibitors at China import trade fair expect business ties to improve

German exhibitors at import trade fair are optimistic of improving trade ties between China and Germany in wake of Chancellor’s visit to Beijing.

Business of climate change

Shanghai expo’s focus is on sustainability, but visitors have mixed feelings

While sustainability seems to be the predominant theme at the China International Import Expo in Shanghai, not everyone is on board with the idea of green living.

Uniqlo’s range of sustainable fashion wear on display at the 5th CIIE in Shanghai in November 2022. Photo: SCMP
Tesla

Tesla dominates Shanghai trade expo, showing ‘China still wants US goods’

The electric car giant drew large crowds at the China International Import Expo on Sunday, indicating soured relations between Beijing and Washington have not undermined demand in the mainland.

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Tesla’s Model S Plaid and Model X Plaid are proving a big draw for consumers at the exhibition. Photo: Reuters
Hong Kong reopens

More than 200 Hong Kong firms join import trade fair in Shanghai

Among participating Hong Kong enterprises this year, 47 are led by the Hong Kong Trade Development Council, the government’s official exhibition organiser.

China trade

Xi promises world ‘big opportunities’ as China’s markets open up further

The president was speaking at the start of the China International Import Expo, where some 3,000 foreign companies will display their latest products and technologies, up 3.4 per cent from last year.

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