SHANGHAI - THE Government of the People’s Republic of China has invited the Lesotho Government, through the Ministry of Trade, Industry, Business Development, and Tourism (MTIBDT), to participate in the China International Import Expo (CIIE), to be held in Shanghai next month.
business
Oct. 12, 2023
SEEPHEPHE MAHAO
2 min read
China ready for biggest import expo
Song Shangzhe of China International Import Expo Bureau
Story highlights
The sixth famous Shanghai Trade Fair will be held at the National Exhibition and Convention Centre from November 5–10.
The exhibition is hosted by the Ministry of Commerce and the Shanghai Municipal People's Government, while the China International Import Expo Bureau is the organiser.
Lesotho’s trade ministry further extended an invitation to its Investment Promotion Agency, Lesotho National Development Corporation (LNDC), to beef up the country’s participation at the trade fair.
The LNDC therefore called on the country’s manufacturers, agricultural producers, and agro-processing companies that have export-ready products to participate at this year’s trade promotion event of CIIE.
The CIIE is one of the largest import expos aimed at opening up Chinese markets and liberalising trade to promote global trade and economic growth, and therefore local companies must take advantage to grow their businesses globally.
China has the world’s largest population, thus making it the biggest importer and consumer in the world.
The event has been held consecutively and successfully for the past five years, with the quality of the exhibition continuing to be remarkable and drawing more international enterprises.
This year, more than 3, 300 enterprises from 120 countries will participate in the exhibition.
The sixth CIIE will continue to follow the theme of "New Era, Shared Future", showcasing food and agricultural products, automobiles, intelligent industry and information technology, consumer goods, medical equipment, health care products, and trade services in six exhibition halls.
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Addressing a press briefing this week in Shanghai, Song Shanze from the CIIE Bureau said the President of China, Xi Jinping, explained that CIIE is the first national-level exhibition with imports as the theme in the whole world, adding that it is important for China to actively open up markets and to take advantage of opportunities for the whole world.
Song also introduced the Hongqiao Forum, held in conjunction with the CIIE, which will gather guests from national leaders, international organisations, senior officials from national organisations, and executives from top companies around the world.
The forum, he also said will provide a platform for high-level discussions on economic and trade cooperation.