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Seminar emphasizes CIIE spillover effects as Delta cities hail benefits
From:Shanghai Daily  |  2020-10-15 08:29

Authorities and enterprises shared their efforts and achievements in boosting thespillovereffect of the China International Import Expo and promoting integrated development of the Yangtze River Delta at a seminar yesterday.

The event focused on discussing building platforms and setting up mechanisms, so as to enable thespillovereffect to benefit more cities, enterprises and people.

“The first two sessions of the expo welcomed 2,429 companies and organizations in general, with 9,205 purchasers and professional visitors fromChangzhouinJiangsuProvince,” Hang Yong, the city’s vice mayor, revealed.

With the promotion of integrated development of the Yangtze River Delta region,Changzhou’sparticipation in the expo is growing in the numbers of both participating firms and people, Hang said. This year, a total of 976 companies inthe city hadregistered for the third CIIE, with 5,038 buyers and professional visitors.

JiaxinginZhejiangProvince, meanwhile, has made contributions to attract CIIE participants in the previous two editions, with foreign exhibitors invited bythe citycovering a total area of 1,128 square meters.

The city also organized 9,159 people from 2,382 enterprises to take part in the first and second CIIE, achieving on-site purchases with an overall value of US$856 million, saidShengQuansheng, Jiaxing’svice mayor.

“The holding of the CIIE and the promotion of integrated development of Yangtze River Delta has brought an unprecedented opportunity for Jiaxing’s development,”Shengsaid.

Also at the seminar, Orient International Group, along with the Shanghai branch ofEximBank of China and the Alliance of Integrated Trade Service Providers of the Shanghai Trading Group of the CIIE, launched an evaluation system of a index for China’s consumption of imported goods in the Yangtze River Delta.

The evaluation system comprises six major sub-indexesmeasuring scale, structure, purchase, price and popularity, which will not only reflect the quantity, scale and development status of imports, but also reflect the quality, structure, effectiveness and development trend of imports, according to the group.

The first edition of the index will be released during the upcoming third expo.