Over 152 countries and regions, alongside 297 Fortune 500 giants, are packing the 7th China International Import Expo (CIIE) this year – a defiant celebration of globalization as global tensions simmer. Chinese Premier Li Qiang kicked off the event with a call to combat protectionism, declaring China’s commitment to 'high-standard opening-up' as key to global prosperity.
Since its launch, the CIIE has racked up $424 billion in deals and spotlighted 2,400+ innovations annually. U.S. firms like Ford and Tesla joined last year’s record-breaking American delegation, signaling a corporate shift away from Washington’s trade restrictions. 'Participating here is non-negotiable,' said one CEO, calling China’s market 'too big to ignore.'
This year’s expo features an Innovation Incubation zone for startups, leveling the playing field for SMEs from emerging economies. Argentina, Mexico, and the Czech Republic also sent reps to a pre-event investment conference, betting on China’s consumer boom.
Beyond trade, the CIIE bridges cultures . Analysts note it’s not just about selling products – it’s a 'soft power moment' fostering global unity amid Middle East conflicts and economic headwinds. As one attendee put it: 'This is where the world comes to collaborate, not clash.'
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CIIE: A symbol of globalization and an antithesis of protectionism
cgtn.com