Overwhelming response from Singapore enterprises for inaugural China International Import Expo, the highest level B2B trade platform for businesses expanding to China
- Singapore enterprises and SMEs are heeding the call to tap the latest trade event to benefit from cross-border transactions with China, particularly in professional services, lifestyle and food
- Pioneer group of Singapore exhibitors will enjoy first-mover advantage
28 May 2018 [Singapore] - Response has been overwhelming from around the world, including Singapore, for the China International Import Expo (CIIE) to be held from 5 to 10 November 2018. The Singapore Commercial Pavilion in each hall of the Expo’s Enterprise and Business Exhibition is now fully booked.
Announced by President Xi Jinping at the Belt and Road Forum for International Cooperation in May 2017, CIIE underpins the Chinese Government’s major initiative to improve the supply-demand balance to facilitate global trade. The prestigious trade platform is expected to offer rich opportunities for fostering partnership and cooperation with businesses in China and beyond.
The Singapore business community’s participation at CIIE is led by SBF in close collaboration with the China International Import Expo Bureau and National Exhibition and Convention Center (Shanghai) Co., Ltd, both organisers of the Expo. More than 100 Singapore exhibitors were exploring participation. Due to space constraints, some 50 businesses will represent Singapore at the Expo. CIIE has attracted an impressive list of professional purchasers from China’s domestic market and buyers from around the world.
The Singapore Commercial Pavilion will showcase the city state’s export capabilities in products and services to Chinese and international buyers. Key highlights include professional services, Singapore lifestyle products covering consumer goods, food and agriculture exhibits, as well as innovation and high-tech equipment.
“I am impressed with the scale of CIIE and the organiser’s commitment. It is amazing that CIIE is receiving overwhelming response globally, and we are in the midst of finalising Singapore enterprises’ participation. Nevertheless, we are confident that the high standards of the pioneer group of exhibitors, Singapore’s debut in this inaugural B2B platform, would be an impressive and fruitful one,” said Mr Teo.
“The inaugural Expo’s theme “New Era, New Platform” signals the Chinese Government's move towards a new era of high-level opening-up, representing an important landmark in China’s continual opening to the world. Singapore companies should not miss this opportunity to garner first-mover advantage by participating at CIIE”, added Mr Teo.
“CIIE is a significant move to open up the Chinese market to the world economies, and provides new growth engines for the development of the bilateral trade between China and Singapore. We are glad to host the sizeable group of Singapore enterprises at this important trade platform,” Madam Zhong Manying, Economic & Commercial Minister-Counsellor of Chinese Embassy in Singapore said. Madam Zhong added, “We believe the high quality of Singapore’s showcase will make a significant presence and accelerate the business spin-off at the fair.”
Singapore companies that missed the first wave of application can register in the waiting list. They may be able to take part if space becomes available later this year. Companies can also participate in other business events organised by SBF during the Expo, for instance, the Singapore-China Business Forum and the Singapore-China Networking Night.
Hosted by the Ministry of Commerce and the Shanghai Municipal Government, CIIE is expected to host businesses from more than 100 countries and regions. The Expo is supported by the World Trade Organization, United Nations Conference on Trade and Development and the United Nations Industrial Development Organization.