More than 3,000 enterprises from over 150 countries and regions are participating in the second China International Import Expo (CIIE) held in Shanghai from November 5–10. The country with the largest exhibition area — 47,500 square meters — was, unexpectedly the U.S. Although the American government had said that it would not send high-level officials to the second CIIE, the number of U.S. companies participating reached 192, an increase of 18 percent over last year.
The most focused exhibition areas are devoted to equipment, science and technology, and food and agricultural products, among which the American enterprises can be prominently seen. An excellent platform for exhibition and trade deals, the huge number of exhibitors and visitors, and the unlimited economic potential of China are some of the main attractions of CIIE. Being represented here, Ford, General Electric, Microsoft, Boeing, Dell, DuPont, Johnson & Johnson, UPS, P & G, Facebook, all U.S. companies in the world's top 500 listing, clearly demonstrate the importance China plays in the global economy.
The economies of China and the U.S. are highly complementary, and a large number of procurement transactions concluded by buyers and U.S. companies in the first CIIE last year, have been implemented.
Wu Kun, general manager of Pfizer Biopharmaceutical Group in China, said the ongoing CIIE is a "global trade exchange platform,” which can bring new development opportunities for all professions and trades," and also enables the world to be full of expectations for a more open Chinese market".