The first ever China International Import Expo, taking place in Shanghai this November, will be something unique, innovative and creative in the history of world trade, the special envoy for China’s Ministry of Commerce told a China Business Conference in London on Wednesday.
Organized by the China-Britain Business Council, the sixth Annual CBBC China Business Conference drew more than 400 delegates from the UK and China.
British Prime Minister Theresa May sent a video message to conference delegates, saying her visit to China earlier this year had provided a great opportunity to see for herself the benefit brought by trade between the two nations.
This year’s conference focused on “China and the UK: A Relationship for the New Era”, and topics discussed included the Belt and Road Initiative, Chinese consumers and future cities.
“In the new era, China will open its arms wider to the world and invite other countries to share its new development opportunities. Trade and economic cooperation between China and the UK will embrace a promising future and deliver more benefits to the peoples of our two countries.”
Sassoon said the Expo could prove to be as an important milestone as China’s accession to the World Trade Organisation.
According to Yu, in the next five years, China is expecting to import products and services valuing more than $10 trillion, which provides a historic opportunity for enterprises across the world to enter the huge Chinese market.