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The second China International Import Expo (CIIE) ends on November 10. What are some of the results? How have China-U.S. ties evolved as a result of the expo? CGTN turns to experts and entrepreneurs for answers.
The import expo has showcased to the world not only China's great market potential but also the country's determination and action to further open up and support globalization and free trade.
Investments from BRI and the success of CIIE show that the region is welcoming the balancing of trade and China's commitment to create an economic system that benefits everyone.
With the latest institutional developments in intellectual property protection, China demonstrates to the world that it is a promising environment for both domestic and international business.
The CIIE is the largest expo in China in terms of imports. Almost all provincial and municipal governments will participate in the event, including departments overseeing customs and trade, and also, some foreign trade agencies. This provides ample opportunities for foreign enterprises in China.
Doing business internationally requires friends and partners. China's circle has been growing steadily and now the hope is that the China International Import Expo (CIIE) can help attract more countries to China's large market.
Surgeons have, for centuries, been pursuing precision, flexibility and control in their procedures. Now, with the help of surgical robots, more and more patients have been able to heal earlier, with less pain and blood loss.
The newly released figures from China's top customs regulator, the General Administration of Customs, showed imported wines account for around 40% of the Chinese wine market. In 2018, the Chinese market consumed 730 million liters of imported grape wine valued at nearly 9.7 billion U.S. dollars. Before that, imports of wine rocketed nearly tenfold in a decade.
Pernod Ricard is the world's second largest wine and spirits company. And it is the second time the company is attending the China International Import Expo (CIIE). CGTN spoke to Jean-Etienne Gourgues, the Managing Director of Pernod Ricard China. He shared how the company plans to expand Chinese market with the help of CIIE and his suggestions on how to further explore the Chinese market.