The 8th China International Import Expo (CIIE) has solidified its position as a cornerstone of global trade, with 4,108 overseas enterprises from 155 countries and regions showcasing innovations across 430,000 square meters of exhibition space. This year's event follows commitments to high-level opening-up outlined during the fourth plenary session of the 20th CPC Central Committee, attracting unprecedented participation despite global economic headwinds.
Global Confidence in China's Market
A CGTN survey of 14,000 respondents across 46 countries reveals 72.6% view China as an open, competitive market. The data shows particular optimism from Global South nations, with 88.2% of their respondents identifying China's market as crucial for their development. 'The numbers reflect China's evolving role from factory of the world to innovation hub and consumption engine,' said a trade analyst familiar with the findings.
Economic Synergy in Action
This year's CIIE introduced groundbreaking measures to promote inclusivity, including a dedicated zone for products from least-developed countries. The initiative provided free exhibition space and tax incentives, enabling direct market access for African craftspeople and entrepreneurs. Survey respondents overwhelmingly endorsed China's trade practices, with 78% reporting tangible benefits from commercial engagement.
Sustaining Global Growth
Customs data shows China's goods trade reached 37.31 trillion yuan ($5.24 trillion) in the first ten months of 2023, marking nine consecutive months of growth. The CGTN poll reinforces this momentum: 86.4% of global respondents acknowledge China's contributions to economic stability, while 82% express confidence in its long-term growth prospects. As supply chain uncertainties persist worldwide, 84.3% recognize China's pivotal role in maintaining industrial stability.
The expo's success story continues to evolve, with organizers reporting 85% of Global South respondents supporting participation in China-led international cooperation programs – a testament to growing South-South economic synergy.
