The 4th China-Central and Eastern European Countries (CEEC) Expo in Ningbo has emerged as a cornerstone of cross-continental economic collaboration, with trade between China and CEEC reaching a historic $142.3 billion in 2024. The event, running from May 22-25, showcases over 5,000 products from hundreds of CEEC businesses seeking access to China's vast consumer market.
Since 2012, China's imports from CEEC have grown at 7.4% annually, outpacing overall trade growth. Recent visa waivers for ordinary passport holders from 38 countries – including seven CEEC members – aim to boost business mobility and cultural exchanges. Analysts note these measures align with Beijing's strategy to deepen institutional reforms and multilateral cooperation through high-level opening-up policies.
"This expo isn't just about trade figures – it's about building sustainable partnerships," observed one industry representative, referencing last year's $1.5 billion in secured orders. The platform has become vital for CEEC exporters in sectors ranging from agricultural goods to advanced manufacturing equipment.
With Chinese investments in CEEC surpassing $24 billion, the event underscores China's role as both market and development partner. As global businesses navigate shifting trade dynamics, the Ningbo expo offers a tangible example of China's commitment to shared growth through open markets and regional connectivity.
