World Expo Boosts China-CEEC Economic

World Expo Boosts China-CEEC Economic and Trade Relations

Beijing – As Chinese consumers become more familiar with their products. Companies in Central and Eastern European countries may increase world export orders. More than 6,000 buyers from all over the country expected to look for deals at the upcoming China-Central and Eastern Europe Expo and International Consumer Goods Expo.

The expo will held in Ningbo, the eastern city of Zhejiang Province from June 8 to 11. More than 300 CEEC companies expected to participate in the expo. Its products include private jets in Slovenia, high-end kitchen appliances in the Czech Republic, and popular The product. Polish skin care brand.

Ren Hongbin, Assistant Minister of Commerce, said: This Expo will provide Chinese consumers and enterprises with a variety of products with characteristics of Central and Eastern Europe.

In the past few years, China’s trade and investment cooperation with Central and Eastern European countries has been accelerating. From 2012 to 2020, bilateral trade has grown at an average rate of 8%, which is more than twice the growth of Sino-European trade over the same period.

Ren Zhigang said: China exports a large number of parts and intermediate products to Central and Eastern European countries.

These products are processed and then exported to nearby countries. The two sides added that the supply and industrial chains of the two countries complementary.

Ren Zhiqiang pointed out that during this period. China’s exports to Central and Eastern European countries increased by an average of 7.6%. While China’s imports from these countries also increased.

The country previously announced plans to import $170 billion worth of goods from Central and Eastern European countries in the next five years. In the first quarter of this year. China imported 8.17 billion U.S. dollars worth of goods from these countries, a year-on-year increase of 44.7%.

Zhu Congjiu, Vice Governor of Zhejiang Province, said that the host province. Zhejiang Province, will strive to import US$20 billion worth of goods from Central and Eastern European countries in the next five years.

We will promote Zhejiang to become the center of cooperation between China and Central. However, Eastern European countries and the bridge for these countries to enter the China-world market, Zhu said.

Ren Zhiqiang said that China will use the World Expo as an opportunity to expand the cooperation between the two sides in new areas of green, low-carbon and digital fields. Ren Zhengfei said: We will use this Expo and various mechanisms and platforms to further promote. The sustainable development of trade between China and Central and Eastern European countries and contribute to the recovery of the global economy.

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