SCIO briefing on First China International Import Expo

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Speakers:
Mr. Fu Ziying, China’s international trade representative and vice minister of the Ministry of Commerce
Mr. Wang Bingnan, vice minister of the Ministry of Commerce
Mr. Zhou Bo, executive vice mayor of Shanghai

Chairperson:
Hu Kaihong, spokesperson of the State Council Information Office

Date:
Nov. 2, 2017

Hu Kaihong:

Ladies and gentlemen, good morning. Welcome to this press conference. At the Belt and Road Forum for International Cooperation in May, Chinese President Xi Jinping announced the nation would be hosting the China International Import Expo starting from 2018. Almost half a year has passed since then. Many people have expressed eagerness to know how preparations for the event are proceeding.

To address your needs, we have invited Mr. Fu Ziying, China's international trade representative and the vice minister of the Ministry of Commerce, Mr. Wang Bingnan, also a vice minister of the same ministry, and Mr. Zhou Bo, the executive vice mayor of Shanghai, to introduce the preparations made so far for the First China International Import Expo. They will also answer some of your questions.

I now give the floor to Mr. Fu Ziying.

Fu Ziying:

The Ministry of Commerce takes ensuring the success of the First China International Import Expo as a major political task to implement the guiding principles of the 19th CPC National Congress. Now, let me give you an introduction to the expo.

First, the significance to host the expo

To host the China International Import Expo is a major strategic deployment and decision of the CPC Central Committee with Comrade Xi Jinping at its core, focusing on promoting a new round of opening up. It is an important action of the Chinese government in opening up the domestic market to the world, as well as an important embodiment of practicing General Secretary Xi Jinping's proposal for promoting construction of a human community of shared future.

The world economy is currently entering a period of deep adjustment, and the trend of economic globalization is encountering many twists and turns; therefore, the international community has shares a strong desire to see expansion of the Chinese market, get on the express train of China's development and participate in the construction of the Belt and Road Initiative. China's economy has shifted from the stage of high-speed growth to one of high-quality development. Accelerated adjustment of the economic structure creates stronger demand for commodities and services of high quality and specific features. Against such a background, to hold the China International Import Expo is in line with China's self-development needs and the common development needs of the world.

To host the expo, by opening and sharing the Chinese market, reflects China's willingness to shoulder its responsibility as a major country and is conducive to formation of a demonstration effect so as to promote international trade and achieve greater market opening, give impetus to the further development of economic globalization and the construction of an open world economy, and create conditions for promoting the construction of a human community with a shared future. Moreover, to host the expo will provide strong support for pushing forward a new round of high-level opening up and promoting further construction of the "Belt and Road", which will be conducive to higher-level open economic development and the sustained and healthy development of China's overall economy.

Second, a general introduction about the expo:

The first China International Import Expo is scheduled to be held at the National Exhibition and Convention Center in Shanghai from Nov. 5th to 10th, 2018.

The expo will be hosted by the Ministry of Commerce and the Shanghai municipal government in partnership with several international institutes, such as the World Trade Organization and the United Nations Industrial Development Organization, and organized by China International Import Expo Bureau and the National Exhibition and Convention Center (Shanghai).

The venue of the expo covers an area of more than 240,000 square meters, showcasing two exhibitions -- one on national trade and investment and the other on enterprises and commerce.

The former one is dedicated to establishing an open platform for countries at different developmental stages to expand their influence and deepen global economic and trade cooperation.

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