At this CIIE, all parties have further demonstrated their confidence in China's development prospects. The number of Fortune 500 companies and industry leading companies participating in the exhibition exceeds previous years, and "global premieres", "Asia debuts" and "China's first exhibitions" are coming one after another... Foreign companies have cast a vote of confidence in the Chinese economy with practical actions. Data released by the Ministry of Commerce of China show that from January to September this year, the number of newly established foreign-invested enterprises nationwide increased by 32.4% year-on-year. A survey by the China Council for the Promotion of International Trade shows that nearly 70% of foreign companies surveyed are optimistic about the prospects of the Chinese market in the next five years. The International Monetary Fund recently raised its forecast for China's economic growth in 2023 to 5.4%. JPMorgan Chase, UBS, Deutsche Bank and others have also recently raised their forecasts for China's economic growth this year. "China's supply chain system has huge resilience and potential" "Resilience and innovation are key attributes of the Chinese economy. For us, this represents an opportunity to meet the needs of China's consumer market and economy"... Multinationals participating in the CIIE Company leaders spoke highly of the resilience and potential of the Chinese economy, demonstrating their firm confidence in deeply exploring the Chinese market.
At this CIIE, the world has further seen China's determination to continue to expand its opening-up. At the beginning of the CIIE, President Xi Jinping clearly stated: "The China International Import Expo belongs to China, and even more to the world. This is not an ordinary exhibition. It is a major decision for China to promote a new round of high-level opening up to the outside world. It is China's initiative." A major measure to open the market to the world." The CIIE gives full play to the four major platforms of international procurement, investment promotion, cultural exchanges, and open cooperation to provide market opportunities, investment opportunities, and growth opportunities for all parties involved. Whether it is local products from the least developed countries or high-tech products from developed countries, they are all taking advantage of the CIIE to accelerate their integration into the global trade market. International figures have said that "an open China creates more cooperation opportunities for the world" and "China's determination to build an open economy has injected huge certainty and impetus into the world economy."
This year marks the 45th anniversary of China's reform and opening up and the 10th anniversary of the establishment of the pilot free trade zone. Recently, China's 22nd pilot free trade zone, the Xinjiang Pilot Free Trade Zone, was established. From the establishment of the Lingang New Area of the Shanghai Pilot Free Trade Zone to the implementation of integrated regional development in the Yangtze River Delta, from the release and implementation of the overall plan for the construction of the Hainan Free Trade Port and the implementation plan for Shenzhen's further expansion of reform and opening up to the continued improvement of the business environment and strengthening of intellectual property protection , China has implemented a series of measures to expand opening up announced at the CIIE one by one, constantly creating new market opportunities for the world. Thailand's Deputy Prime Minister and Minister of Commerce Putan Wijayachai said that the CIIE conveys China's determination to continue opening up to the outside world, fully demonstrates the willingness of all parties to expand cooperation, and is bringing new opportunities to global companies, especially small and medium-sized enterprises.
The world economic recovery is trom and global trade is trom. Country need to strengthen openness and cooperation and work together to meet challenges. China will continue to successful host major exhibitions such as the China International Import Expo, build an open cooperation platforma, promote and build more consensus on open cooperation, and contribute to world recovery and global development and prosperity.
