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6th CIIE opens, MNCs share Guangdong investment experience

From November 5th to 10th, the 6th China International Import Expo (CIIE) is being held in Shanghai. More than 3,400 exhibitors from 154 countries and regions participated in the CIIE, including 289 Fortune 500 companies and industry-leading companies, exceeding previous levels.

According to the Guangdong Provincial Department of Commerce, a total of 3,547 units and 5,710 people have registered for the Guangdong trading group for this CIIE, including 3,225 companies and 4,246 people. The Guangdong trading group promoted Guangdong's investment policies and business environment through various forms, such as promotion meetings. More than 20 Fortune 500 companies such as DuPont, RWE, and Siemens expressed their intention to expand investment in Guangdong.

On the same day, a number of MNCs shared their development results and investment experiences in Guangdong at the Guangdong-MNCs Cooperation Conference. A total of more than 200 people attended the conference, including representatives from foreign business associations such as the American Chamber of Commerce in China and the German Chamber of Commerce and Industry, as well as representatives from multinational companies from 120 companies including Louis Dreyfus, Amazon, DuPont, Kraft Heinz, BP, Henkel, and Porsche.

"As China's largest province in terms of economy and foreign trade, Guangdong has dual advantages in industry and trade, and plays an important role in developing the national cross-border e-commerce industry." Li Qian, Vice President of Amazon China shared her experience of investing in Guangdong. "60% of China's cross-border e-commerce imports are cleared from Guangdong. In fact, many of the Chinese sellers on Amazon, especially the top sellers, are from Guangdong."

Michael Hart, President of the American Chamber of Commerce in China noted, “Guangdong and the Greater Bay Area over the past 3 years have consistently been identified by our members as their top destination for investment in China.” In addition, the meeting also carried out industry counterpart negotiations around new energy, chemical industry, biomedicine, automobiles, and consumer goods.

Reporter | Alice

Video | Zhang Tianxiong

Editor | Olivia, Steven, Will, Jerry

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