03-11-2021 12:39 PM
The fourth China International Import Expo (CIIE) in Shanghai will be held from Nov. 5 to 10.
John Edwards, British trade commissioner for China said to Xinhua that the China International Import Expo has been “a huge platform” for British businesses.
He added that the platform was seen as “a wonderful opportunity for us to showcase some of the most innovative technologies the UK has to offer”.
Edwards also added that the UK was “able to use CIIE as a way to bring in about 150 new British companies into the China market, mostly through cross border e-commerce”.
He indicated that China surpassed Germany as Britain’s biggest single import market in the first quarter (Q1) of 2021.
He stated that “over the last decade, UK exports to China have grown at about 4 times the speed of our exports globally to other countries around the world. The reality is that China is now the second largest economy in the world, which means it is going to be an important trading partner for many countries around the world. It (CIIE) is going to be an important source of investment for many countries around the world”.
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