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Swiss ambassador emphasizes CIIE's role in boosting trade with China

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Swiss ambassador emphasizes CIIE's role in boosting trade with China

2024-11-10 22:04 Last Updated At:23:27

The 7th China International Import Expo (CIIE), one of the world's largest trade fairs, has created new trade possibilities between Switzerland and China, providing a valuable gateway for Swiss businesses to enter the Chinese market, Swiss Ambassador to China Jurg Burri said on Wednesday.

Running from Nov 5 to 10, the 7th CIIE attracted nearly 3,500 exhibitors from 129 countries and regions.

The CIIE held an exchange event for the first time this year for organizers of all parties participating in the country exhibitions, fostering mutual learning among cultures and promoting global economic and trade cooperation.

This year marks Switzerland's seventh consecutive participation in the event, with nearly 80 Swiss companies showcasing their products, a record high. The Swiss pavilion exhibits a broad range of items, from food and wine to high-end intelligent manufacturing.

For the Swiss Ambassador, new trade partnerships and market opportunities are the major gains he expected from this session of the CIIE.

"If I think of words, I must say new contacts, market possibilities, and lots of new stuff. This CIIE has brought 78 Swiss companies to China, and this figure is considerably higher than the last CIIE or the CIIE before. So these are companies which are probably new to the Chinese market, who are making first contacts here, testing their products. Maybe they find a distributor, maybe they find customers and that will bring more Swiss products into China. We have more than 1,000 Swiss companies in China, and they have big stands, and they produce here in China. They are trying to show what Swiss and Chinese can do together, and their innovative products are being presented at the CIIE," said Burri.

At this year’s CIIE, the Swiss pavilion's food and agricultural products exhibition area, covering 270 square meters, is the largest they've had so far, featuring specialties like chocolate, cookies, coffee, and wine. In addition, advanced manufacturing products, including the latest medical equipment and healthcare items from well-known Swiss global brands, also stand out at the expo.

"I saw robots that can serve wine. The robot is so smart that the wine will never fall out of the glass. He is able to handle it. I had a very good Swiss cheese from Ticino, a very pure mountain cheese. I got to taste this cheese that was offered at CIIE or cookies or whatever, because the CIIE is everything. You can buy everything, from a car to baby cream. It's a nice feeling to go to a fair. It's one of the world's biggest fairs. You see new producers from all over the world," said the ambassador.

Customs data showed that in 2023, the total import and export trade between China and Switzerland reached 416.93 billion yuan (about 58 billion U.S. dollars), up nine percent year on year.

Currently, China is Switzerland's third-largest trading partner, and according to Burri, cooperation between the two countries, including trade and cultural exchange, is expected to grow closer in the future.

"We are still growing. We have good business figures and, mostly, we have good prospects. And that should even deepen the economic relations. Trade is very an important thing because, through products, you get to know a country. Trade brings human relations. We do have more and more Chinese visitors to Switzerland again, and I think that's a positive thing. And it will be our 75th anniversary of diplomatic relations next year. And that will bring many cultural productions from Switzerland to China, and I guess, also many cultural productions from China into Switzerland," he said.

Swiss ambassador emphasizes CIIE's role in boosting trade with China

Swiss ambassador emphasizes CIIE's role in boosting trade with China

The fourth China International Supply Chain Expo (CISCE) concluded in Beijing on Friday, with stronger exhibitor commitment for next year's event highlighted on its final day, underscoring growing confidence in the platform for international industrial cooperation.

A total of 115 Chinese and overseas companies and organizations have signed letters of intent to participate in the fifth CISCE, 10 more than the same stage last year.

The early commitments reflected exhibitors' confidence in the expo, which participants said has become an increasingly important platform for business cooperation amid a more uncertain global environment. "Given the importance [of trade between China and Mexico], we will certainly continue to participate in the fifth CISCE next year to create more business cooperation opportunities for our member companies," said Lu Hai, director of Public Affairs with the Mexican Chamber of Commerce in China (MEXCHAM).

The participants also said the expo's significance extends beyond commercial transactions, serving as a venue for dialog and long-term industrial collaboration.

"I think the greatest value of the CISCE does not lie in how many contracts are signed or agreements reached. Rather, it provides a platform for participants to exchange experience, share views on the future, and strengthen our resolve for openness, cooperation, and win-win outcomes," said Wang Kai, director of Industrial Research Center under the CNOOC Energy Economics Institute.

Organizers say the expo is evolving beyond a traditional exhibition into a year-round platform for industrial collaboration.

The China Council for the Promotion of International Trade (CCPIT), the organizer of the expo, established an exhibitors' alliance last year to facilitate regular business matchmaking, policy briefings and industry exchanges, encouraging companies to build long-term supply chain partnerships rather than short-term exhibition deals.

Held in Beijing from Monday to Friday, this year's expo brought together more than 1,200 exhibitors from 85 countries, regions and international organizations, with overseas exhibitors accounting for more than 36 percent of the total.

More than 160 new products, technologies and solutions made their debut during the five-day event, alongside over 60 business exchange activities.

China supply chain expo wraps up with strong exhibitor commitment for next edition

China supply chain expo wraps up with strong exhibitor commitment for next edition

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