Japanese electronics giant Panasonic is exhibiting at the ongoing China International Import Expo (CIIE) in Shanghai for eight consecutive years. Its global vice president, Tetsuro Honma, said CIIE has become an eagerly anticipated annual event for many international companies.
Traders and businessmen around the world have once again flocked to the CIIE to pursue opportunities created by China's vast and open market at the event’s eighth edition from November 5 to 10.
"For us, the most important role of the CIIE is that it allows us to showcase our products, components, equipment, and systems, introduce our corporate strategies and philosophies, and directly engage in face-to-face communication with media and business partners. We don’t need to visit each partner individually, and it offers us extremely high communication efficiency," said Homma of Panasonic Holdings Corporation.
China has already transformed from a manufacturing powerhouse into a major consumer, innovation, and engineering nation, as new technologies, including AI, thrive in China, said Homma.
"Panasonic does not merely view China as a 'market power' or a 'manufacturing power,' but rather positions contemporary China as an 'innovation power' and an 'engineering power,'" he said.
Homma expressed his hope that more international companies will gain a deeper understanding of China's economic innovation and development through the CIIE and personally experience the dynamic and vibrant nature of the Chinese market.
"You must experience it in person. It has the same meaning as the Chinese proverb 'seeing is believing.' I hope more entrepreneurs can come to China to personally experience its innovation and transformation," he said.
CIIE highly anticipated annual event for int'l companies: Panasonic vice president
