Angel Friscione, CEO of Asia IBS, a Mexico-based product quality inspection company, says the China International Fair for Trade in Services (CIFTIS) has played a major role in growing the business internationally, with previous visits to the fair providing breakthrough contacts and partnerships, especially in the auto industry.
The annual five-day CIFTIS opened on Wednesday at Shougang Park, drawing participants from 90 countries, regions and international organizations, with over 1,800 companies exhibiting on-site.
"Previously, we had virtually no business in China, no team, nothing. But by attending CIFTIS, we successfully expanded our Chinese partnerships. Now, our export quality inspection services are established in China. Our inspection work now covers several major sectors in Mexico, including consumer retail, home appliances, and motorcycle manufacturing. For us, this success is thanks to CIFTIS," said Friscione, speaking from the company’s Mexico City headquarters.
Asia IBS has passed the milestone of 200,000 separate goods inspections of shipments between China and Mexico, which Friscione says prompted the company to set up a China office.
"I believe this year's CIFTIS will undoubtedly provide global service enterprises and institutions, including Mexican companies like ours, with opportunities to showcase and negotiate cooperation. It is an excellent platform for finding business partners, suppliers or clients," said Friscione.
Mexico has become one of China's largest car export markets, with Chinese automakers investing in production facilities in Mexico as they push deeper into the Mexican automotive market. Friscione says this year's fair will be a big opportunity for auto parts and vehicle importers from Mexico and other Latin American countries.
"In the past two years, Mexico's auto manufacturing sector has seen rapid growth in demand. We have served many Chinese auto parts manufacturers, and through CIFTIS we have connected with many industry players and companies, which has significantly boosted our business expansion. For importers of auto parts or complete vehicles in Mexico and other Latin American countries, I believe this year's CIFTIS is an excellent opportunity. I believe China holds many opportunities, tremendous opportunities for both importers and exporters," said Friscione.
Beijing trade fair key to Mexican company’s success: Mexican business owner
