As the 9th China International Import Expo (CIIE) entered its final day on Tuesday, consumption emerged as one of the day's defining themes, with many companies selling their exhibits directly at their booths and many visitors arriving early in the morning specifically to snap up bargains.
Many popular exhibition areas remained packed with visitors, especially the food and agricultural products section, which brought together high-quality goods from around the world and offered visitors a rich variety of choices. Crowds gathered at many booths, with visitors selecting, comparing prices and placing orders in one go.
Sustaining consumption momentum depends on both on-site popularity and a series of preferential and convenient policies. Beyond tax incentives, some imported exhibits sold during the expo can even be exempt from tariffs, import value-added tax (VAT) and consumption tax.
The General Administration of Customs continued to roll out facilitation measures for the CIIE this year, allowing inbound goods to stay in China for sale after the expo instead of being shipped back.
The expo runs for only six days, but the Greenland Global Commodity Trading Hub, just across from the CIIE venue -- the National Exhibition and Convention Center (Shanghai), stays open all year round, allowing deals not concluded during the expo to continue. This year it also added an experience zone featuring Shanghai-made custom products, with suits, silk and jewelry on year-round display and sale.
An online one-stop trading service platform was officially launched before the 9th CIIE was wrapped up. This cloud-based trade channel will extend the expo's consumption momentum.
Many exhibitors have already booked booths for the next CIIE edition, as China's vast market continues to offer opportunities shared by the world.
Consumption momentum holds strong on last day of 9th CIIE
Chinese Vice President Han Zheng on Monday attended the China-Türkiye Green Development Business Forum in Istanbul together with Turkish Vice President Cevdet Yilmaz, calling for deeper cooperation between the two countries in green development and trade.
As a crucial hub connecting Asia and Europe, Türkiye has been accelerating its national energy transition and green development in recent years.
"We believe that renewable energy, energy storage, electric mobility, energy efficiency, circular economy, and low-carbon industrial technology are key sectors where we can further expand our cooperation," said Turkish Trade Minister Ömer Bolat at the event.
The forum covered key areas of economic cooperation between the two countries.
"About 300 delegates attended the event. The scope covers every aspect of economic cooperation, including green low-carbon technology, advanced manufacturing, the digital economy, logistics, and more," said Fang Jun, deputy director general with the Department of International Relations under the China Council for the Promotion of International Trade.
Business executives at the forum commended the vast potential for future green cooperation between China and Türkiye.
"The ratio of reclaimed water reuse in Turkish wastewater treatment is still low, at around six percent. We have a wide range of application scenarios for reclaimed water reuse, so we will strengthen cooperation with the Turkish side in this field," said Liao Jiasheng, chairman of China Energy Conservation And Environmental Protection Group.
"Whether in energy storage, electric vehicles, or even low-altitude aircraft, we are currently engaging in a series of discussions," said Luo Haining, director of International Investment at Contemporary Amperex Technology Co., Ltd.
"Over the next decade or so, Türkiye needs to add 100 gigawatts of capacity -- roughly 10 gigawatts per year. That is a massive volume compared to Europe or many other countries," said Qu Wanfei, CEO of Skyworth Solar.
"I think there's a huge potential for the supply chains between the two countries, because some of products, yes, we are producing the same thing, but there are tons of areas that we can complete each other, and I think we should look forward to discovering those areas," said Ahmet Faruk Isik, executive director with ATA Holding.
The successful hosting of the forum not only highlighted the achievements of China and Türkiye in green sectors, but also injected fresh momentum into deepening industrial capacity cooperation and jointly building a green Belt and Road.
China, Türkiye pledge to deepen green development cooperation
