2018年CRI Foreign companies pin high hope on China's first import expo

 

Foreign companies are said to be pinning high hopes on the forthcoming China International Import Expo (CIIE) in Shanghai.

Serafino Bartolozzi, vice¹ chair of the EU Chamber² of Commerce in China, suggests the Import Expo will be an opportunity for foreign companies to gain greater access to the Chinese market.

"China Import Expo in November is going to be a very good opportunity to showcase the opening up of the Chinese economy. It is also a very strong response to the trade frictions³ that we see happening in the world today," says Bartolozzi.

Ken⁴ Jarrett, chair of the American Chamber of Commerce in China, says U.S. companies are also expressing strong interest attending the event in November.

"Over the course of the week when the exposition takes place, probably every governor and party secretary and the heads of all of the major cities in China will come to the exposition and that at the close will be the announcement that over the period of the exposition, China signs deals equal to X-amount," says Jarrett.

Over 2800 companies from more than 130 countries and regions have already signed up to take part in the expo, and they are due to showcase hundreds of new products, technology and premium⁵ goods from their countries.

Among the first overseas companies to sign contracts to take part in the event is US giant General Electric.

Duan Xiaoying, CEO of General Electric China, says they expect to display products from GE's various divisions.

"The digital pavilion will exhibit digital power and wind plants, as well as an asset cloud manager in the medical sector⁶. It will also show off artificial intelligence applications which can be used in the video sector. All of these will be exhibited in China for the first time," says Duan.

Meantime, officials from the Association of German Chambers⁷ of Commerce and Industry are suggesting the Import Expo's significance will not be limited to the exchange of goods.

The association's foreign trade chief, Volker Treier, says the expo should help develop the multilateral trading system.

"We have some doubts whether we will have open markets like we had in the last, let's say 20 years. Maybe and hopefully this could be another topic beside the business prospective⁸ in Shanghai that we can discuss how we can develop a better multilateral system of world trade," says Treier.

The China International Import Expo will have three sections, including a country pavilion for trade and investment, an enterprise and business exhibition, as well as the Hongqiao International Trade Forum⁹.

The event will cover nine exhibition halls at the Shanghai's National Exhibition and Convention Center from November 5th to 10th.

1 vice   

n.坏事；恶习；[pl.]台钳，老虎钳；adj.副的

参考例句：

• He guarded himself against vice.他避免染上坏习惯。
• They are sunk in the depth of vice.他们堕入了罪恶的深渊。

2 chamber   

n.房间，寝室；会议厅；议院；会所

参考例句：

• For many,the dentist's surgery remains a torture chamber.对许多人来说，牙医的治疗室一直是间受刑室。
• The chamber was ablaze with light.会议厅里灯火辉煌。

3 frictions   

n.摩擦( friction的名词复数 )；摩擦力；冲突；不和

参考例句：

• Family frictions can interfere with a child's schoolwork. 家庭中的争吵会影响孩子的学业。 来自《简明英汉词典》
• As far as we are concerned, these frictions are not of our own making [have been imposed on us]. 就我们来说，这种摩擦是被动式的。 来自《现代汉英综合大词典》

4 ken   

n.视野，知识领域

参考例句：

• Such things are beyond my ken.我可不懂这些事。
• Abstract words are beyond the ken of children.抽象的言辞超出小孩所理解的范围.

5 premium   

n.加付款；赠品；adj.高级的；售价高的

参考例句：

• You have to pay a premium for express delivery.寄快递你得付额外费用。
• Fresh water was at a premium after the reservoir was contaminated.在水库被污染之后，清水便因稀而贵了。

6 sector   

n.部门，部分；防御地段，防区；扇形

参考例句：

• The export sector will aid the economic recovery. 出口产业将促进经济复苏。
• The enemy have attacked the British sector.敌人已进攻英国防区。

7 chambers   

n.房间( chamber的名词复数 )；（议会的）议院；卧室；会议厅

参考例句：

• The body will be removed into one of the cold storage chambers. 尸体将被移到一个冷冻间里。 来自《简明英汉词典》
• Mr Chambers's readable book concentrates on the middle passage: the time Ransome spent in Russia. Chambers先生的这本值得一看的书重点在中间：Ransome在俄国的那几年。 来自互联网

8 prospective   

adj.预期的，未来的，前瞻性的

参考例句：

• The story should act as a warning to other prospective buyers.这篇报道应该对其他潜在的购买者起到警示作用。
• They have all these great activities for prospective freshmen.这会举办各种各样的活动来招待未来的新人。

9 forum   

n.论坛，讨论会

参考例句：

• They're holding a forum on new ways of teaching history.他们正在举行历史教学讨论会。
• The organisation would provide a forum where problems could be discussed.这个组织将提供一个可以讨论问题的平台。