China and Uruguay See Improving Economic and Trade Ties
Trade between Uruguay and China has so far grown in a healthy manner, and Uruguay aims not only at boosting existing cooperation, but also promoting its trade services.
Trade between Uruguay and China has so far grown in a healthy manner, and Uruguay aims not only at boosting existing cooperation, but also promoting its trade services.
Bringing strong pitches for increasing exports to China to reduce the trade deficit, Indian businesses have made strong showings at all three past CIIEs.
Regarding opportunities, the growing urbanization of China, the expansion of its middle class and the changing of eating habits mean that the complementarity between Brazilian and Chinese economies will be strengthened.
ABB is constructing a new robotics factory with $150 million of investment in Shanghai, which will open in the first half of next year. It will be a factory where robots are used to assemble robots for advanced and automated production.
As the COVID-19 outbreak is still raging, the 3rd CIIE has become a more valuable market opportunity to the world amid a pandemic recession. Over 2,600 companies worldwide, including both old friends of the past two expos and new comers, flocked to the expo this year. China Focus’s editorial writer Thomas Scott-Bell is in Shanghai now for the expo. Let’s follow him to see the cool gadgets which can tell us about what our future is going to look like.
China’s infamous clear spirit Baijiu has long been the alcoholic drink of Chinese society. But how are the country’s younger drinkers changing tastes and habits affecting the time-honoured product?
Global accounting firm Deloitte, which has participated in all CIIEs since its inception in 2018, posted the message on its website that “only by connecting the world can we share the future” and its booth at the CIIE adopted an interactive design to present its innovative and digital solutions aiming at improving businesses’ digital transformation.
Dual circulation—the policy some academics have labeled as “China First” and a threat to international companies’ prospects in the Chinese market—was in fact being discussed as an “excellent opportunity”.
Compared with export-themed expos, the import expo is more beneficial to the expansion and upgrade of small and micro enterprises. Expanding importation will promote domestic consumption upgrades by directly providing more abundant high-quality products.
From cow to customer in just four-days, New Zealand’s dairy industry looks set for fresh expansion in the world’s largest milk importing market.
Despite its relatively short existence, CIIE has already had a significant impact on international business.
China is building resilience and is expanding its innovative production and outreach. This is how it will take an important part of the global industrial and supply chains not only through manufacturing but also via technological advancement and science progress.