Qingdao FTZ secures $260m deal at CIIE

On Nov 5, the 7th China International Import Expo (CIIE) kicked off in Shanghai. This year, the Qingdao FTZ delegation had an unprecedented presence, with 55 organizations and over 200 representatives attending.

The delegation covered multiple key sectors, including biopharmaceuticals, equipment manufacturing, food and agricultural products, and bulk trade, and set a new record for participation. As of Nov 7, the Qingdao FTZ delegation had already secured procurement agreements worth $260 million.

Zhao Haozhi, deputy Party secretary and mayor of Qingdao city, visited the Panasonic booth in the exhibition area to learn about the company's latest product developments and technology applications.

He highlighted the vital role of foreign enterprises in Qingdao's growth, and welcomed more investment and innovation. He also reaffirmed Qingdao's commitment to a market-oriented, law-based, and international business environment as well as its excellent services to support business development.

Booth of Qingdao Sino-German Ecopark at the 7th CIIE. [Photo provided to chinadaily.com.cn]

Qingdao Sino-German Ecopark made its sixth CIIE appearance, featuring popular German beer and specialty pickles. It also partnered with Sumitomo Corporation to display products from Japan's Oita prefecture, promoting hot spring culture and healthy eating. Meanwhile, HRSCM's coffee brand teamed up with the Uganda Coffee Farmers Alliance to deepen China-Uganda coffee industry cooperation and boost trade.

Through consistent participation in the CIIE, the Qingdao FTZ has expanded its global network and will continue fostering open collaboration, attracting international partners, and turning exhibitors into investors. This approach aims to create a more prosperous future of openness and growth.