Will the Shanghai Import Fair make a dent in the China trade surplus

 

Buildings are being repainted, flowers are planted, and traffic rules are being enforced along with the fines sharply increased prior of the China International Import Fair or CIIE as its popular acronym. Shanghai’s party secretary has urged its citizens and administrators to go all out in the effort of hosting the international expo.

“This reminds me of the preparation before the world fair in Shanghai 2010”, says Per Linden businessman in Shanghai since 15 years and founder of Scandic Sourcing.

The exhibition will be opened by President Xi Jing Ping himself, who has taken the initiative to organize the event, welcoming heads of states, dignitaries and business leaders from around the world. Chinese companies have been commanded to show up and has in many cases got assigned purchasing budgets.

The event has been labelled as Chinas effort to show the world and its own people that it is serious of raising imports. Behind this is the huge trade surplus of 2.87 trillion Yuan and Chinas long term plan to transform from a production and export oriented economy to an innovation and consumption led society.

Last year with exports and imports respectively registered at 15.33 trillion Yuan and 12.46 trillion Yuan, growing by 10.8 percent and 18.7 percent from the previous year, the numbers are already pointing in the right direction.

The expo will be held in Shanghai on November 5-10. There will be about 80 country pavilions, more than 2800 companies on 270,000 m² of exhibition space used at the New National Convention Center in the Hong Qiao area in Shanghai.

The Area consists of two sections, trade in goods and services. The section of trade in goods includes 6 exhibition areas: High-end Intelligent Equipment; Consumer Electronics & Appliances; Automobile; Apparel, Accessories & Consumer Goods; Food & Agricultural Products; Medical Equipment & Medical Care Products with a total area of 180,000 m² . The section of trade in services comprises Tourism, Emerging Technologies, Culture & Education, Creative Design and Service Outsourcing with a total area of 30,000 m^2.

“It will be interesting to see the result of this from the top approach to increase import and how much can be achieved in only five days, but as the old Chinese proverb say a journey of a thousand miles start with a single step and this is a very distinctive and powerful first step” Says Per Linden.

 

Media Resources

 

Market Entry For Swedish Food SME 2018

Scandic Sourcing has got an assignment from three regional development centers and the Swedish Agency for Economical and Regional Growth to assist promising regional food companies to explore opportunities in the China market. The assignment includes to provide training and advice to small and medium size food producers on Chinese food standards, import procedures, market structure and to qualify able producers for promotion activities in China including partner search.

The participating partners are Dalarna Science Park, Invest in Skåne and  RISE Research Institutes of Sweden AB.

The Project will be carried out the first half of 2018. 

For more information:

 https://tillvaxtverket.se/english.html

 https://www.ri.se/

 http://www.investinskane.com

 

 

Join the Scandinavian pavilion at SIAL 2018 in Shanghai

Take the opportunity to present your food products in China between May 16th-18th 2018. The SIAL food and beverage exhibition is held annually in China at Shanghai New International Expo Center. Scandic Group will in cooperation with becoming and already established food suppliers create a Scandinavian pavilion. Along with this we will arrange a trip where you will get the chance to discover the market and given the opportunity to see this from a closer look.