Opinions & Interviews

Ambassador: China International Import Expo will contribute to growth of Belarusian export to China

MINSK, 1 February (BelTA) - The first China International Import Expo will contribute to the growth of Belarusian export to China, Ambassador Extraordinary and Plenipotentiary of China to Belarus Cui Qiming said during the presentation of the expo in Minsk, BelTA learned from the National Center for Marketing and Price Study at the Ministry of Foreign Affairs of Belarus.

According to Cui Qiming, over the 25 years since the establishment of diplomatic relations the bilateral trade between the two countries has surged almost 100 times. “In 2017, the trade between China and Belarus amounted to $1.3 billion. Import of goods and services from China amounted to $850 million, representing 13.8% of the total imports of Belarus. Belarus' export to China made up $490 million,” Ambassador Cui Qiming said.

He drew attention to the fact that in 2017 the bilateral trade became more balanced. “Belarus has well-developed agriculture, manufacturing industry and high scientific and technical potential. I think that by joint efforts, thanks to the opportunities provided by the Expo Import, more high-quality Belarusian goods will find their way to China. The bilateral cooperation will certainly rise to new levels,” the diplomat noted.

The presentation was attended by representatives of more than 70 Belarusian organizations and enterprises. Addressing the potential exhibitors, Director of the National Center for Marketing and Price Study Valery Sadokho drew attention to some of its features. “Its participants will be divided into thematic areas. In particular, the specialized zones will feature intelligent and high-tech equipment, home appliances, consumer goods, automotive products, agricultural products and foodstuffs, medical goods and services. In other words, customers will be purposefully looking for the product and the partners that can be potentially interesting for them,” he said.

A delegation of the Chinese Ministry of Commerce headed by Deputy Director for Eurasia Wang Kaixuan and representatives of the expo organizers led by deputy head of Chinese international exhibitions Zhong Xiaoming came to Minsk to introduce the Belarusian partners to the expo. Following the negotiations, a memorandum of understanding was signed between the China International Import Expo organizers and the National Center for Marketing and Price Study, which is the operator on behalf of Belarus.

China International Import Expo will take place in Shanghai on 5-10 November 2018. It will be a large-scale event with different countries among its participants. The total area of ​​China International Import Expo will be about 240,000 square meters, including 30,000 square meters allocated for national pavilions. The zone for companies' individual stands will be divided into two blocks. The trade in goods will be highlighted by six specialized exhibition sites, which will feature intellectual and high-tech equipment, household appliances, consumer goods, automotive products, agricultural and food products, medical goods and services. The trade in services will focus on the tourism sector. The exhibition is organized by China's Ministry of Commerce and the People's Government of Shanghai with the support of the World Trade Organization and the United Nations Industrial Development Organization.

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