UNIDO contributes to first China International Import Expo (CIIE), which opened today

UNIDO contributes to first China International Import Expo (CIIE), which opened today

SHANGHAI, 5 November 2018 – The China International Import Expo (CIIE) kicked off today in Shanghai. The Expo will run until 10 November 2018 with the participation of 20 heads of state and government, 300 government officials at minister and vice minister level, high-level representatives of United Nations and other international organizations as well as leading enterprises from over 130 countries. In total, more than 100 supporting activities will be held over the next days.

The CIIE is one of China’s most important measures aimed at further opening up its market and increasing imports from other countries. As a supporter of the CIIE, the United Nations Industrial Development Organization (UNIDO) is contributing to a panel discussion on trade and innovation; it is also organizing a side event on quality infrastructure and hosting an exhibition booth. The Organization’s participation highlights its work to upgrade quality infrastructure, strengthen trade capacity building and facilitate innovation and cooperation between SMEs from developed and developing countries.

UNIDO’s exhibition booth showcases its approaches and success stories: the first day will focus on “E-Commerce and Innovation” the second day on “Quality Infrastructure”, the third day on “Safer Food for Sustainable and Resilient Businesses”, the fourth day on “Investment promotion and SME Networking”, and the fifth and final day on “Agro-Industrial Parks”.

Also on the first day, UNIDO participated in a session on “Trade and Innovation”, which explored how to seize opportunities that arise from the new technological revolution and the rapid development of new and innovative business models. “For many years, we have been actively exploring and developing new interventions in the area of Industry 4.0 within which UNIDO can provide more advanced, practical and effective services to partners”, said UNIDO Director General LI Yong. “We need to support innovative economic models and ways of cooperation to stimulate trade and thus create a safer, fairer and more prosperous world”.

LI also delivered a keynote speech at the Hongqiao International Economic and Trade Forum - Trade and Opening Sub-forum: “To encourage investments in the SDGs, UNIDO is actively promoting the concept of “impact investment”. Impact investment presents a paradigm shift as it focuses on positive social and environmental change besides financial return. In the context of our Programme for Country Partnerships (PCPs), UNIDO will continue to create synergies with partner interventions and facilitate the mobilization of large scale public and private finance.”

The Expo is supported by UNIDO, UNCTAD and WTO in cooperation with China’s Ministry of Commerce and the Municipal Government of Shanghai.

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Chief of the UNIDO Asia and the Pacific Division