Shanghai, 6 November 2018 – “Better Trade for Better Life: Quality Infrastructure Facilitates Trade and Sustainable Development” was the focus of an event co-organized by the United Nations Industrial Development Organization (UNIDO) and the State Administration of Market Regulation (SAMR) of the People’s Republic of China, which took place back-to-back with the China International Import Expo (CIIE) in Shanghai.
The event was jointly opened by UNIDO Director General LI Yong and SAMR Minister ZHANG Mao, and was attended by more than 400 representatives from the public and the private sector who participated in policy and practical interactions on how to facilitate trade flows and address non-tariff barriers.
By raising awareness of China’s quality infrastructure system, the event underlined the importance of ensuring that countries, which seek to boost their exports, comply with international market standards and requirements. During the event, companies such as Hewlett-Packard and Danone talked about their (successful) experiences in entering the Chinese market, emphasizing the need for quality assurance. The forum also allowed demonstrating how UNIDO supports developing countries in improving their quality infrastructure, and how this can help them enter the Chinese market.
“Based on its long history of close collaboration with the government of China on food safety and quality issues, UNIDO is well placed to assist other countries”, said UNIDO Director General LI Yong. “UNIDO’s support to the Belt and Road Initiative and to the China-Africa cooperation benefits developing countries as we are working with numerous stakeholders to facilitate trade and create platforms for the transfer of best practice, knowledge and cooperation”.
“A modern quality infrastructure system is a stepping stone for sustainable development”, said SAMR Minister ZHANG Mao. “It serves multiple purposes, such as upgrading quality to meet a diversified demand, building and sharing trust among various market players and upholding fair competition. An adaptive quality infrastructure system could reduce barriers to trade and thus facilitate business, advance connectivity and strengthen partnership, as advocated by the Belt and Road Initiative”.
China is one of the biggest importers of goods and services in the world; in 2017, the value of its imports surpassed USD 1.84 trillion. Chinese demand for foreign goods is predicted to grow at double-digits and, in the next five years, China’s imports of products and services will be worth more than ten trillion dollars. Quality is a core issue in China and Chinese consumers are seeking safer, more innovative and sustainable products, for a better life; quality assurance is thus a prerequisite for entering this market.
For more information, please contact:
Director, Department of Trade, Investment and Innovation, UNIDO