Pakistani exhibits reach China-South Asia Expo

Trade between China and South Asian nations rose to $200b last year


August 09, 2023
China calls for peaceful resolution of Kashmir issue. PHOTO: EXPRESS/FILE

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KUNMING:

The 7th China-South Asia Exposition will be held in Kunming, China from August 16 to 20, with the theme of “Solidarity and Coordination for Common Development”.

Last week, the first batch of 59 exhibits from Pakistan and other countries entered the exhibition hall under the supervision of Kunming Customs.

“The exhibits include clothing, money clips, and leather hats, transported to Kunming Airport by air. All exhibits of the expo can be declared through the nationwide integration of customs clearance procedures, which can help reduce logistics costs and ensure that the exhibits are cleared quickly and displayed on time,” said Fu Yu, Customs Manager of Yunnan Easy-Trans International Freight Forwarder Co, Ltd.

“Sixty countries and regions have signed up for the expo, including all South Asian and Southeast Asian countries and RCEP (Regional Comprehensive Economic Partnership) member states. Around 1,000 enterprises signed up to participate in the exhibition, among which 50 are from among the Global 500 companies,” said Li Chenyang, Director of the Department of Commerce of Yunnan province, China.

The expo of this year has 15 pavilions with an exhibition area of 150,000 square metres. “This year, we will focus on inviting more professional visitors according to the different needs of exhibitors. We will also help exhibitors match target buyers precisely so that more exhibits can be turned into commodities,” he said.

“We will also fully adapt to digital platforms to provide ‘one-stop’ services for exhibitors of the expo. Exhibitors and visitors who cannot attend the event in person can participate, negotiate and purchase online,” he highlighted. The China-South Asia Expo has been successfully held six times and has gradually developed into an increasingly influential platform integrating trade, economic communication, commodity display, investment cooperation and e-commerce.

“In 2013, when the first China-South Asia Expo was held, the total trade volume between China and South Asian countries was less than $100 billion, while the number increased to $200 billion last year, representing an average annual increase of 8.3%,” Li Fei said.

The article originally appeared on the China Economic Net

 

Published in The Express Tribune, August 9th, 2023.

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