These products are brought to the event by over 60 Vietnamese firms and their partners in China at a pavilion spanning across more than 2,000 sqm in Nanning International Convention and Exhibition Centre.
CAEXPO 2021 takes place to boost economic cooperation and trade between China and ten ASEAN member states. Nearly 4,000 foreign companies from over 40 countries and territories worldwide are showcasing their products and services in 905 pavilions, up 13.4 percent from 2020.
The expo was launched together with the 18th China-ASEAN Business and Investment Summit (CABIS) where governmental officials and business leaders will exchange views and seek partnership in trade, investment, cross-border financial services, technology innovation and digital economy.
Chinese Vice President Wang Qishan attended the opening ceremony of the two events during which he read a congratulatory note from President Xi Jinping.
Vietnamese Deputy Prime Minister Le Van Thanh and other leaders from Laos, Cambodia, Malaysia, Thailand, Singapore and Pakistan also delivered their remarks via pre-recorded videos at the ceremony.
Exhibitors from other ASEAN member states bring to the expo various products in the fields of aviation, marine transport, coffee, footwear and agriculture, while those from China, including tech giant Huawei, display goods in electronics, agriculture, engineering, food packaging, and equipment.
Latest customs data shows that ASEAN remains China’s biggest trade partner as the two-way trade spurred by 33.3 percent year on year to US$553.9 billion in the first eight months of 2021. The value accounted for 14.5 percent of China’s foreign trade.
Launched in 2014, CAEXPO has been an important platform for enhancing bilateral trade and relations between China and ASEAN. This year, 26 high-level forums and 148 economic and trade promotion activities will take place in the framework of the four-day event, alongside a host of events to celebrate the 30th anniversary of the ASEAN-China dialogue ties.
