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Welcome to the 3rd China-Eurasia Expo

Published: March 23, 2013 | 1:46 pm
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Time: Sept. 2-7, 2013
Venue: Urumqi, Xinjiang, China

Li Jingyuan, Secretary-General of the China-Eurasia Espo Secretariat talks about the trade and investment potential of the expo.

- China has more than 10 influential national-level expos each year.How does the China-Eurasia Expo position itself?

- To talk about our positioning, we could start by looking at the expo’s organization. The China-Eurasia Expo has more organizers than all the expos in China, including 27 China ministries and commissions, Xinjiang Uygur Autonomous Region and Xinjiang Production and Construction Group, with 22 provinces as co-organizers.

The China-Eurasia Expo not only provides an economic and trade platform between China, Europe and Asia, but also offers political and diplomatic opportunity for government leaders from Asian and European countries. Each year, about 100 minister-level government leaders join the expo. In 2012, Chinese then Premier Wen Jiabao, together with political dignitaries of 9 countries were presented at the event.

Xinjiang is an important region for China’s Western Development Strategy and an important window for China’s opening-up policy due to its unique geographical advantage. Xinjiang is competitive in resources, geography and culture, and the Central Government is carrying on a series of preference policies to support its development. Against such a backdrop, China-Eurasia Expo is an important platform for Xinjiang’s further opening-up and exchanges with Eurasian countries.

- As a comprehensive expo including both trade and investment, who are the main exhibitors?

- The main industries of the exhibitors include new energy, vehicles, engineering machinery, hardware, electromechanical equipment, construction material, food, consumer products, clothes and utilities. So the expo is very suitable for international purchasers to select various products in one stop, as well as enjoying price advantages.
Furthermore, 22 provincial governors will came to the expo, and there will be 30 provincial exhibition booths, which will bring a number of local investment projects for attendees. For any company and government agency considering investment in China, they can have tailored business matching opportunities at the expo.

- What type of Georgian companies would be most suitable for exhibition at the China-Eurasia Expo?

- Business between China and Georgia are becoming more actively. Flights have been renewed between Tbilisi and Urumqi, the capital of Xinjiang Uygur Autonomous Region. Georgia and China are mutual complementary in economy and trade. China, as one of the biggest populous country in the world, has huge market. Georgia has great advantages on its agricultural products, mineral industry and transportation and logistics, The bilateral trade has huge potential. The construction and development of the Eurasian Continental Bridge opens up a new space for China-Georgia economic cooperation, geographical advantage offers a super opportunity for bilateral cooperation. Besides imports and exports, the Chinese government supports Xinjiang enterprises to “go global” to carry out investment and cooperation projects in Eurasian countries. Georgia’s economy develops steadily, with sound investment environment and geographical advantages. We welcome Georgian companies to bring their quality products and projects to China-Eurasia Expo. My advice to Georgian companies is to start preparing as early as possible. If they have potential projects or look for potential buyers, they can inform us beforehand, we can arrange business matching for them with Chinese companies before and after the expo.

- Apart from the live expo, will there be content online as well?

- We are currently building a 3D China-Eurasia Expo. After the 2nd Expo, we uploaded the information and product images of 5600 companies online. So even for those who did not come to the expo, they can find potential business partners anywhere, anytime.

Introducing Xinjiang

The total volume of imports and exports in Xinjiang reached US$ 25.2 Billion in 2012

The largest province in China, Xinjiang has a total area of 1,664,900 square kilometers and a total population of 22.1 million as of 2011. Located in the utmost northwestern part of China, Xinjiang trades closely with a number of Central Asian countries—its top five trading partners are Kazakhstan, Kyrgyzstan, Russia, Tajikistan and Uzbekistan.

Resources

Xinjiang is rich in a variety of resources, including agricultural products, raw materials, fossil fuels and minerals. It has the largest reserves of oil, natural gas and coal in the country, with its coal reserves accounting for 40 percent of the country’s total. Its mineral resources include high levels of granite, beryllium and mica amongst over 130 different mined minerals. The country’s largest copper mine is also located in Xinjiang.
Xinjiang is also China’s largest base for cotton, lavender and hops. With its luscious pastureland, Xinjiang is one of the major sheep farming areas and fine-wool production bases.
Primary industry accounted for over 17 percent of GDP in 2011, of which YILI apples, Korla pears and seedless white grapes are renowned products. In addition Karamay, Urumqi, Bayangol are the major industrial centers of the region, accounting for 68.5% of value added industrial output in 2011. Oil and petrochemicals, food and beverages, textiles, metallurgy, building materials, and electric poser are all pillar industries in Xinjiang.

Tourism and Consumers

Tourism is a crucial part of the regions development, with known scenic attractions including Heavenly Lake, Bosteng Lake, the ruins of Loulan and Gaochang Ancient City. Xinjiang saw 38.3 million domestic visitors and 1.33 million overseas visitors in 2011, creating RMB 41.1 billion and US$ 465 million in revenues respectively.

The consumer market is also growing, with retail sales of goods increasing by 17.5 percent in 2011 and annual per capital disposable urban household income rising 13.7 percent to RMB 15,514.

Trade and Investment

Border trade is an important part of Xinjiang’s economy, making up 56 percent of the total regional trade in 2011. Major exports included shoes, electrical equipment, cotton fabrics and casings. Major imports included rolled steel, crude oil, oil products, fertilizers and medical equipments. In the past five years, foreign trade has been in a rapid growth, with an average increase of 12.9 percent. The total trade volume in Xinjiang reached US$ 25.2 billion in 2012, economic and trade ties with more than 160 countries have been established.
There has been significant growth in foreign direct investment in the region, as well as growth in the number of Xinjiang enterprises to “go global” to carry out investment and cooperation projects in other countries, and the potential for further growth is still large. Xinjiang is continuing to develop its core industries such as petrochemicals, whilst also updating and improving the value of industries such as textiles, building materials, metallurgy and chemical processing.

China-Eurasia Expo

The Third China-Eurasia Expo, themed on ” Opening-up, Mutual trust, Co-development “, will be held in Urumqi, Xinjiang, China from September 2 to 7, 2013. This expo will cover an exhibition area of 90,000 square meters. The venue will have five pavilions including International and Hong Kong, Macao and Taiwan Pavilion, Commodities and Trade Pavilion, Investment Cooperation Pavilion, Service Trade & High and New Technology Pavilion as well as Cultural Industry Pavilion. During the event, a series of international forums and activities will be held, including the Third China-Eurasia Economic Development and Cooperation Forum, ministerial forums, culture week and trade and investment promotion activities.

CONTACT
The Secretariat of China-Eurasia Expo
Contact person: Jiang En
Tel/fax: +86-991-5190446
Website: www.caeexpo.org
Email: caeexpo@vip.163.com
Add: No. 146 North Youhao Road, Urumqi, Xinjiang, China.

 

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