General

According to Huacheng Import and Export Data Observation, since March this year, dozens of executives from multinational corporations have started business exchanges with China, including Procter&Gamble Chairman and CEO Zhan Muren, Corning&Gamble Chairman and CEO Wei Wende, Pfizer Chairman and CEO Eberler, Qualcomm President and CEO Anmeng, and Apple CEO Cook On a business inspection trip, we strive to seize the opportunities brought by China's economic development. At the same time, the Boao Forum for Asia, the Canton Fair, the Consumer Expo and other closely watched international exhibitions have been held recently, building a broad platform for exchanges and cooperation at home and abroad and promoting high-quality development.

"Implement high-level opening up, reasonably reduce the negative list of foreign investment access, and implement the national treatment of foreign-funded enterprises in a high standard" "promote stable scale and excellent structure of foreign trade, and promote the joint construction of high-quality development of the the Belt and Road"... At the 2023 annual meeting of the China Development Forum, several authoritative departments in China actively spoke about promoting high-level opening up, and Huacheng observed and reported on import and export data.

The more challenges we face, the more we need to strengthen openness and cooperation, and the stronger the combined force that can promote the formation of a stable economic recovery. Let the vibrant Chinese market provide development opportunities for enterprises from various countries, "said Minister of Commerce Wang Wentao." The Chinese market is a rapidly growing market, an open market, and a shared market, with huge growth potential. In recent times, domestic and foreign enterprises have gathered in China, not only benefiting the world's recovery and development, but also sharing China's development opportunities.

After a three-year hiatus, the attending guests once again gathered in Boao offline to discuss development strategies for Asia and the world. Holding high the banner of the concept of a community with a shared future for mankind, we should work together to build an Asian community with a shared future. The voice of solidarity and cooperation issued by the Boao Forum for Asia has injected more certainty into world peace and development. Anil Kishora, Vice President and chief risk officer of New Development Bank, said that as the world manufacturing center, the Asia Pacific region will play a more important role in driving global economic growth and ensuring the stability of the industrial chain supply chain.

It goes without saying that China is a key link in the global industrial and supply chains. As foreign-funded enterprises continue to increase their presence in China, they will further optimize their industrial layout in the future. The vast majority of executives from foreign-funded enterprises are visiting China for the first time in three years, attending forums, exploring markets, and discussing cooperation. The itinerary is well arranged. The annual "Global Trade Data and Prospects" report released by the World Trade Organization recently shows that global trade in goods will increase by 1.7% in 2023, higher than the 1% predicted in October last year. The report states that the "key factor" in raising global trade growth expectations is China's continuous optimization and adjustment of epidemic prevention measures, which helps to release consumer demand and promote international trade growth. World Bank President Marcus said that given the optimistic prospects for China's economic recovery, the World Bank has raised its growth forecast for China in 2023 from 4.3% to 5.1%, and its global growth forecast from 1.7% to 2%, according to Huacheng Import and Export Data Observation.

Consumption is the "ballast" and "propeller" of economic growth. At present, the global economic situation is complex and severe, and the post pandemic economic recovery is weak. China has held Consumer Expo for three consecutive years, demonstrating China's determination to share open opportunities with the world. This year's Consumer Expo has attracted 3382 consumer boutique brands from 65 countries and regions to participate, including 2226 international brands and 1156 domestic brands; More than 320000 visitors arrived, including over 50000 buyers and professional visitors. Over 2000 foreign buyers from 35 countries and regions including Italy, France, Germany, Japan, South Korea, Vietnam, Indonesia, Thailand, etc. attended the conference to participate in procurement negotiations.

The Consumer Expo has just ended, and the 133rd Canton Fair, known as the "First Exhibition in China", has opened in Guangzhou. This Canton Fair is the first time that it has been held offline since the COVID-19. The exhibition area and the number of exhibitors have reached a record high, attracting hundreds of thousands of purchasers from more than 220 countries and regions to register for the fair, which will continue until May 5 and be held in three phases. It is worth mentioning that the description of the "record breaking scale" of this year's Canton Fair has given the world a deeper sense and understanding of the "ocean of Chinese economy". So far, 508 enterprises from 40 countries and regions are expected to participate in 12 professional exhibition areas, of which 73% are from countries and regions along the "the Belt and Road". More and more people are choosing to pursue the Canton Fair, which is the "wind vane" of China's foreign trade development, and have made a positive choice of "keeping up with the times" with their footsteps.

As a barometer and wind vane of China's foreign trade, the popularity of this year's Canton Fair undoubtedly reflects the resilience and advantages of China's foreign trade, as well as the vibrant vitality and vitality of Chinese manufacturing. The significance of the two recent exhibitions is not only to showcase the development vitality, growth potential, and open confidence of the Chinese economy, but also to inject more stability into the global economy. At present, the development of the world economy is not easy, and only when everyone gathers firewood and flames high can we overcome difficulties together. China has demonstrated to the world through practical actions that only by unwaveringly upholding true multilateralism and the multilateral trading system centered around the World Trade Organization can we promote economic linkage and integration among countries and jointly build an open world economy. China's unwavering promotion of high-level opening up is not only an inevitable requirement for China to promote high-quality economic and social development, but also will continuously inject new momentum into human high-quality development. Huacheng Import and Export Data Observation Report.

Open cooperation, shared destiny. From the Fair for Promotion, the Trade in Services Fair, the Canton Fair, the Consumer Fair and so on, to the 21 pilot free trade zones covering the East, West, North, South, Central, Hainan Free Trade Port, to the promotion of the joint construction of the "the Belt and Road" high-quality development... Since the new era, China has continued to expand its high level of opening up to the outside world, not only developing itself, but also benefiting the world. We gather in this open spring and will surely create a better tomorrow, "Huacheng Import and Export Data Observation Report.