Machinery / Industrial Parts & Tools

During the late May period, the staff of the China Chamber of Commerce for Import and Export of Mechanical and Electrical Products were particularly busy, rushing to Los Angeles, California, USA to carry out international trade and economic promotion activities. On May 22, the 2023 China California Economic and Trade Forum, sponsored by the Chinese Consulate General in Los Angeles and co organized by the China Chamber of Commerce for Import and Export of Mechanical and Electrical Products and the San Francisco Bay Area Commission, was held in Los Angeles, California, the United States. The conference focused on topics such as clean technology, e-commerce, agriculture, infrastructure, and innovative cooperation, and attracted more than 1600 political and business people from both sides. This is the first resumption of the China California Economic and Trade Forum after three years of interruption due to the impact of the epidemic, which is crucial for boosting confidence in the continued cooperation between multiple provinces and cities in China and the California business community.

Building a cooperation platform, providing opportunities for docking, and safeguarding the rights and interests of enterprises, China Chamber of Commerce for the Import and Export of Mechanical and Electrical Products has always been promoting the expansion of international trade markets for enterprises. As of now, the Chamber of Commerce for Machinery and Electronics has established an international contact network worldwide, establishing cooperative relationships with more than 135 international industry organizations, more than 120 foreign agencies in China, more than 80 national investment promotion agencies, and more than 50 overseas parks. It has undertaken the work of the secretariat of 10 intergovernmental and bilateral economic and trade cooperation mechanisms, including China Russia, China US, China France, China Italy, and China Finland, and maintains daily contact with more than 100 business offices of Chinese embassies abroad. Not only that, the Chamber of Commerce for Mechanical and Electrical Industry also organizes nearly a hundred international trade fairs, matchmaking meetings, cooperation forums, market inspections and other Sino foreign exchange activities every year, playing an increasingly significant role in helping enterprises explore international markets and explore international business opportunities.

Building an International Trade and Economic Cooperation Platform to Provide Business Opportunities for China and Foreign Cooperation

Deeply understanding the potential for cooperation between China and France in new fields such as financial services, cross-border e-commerce, energy conservation and environmental protection is very important for enterprises to expand their international business. Recalling attending the fifth meeting of the China France Entrepreneur Committee in April this year, participating enterprises generally expressed that they have gained a lot. The conference, organized by the China Chamber of Commerce for the Import and Export of Mechanical and Electrical Products and the Franco China Committee, has built a bridge for international trade and economic cooperation between Chinese and French enterprises. Not only have 36 enterprises from China and France signed a total of 18 cooperation agreements in the fields of manufacturing, green, new energy, innovation, etc., but also, relying on this dialogue platform, Chinese and French enterprises will jointly maintain the stability and smoothness of the industrial chain supply chain, deepen nuclear energy, aviation, pharmaceuticals, finance There will also be broad space for mutually beneficial cooperation in areas such as innovation, consumption, new energy, and rail transit.

The annual Spring Tea Party provides a good opportunity for information communication and business cooperation for embassies, business associations, international institutions, and key Chinese and foreign enterprises stationed in China. So far, the Chamber of Commerce has held eight spring tea receptions. By building a flexible, pragmatic, and efficient international exchange platform, it helps enterprises connect with the international market, promote two-way growth of economic and trade cooperation between China and other countries, and better play the role of a bridge and link connecting China and foreign countries and serving the world. "Zhang Yujing, President of the China Chamber of Commerce for Import and Export of Mechanical and Electrical Products, said that in the future, the Chamber of Commerce will continue to strengthen its cooperation with embassies and business associations from around the world in China Contact international institutions and industry organizations, work together with partner units to work pragmatically, walk hand in hand, and develop together.

Nearly 600 Chinese and foreign representatives from the RCEP region, international organizations, industry associations, financial institutions and enterprise representatives attended, 133 Chinese enterprises participated in the exhibition, and more than 5000 professional buyers visited the exhibition for exchange... In March this year, the 2023 International Industrial Cooperation Conference (Singapore) and the China Mechanical and Electrical Products Brand Exhibition jointly hosted by the China Chamber of Commerce for Import and Export of Mechanical and Electrical Products and the Singapore Chinese Chamber of Commerce and Industry in Singapore were unprecedented, By integrating the advantages of industrial chain cooperation of "central enterprise groups+private enterprises", the conference built a high-level Open platform for "going global+bringing in". Recalling this event, Zheng Chao, Executive Vice President and Chairman of the Expert Committee of the China Chamber of Commerce for Import and Export of Mechanical and Electrical Products, said: The event has not only driven large-scale engineering projects and high-end manufacturing achievements to 'go global' through rich content such as forum discussions, exhibition displays, investment promotion, and enterprise docking, but also demonstrated China's determination to open up to the outside world at a high level, bringing in numerous high-quality overseas production factors and resources, and deeply participating in global industrial division and cooperation

According to reports, the Chamber of Commerce for Machinery and Electronics organizes more than 2000 domestic enterprises to participate in more than 100 international large-scale exhibitions in more than 40 countries and regions around the world every year, and has hosted Chinese machinery and electronic product brand exhibitions in countries along the "the Belt and Road" for many consecutive years, effectively helping enterprises expand the international trade market.

Safeguarding Overseas Rights and Interests to Safeguard Enterprises' 'Going Global'

For a long time, safeguarding the interests of Chinese enterprises overseas has been one of the important tasks of the Chamber of Commerce for Mechanical and Electrical Industry. The Chamber of Commerce has continuously strengthened its legal services and gradually established a comprehensive legal service platform covering over 100 countries and regions, nearly 300 cities, covering trade friction response, legal consultation, commercial debt collection, legal training, compliance construction, and intellectual property protection.

Compliance is the foundation of safety, while violations are the source of risk. In order to promote the construction of enterprise compliance system, in February this year, the China Chamber of Commerce for Machinery and Electronics hosted the "2023 Forum on Export Control Compliance". Representatives attending the forum said that the forum was a specific measure to safeguard national interests, follow market rules, and fulfill international obligations, and it was also a booster for the stability of the global industrial chain and the realization of high-quality economic development.

Zhang Yujing stressed that export control compliance, as an important part of enterprises' overall compliance management, has become an important part of China's high-quality foreign trade development goal to improve the trade security system and strengthen the risk management and control system. It is also a necessary means for enterprises to cope with risks, maintain stable growth and improve competitiveness. It has far-reaching significance in maintaining national Economic security and promoting the healthy development of enterprises.

Faced with increasing trade frictions, the China Chamber of Commerce for Import and Export of Mechanical and Electrical Products actively assists enterprises in responding. "In recent years, the Chamber of Commerce has organized enterprises to deal with 211" two anti and one safeguard "investigations such as the EU photovoltaic double anti-dumping investigation and price commitment negotiation and implementation, the US photovoltaic double anti-dumping investigation, the Eurasian Economic Union microwave oven safeguard measure investigation, the Argentine vacuum cleaner anti-dumping investigation, and 104 investigations in the US 337, 301, 232, 201, issued 71 product warnings to the outside world, organized 61 industrial defenses, 2 foreign court lawsuits, and 83 commercial debt collection, effectively maintaining It has protected the legitimate rights and interests of the industry and enterprises, and has been recognized by the government, recognized by the industry, and trusted by enterprises Zhang Yujing said. (Translated from: International Business Daily)