China Expo Lands $58 Billion In Deals
The first ever China International Import Expo was held last week and reports suggest that around $58 billion of deals were agreed during its six day duration.
Thousands of foreign businesses joined together with Chinese buyers to attend the trade event, which was held at Shanghai’s National Exhibition Centre.
The expo was aimed at promoting trade with countries looking to export to China. With a population of 1.3 billion, China is a vast market and expect to import products and services worth more than ten trillion dollars over the next five years.
According to the China Daily, deals for high-tech equipment reached $16.4 billion, followed by food and agricultural at $12.6 billion, automotive industry at $12 billion, medical care at $5.7 billion, consumer electronics at $4.3 billion and retail at $3.3 billion.
Supply Chain News from the Supply Chain Academy. The only learning resource centre focused solely on the subject of supply chain, for more information call 01708 259450 or email info@supplychainacademy.org.uk.
Don’t forget to follow us:
Follow Us:
Accelerate Innovation Masterclass
The latest techniques in strategic innovation, maintain your supply chain’s competitive edge
Brexit Event
Join us for an informative event on how to prepare your business for Brexit.
Accelerate Innovation Masterclass
The latest techniques in strategic innovation, maintain your supply chain’s competitive edge
Brexit Event
Join us for an informative event on how to prepare your business for Brexit.
Accelerate Innovation Masterclass
The latest techniques in strategic innovation, maintain your supply chain’s competitive edge
More News…..
Red Sea Disruption Update
One of the world’s most used waterways has been the focus of media attention for weeks following the disruption to major shipping lines. Houthi rebels from Yemen are currently conducting attacks on commercial vessels in the Bab al-Mandab Strait. This area serves as...
Innovative Masters level apprenticeship launched for Supply Chain Leaders
New innovative Masters level PgDip/MBA (Supply Chain) apprenticeship unveiled for supply chain leaders A new and innovative degree apprenticeship for supply chain leaders has been launched by the Uniserve Group in partnership with the University of Suffolk. The Group,...
Supply Chain Academy Announced as Finalists for BIFA Staff Development Award
Supply Chain Academy (SCA) in partnership with CP Training (CPT), received the news that they have been shortlisted as finalists for a BIFA (British International Freight Association) award. The nomination that sees partners SCA and CPT shortlisted in the ‘Staff...