China Expo Lands $58 Billion In Deals

by | Nov 19, 2018

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…..

Featured Courses April/May

Below is a small featured selection of CP Training’s outstanding business led courses for April and May 2019, these are just four of many running. Aimed at managers and aspiring managers, CP Training Services have been the go-to specialists for supply chain training...

General Average Declared & Explained

According to The Loadstar this week, steamship line Hapag Lloyd have declared ‘General Average’ on their vessel Yantian Express.The 7,500 TEU container ship was en-route to the port of Halifax this month, when a fire broke out onboard that forced the crew to abandon...

Leeds Trinity Agreement Signed

The Supply Chain Academy and Leeds Trinity University have signed an agreement to deliver Degree Apprenticeship in supply chain management. 25 apprentices, including employees of Uniserve, Henry Shein and Royal Mail have enrolled to study for the Supply Chain...

Share This