A glimpse of what Zhejiang bought at previous CIIE

ezhejiang.gov.cn| Updated : Nov 4, 2020 L M S

More than 40,000 individuals representing around 14,000 Zhejiang-based companies have signed up to be buyers at the 3rd China International Import Expo (CIIE), which is slated to be launched on the evening of Nov 4.

The Zhejiang trade mission has seen impressive results at previous editions of the expo, reaching $57.83 billion in intended deals at the first edition and surpassing $10 billion in both imports purchases and foreign investment attraction at the second edition.

Zhejiang Cereals, Oils & Foodstuffs Import & Export Co purchased $2.3 million and $14.2 million in New Zealand milk powder at the first and second CIIE, respectively.

Two subsidiary firms of Zhejiang Energy Group Co purchased a total of $120 million in coal at the second CIIE, while Hailiang Group Co signed deals at the second CIIE to import 4.2 billion yuan ($627 million) worth of copper.

A Hangzhou-based financial leasing company bought 1,811 Volkswagen Touareg cars valued at $122 million at the first CIIE and another 880 such vehicles valued at $45 million at the second CIIE.

Zhejiang Loong Airlines purchased $477 million worth of airplane engines and related maintenance services from US-French joint venture CFM on the first day of the second CIIE.

Zhejiang Xinao Textiles Co, a CIIE participant based in Tongxiang, bought 169 million yuan in imported equipment in 2019.

The purchasing value of Taizhou-based companies was as high as $290 million at the second CIIE, during which time the city's one-stop foreign trade service platform, CAFTP, started cooperating with South Africa companies and imported their red wines for the first time.