Home>Updates

Imported commodities expo yields fruitful results

chinadaily.com.cn| Updated : Nov 17, 2020 L M S

The 3rd Overseas Chinese Imported Commodities Expo & Qingtian Imported Wine Trade Fair – as well as the 1st International Coffee Expo – concluded on Nov 16 in Qingtian county, administered by Lishui city in East China's Zhejiang province, local media reported.

Despite the global market uncertainties caused by the COVID-19 pandemic, the value of deals written up at the expos hit 2.9 billion yuan ($442 million), a 16.6 percent year-on-year increase.

Officials said that at the same time, 523 authorized agents of imported brands were appointed and 167 foreign winemakers signed contracts to settle in Qingtian. Some 195,000 visitors came to see the expos, while the number of online visitors topped  430,000.

"The expo has become the first choice for many import enterprises to launch new wines and coffee and is a test field for innovative services," said Ji Quanquan, chairman of Qingtian Imported Commodities City.

Officials said that by the close of business on Nov 16, some 216 import enterprises had signed up to participate in the 4th Overseas Chinese Imported Commodities Expo & Qingtian Imported Wine Trade Fair, as well as the 2nd International Coffee Expo.