NEW YORK Air Max Classic BW Womens Australia , Nov. 1 (Xinhua) -- Nearly 180 American firms have signed up for the first China International Import Expo (CIIE) scheduled for Nov. 5-10 in Shanghai despite the on-going tariffs dispute between the world's two largest economies.
The event, focusing exclusively on imported goods and services, will showcase 3,000 companies from over 130 countries and regions. Among them, the U.S. firms will cover fields such as high-end manufacturing, intelligent equipment, agricultural products, culture and sports.
"There was no shortfall of interest in the Chinese market on the part of American companies. To the contrary Nike Air Max Zero Womens Australia , there was still great appetite to understand and expand within the market," said Sourabh Gupta, a senior fellow at the Washington-based Institute for China-America Studies, in a recent interview with Xinhua.
CHIPS TO GINSENG
For giant U.S. companies that have grown in China for decades, the expo is an important platform to showcase their technologies and services and nab an even bigger share of the fast transformational Chinese economy.
Qualcomm, a leading global company in wireless technologies headquartered in San Diego, California, is one of the first American companies to confirm its participation at the expo.
"We hope to showcase innovative technologies and products and services with our Chinese partners through the CIIE Nike Air Max Tailwind Womens Australia , and reveal the vision and value of the new communications era," Frank Meng, Chairman of Qualcomm China, told Xinhua.
Qualcomm, which entered the Chinese market in the 1990s, has expanded its collaboration with its local partners in areas including mobile phones, connected vehicles, Internet of Things Nike Air Max 95 Womens Australia , and integrated circuit manufacturing. It established joint innovation centers in Nanjing, Chongqing and Qingdao to empower startups and support the growth of the industrial chain.
"The development of the Chinese market offered Qualcomm unprecedented opportunities," Meng said.
China is expected to import 10 trillion U.S. dollars worth of goods and services in the next five years, according to China's Ministry of Commerce. For example, by 2025, the size of the smart logistics will exceed 1 trillion yuan (143.8 billion U.S. dollars), according to the China Federation of Logistics and Purchasing.
Honeywell, a Fortune 100 company Nike Air Max 2017 Womens Australia , which established its first franchise in Shanghai in 1935, also sees great growth opportunities in China's national agenda including innovation-driven industrial upgrading and green development.
"Through the CIIE, Honeywell will introduce a series of hi-tech connected technologies to support China's booming digital economy," said Shane Tedjarati, president of Honeywell Global High Growth Regions.
China is the largest market for Honeywell outside the United States and it is also the biggest contributor to Honeywell's growth, Tedjarati said, adding that the company is now "very aligned with" China's Internet Plus strategy.
For smaller U.S. companies knowing less about China, the CIIE plays as a window for them to explore and understand more the business environment.
Horacio Licon Nike Air Max 1 Womens Australia , vice president of the Greater Houston Partnership, an economic development organization serving the Greater Houston area in the state of Texas, is leading a team of 15 delegates to Shanghai. They represent 12 companies covering diverse industries such as technology, manufacturing, energy and logistics.
Ten innovative companies from Wisconsin, to be featured as part of Foxconn Innovation Pavilion in the expo, are to showcase the midwestern state's key industries, including its advanced freshwater technology.
Meanwhile Nike Air Max Thea Womens Australia , Wisconsin ginseng products will be on display to woo Chinese customers. Statistics show that there are about 180 ginseng farms in Wisconsin producing around 1 million pounds (453,000 kg) of ginseng every year, and about 70 percent of the output has been exported to China.
ESSENTIAL MARKET
The six-day CIIE is a symbol of win-win cooperation which China has long championed in handling foreign relations, noted Robert Kuhn, a leading Chinese expert and chairman of the Kuhn Foundation, in a recent interview with Xinhua.
"To large numbers of companies, particularly in technologies and new areas, to be in the Chinese market is not an option. It's essential for them Nike Air Max 90 Womens Australia ," he said.
"China is in most areas, either the world's largest market, or will become the world's largest market and no company in this world can afford not to be in the Chinese market," said Kuhn.
China now has a middle income group of 400 million, which tops the world and is still fast growing.
According to the Group's Doing Business 2019: Training for Reform report released by the World Bank on Wednesday, China now ranks 46th in the global ranking, advancing more than 30 spots from last year, as the government continues efforts to create favorable conditions for private enterprises.
The report said China is one of this year's top 10 improvers on its business environment given the authorities' continuous opening-up and economic reform.
"There are very few industries in the future where companies can http://www.womensairmaxaustralia.com/ , and will be able to compete on a global basis or even in their home country, if they are not in the Chinese market, being in touch with the latest trends, or the latest problems or challenges," Kuhn added.
OPEN TRADE
For U.S. companies doing business with China, the trade tensions between the United States and China are really "a distraction," Kuhn said.