The world’s second largest economy, second largest importing country, and second largest country of consumption are all designations which testify to China’s transformation in the four decades since reform and opening up began. They will also set the tone for the First China International Import Expo (CIIE) in November this year.
“The import expo connects the domestic and international markets, so it can coordinate their respective resources, which will help not only diversify China’s consumer market, but also lower consumption costs, advance reform and opening up, and enhance the quality, efficiency and growth impetus of Chinese enterprises,” said Gao Feng, spokesperson for the Ministry of Commerce (MOFCOM), at a press confer-ence on December 28, 2017.
“A top priority of the commercial sector in 2018 is to get things underway for…