BEIJING: Companies from the United States are expanding their presence at China’s flagship import expo, underscoring China’s enduring appeal as a consumer market and manufacturing hub amid an evolving global trade and investment landscape.
From agricultural products and advanced manufacturing technologies, to innovative industrial goods and logistics solutions, US companies including Archer-Daniels-Midland, Rockwell Automation, 3M and FedEx are showcasing their latest offerings at the 9th China International Import Expo, which runs from Thursday to Tuesday in Shanghai.
Senior executives from those companies said that China’s vast market, industrial upgrading and growing demand for innovation continue to create opportunities for US businesses.
US exhibitors have secured more than 50,000 square meters of exhibition space at the CIIE this year, an increase of 1,500 square meters from last year, according to the Ministry of Commerce. The US has ranked first among participating countries and regions by exhibition area for eight consecutive years. ADM, the Chicago, Illinois-based agribusiness group and a seven-time CIIE participant, plans to sign agreements worth 32 billion yuan ($4.8 billion) with customers and industry partners for soybean and grain imports at this year’s expo.
Quan Ping, president of ADM China, said the CIIE provides an opportunity to better understand customer needs, deepen industry partnerships and turn global expertise into practical solutions tailored to the Chinese market.
“We aim to combine our global capabilities with local market insights to create greater value for customers and partners, while bringing more innovative products and solutions to China,” Quan said.
Rockwell Automation, which is exhibiting at the CIIE for the sixth consecutive year, is showcasing new automation controllers and smart manufacturing solutions as the US company seeks to tap into China’s growing demand for industrial artificial intelligence and more efficient production systems. Ian Shih, president of Rockwell Automation (China), said his company sees opportunities in China’s intelligent equipment, new energy, life sciences, advanced manufacturing and industrial digitalization sectors, driven by growing demand for smarter and more flexible production systems. –The Daily Mail-China Daily news exchange item
Fu Suixin, an associate researcher at the Chinese Academy of Social Sciences’ Institute of American Studies, said that US multinationals increasingly see China as more than a sales market, given its role in global innovation and supply chains and the deep economic ties between the two countries.
