logo
100 Days to 8th CIIE: Preps Harden as Global Exhibitors Eye Business Potential in China

100 Days to 8th CIIE: Preps Harden as Global Exhibitors Eye Business Potential in China

Reutersa day ago
SHANGHAI, China, July 27, 2025 (EZ Newswire) -- Facing the complex international landscape and mounting challenges, China International Import Expo (CIIE), opens new tab consistently acts as a platform for global business exchange. With only 100 days to go, the 8th CIIE is set to take place in Shanghai from November 5 to 10.
As of now, over 50 countries and international organizations have confirmed their participation in the Country Pavilion. Sweden and the United Arab Emirates will serve as guest countries of honor at the 8th CIIE, while Kyrgyzstan will make its debut.
To help global enterprises across sectors better integrate into the Chinese market, the Corporate Pavilion features six major exhibition areas — encompassing Medical Equipment and Healthcare Products, Automobile and Smart Mobility, Intelligent Industry & Information Technology, Consumer Goods, Food and Agriculture Products, and Trade in Services — and will continue hosting its Innovation Incubation Special Section. Driven by strong interest and participation from overseas companies, total booked exhibition space has surpassed 330,000 square meters, with 170 companies and 26 institutions becoming eight-time full-attendance exhibitors.
Notably, this year's Corporate Pavilion introduces four fresh innovations, demonstrating its vibrant energy and vast collaboration opportunities for participants.
l A special section for the least-developed countries products will launch alongside an upgraded Africa products section, helping 53 diplomatic African partners leverage zero-tariff treatment to enter the Chinese market.
The 8th Hongqiao International Economic Forum (HQF) will convene under the theme 'Opening-up for New Opportunities, Cooperation for a Shared Future'. Alongside the release of the World Openness Report 2025 and the latest World Openness Index, the HQF will host over 20 parallel sessions on revitalizing multilateral cooperation, empowering digital intelligence, green and sustainable development, and a more open China.
Side events will retain previous categories, while people-to-people exchange activities will add a new 'Charming Friends of City' zone, inviting international friendly provinces and cities to set up their booths.
Stay tuned for the 8th CIIE — secure your spot now!
Sign up as an exhibitor: https://www.ciie.org/exhibition/f/book/register?locale=en, opens new tab
Sign up as a professional visitor: https://www.ciie.org/ciie/f/visitor/pre-book?locale=en, opens new tab
About China International Import Expo (CIIE)
The China International Import Expo (CIIE) is a trade fair held in autumn annually since 2018 in Shanghai, China. It is the world's first import-themed national-level expo, featuring exhibitions of multiple countries and businesses and the Hongqiao International Economic and Trade Forum. The expo is co-hosted by the Ministry of Commerce of China and the Shanghai Municipal Government. Its partners include World Trade Organization, United Nations Conference on Trade and Development and United Nations Industrial Development Organization. For more information, visit www.ciie.org/zbh/en/.
Media Contact
Cui Yancuiyan@sinoexpo.cc
###
SOURCE: China International Import Expo (CIIE)
Copyright 2025 EZ Newswire
See release on EZ Newswire
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Major car brand warns thousands will lose jobs with EV demand 'hitting hard'
Major car brand warns thousands will lose jobs with EV demand 'hitting hard'

Daily Mail​

time14 minutes ago

  • Daily Mail​

Major car brand warns thousands will lose jobs with EV demand 'hitting hard'

One of the most famous luxury performance car makers in the world has warned it will make a wave of redundancies across its business after being 'hit hard' by falling electric vehicle sales. In a letter to workers seen by Bloomberg, its CEO warned that a new package of cost cuts is coming, in addition to the current plans to reduce its workforce by a tenth by 2029. As well as cutting 1,900 jobs in Germany by the end of the decade, Porsche will start negotiations with IG Metall trade union on additional reductions in costs in the second half of this year, with the aim to bolster profitability in the coming years. In the note to employees, CEO Oliver Blume cautioned that the German marque's business model, that was once the envy of the industry due to its leading profit margins, 'no longer works in its current form'. He blamed the global EV sales slumps, the introduction of Trump tariffs - which in recent days have been renegotiated with the EU - and plunging demand in China. Porsche has already scaled back its original projection to reach an 80 per cent share of EV sales by 2030 in a change in places announced this time last year. A Porsche spokesperson told This is Money: 'Our company is currently navigating significant global challenges. 'The fact that we are able to report the figures that we are reporting at the moment is largely thanks to the substantial investments we have made in previous years. 'We have introduced a new and strong product portfolio.' Blume told his employees in Germany that 'business conditions have deteriorated massively within a short period of time'. Porsche's global sales declined by three per cent in 2024, with profit margins now forecast for between 10 and 12 this year, below the long-term target of 20 per cent. By the end of 2025, Porsche will lose the final current-generation Boxster and Cayman, with electric replacements not arriving before 2026. The new Macan EV crossover has seen a strong start to sales, with 60 per cent of sales of the Macan in the first half of the year being electric. Globally Macan sales have improved overall by 15 per cent. However, the Taycan - Porsche's first electric model - saw a 49 per cent decline in sales in 2024 and dropped another six per cent in the first half of 2025. A string of recalls for the flagship EV hasn't helped Porsche's cause. The German brand will therefore be hoping that the Cayenne EV will inject new sales. Any slowdown of EV sales hurts the investments already made into models like the Macan. 'On the one hand we need EVs to fulfil regional CO2 regulations,' Blume wrote, 'but on the other the profit margins are far below those of our combustion engine cars'. Porsche is also battling issues in the Chinese market, particularly with price wars for EVs. The Stuttgart brand saw an overall sales decline in China of 28 per cent year-on-year, which was attributed to 'the continuing challenging economic situation in this region'. It marks the lowest sales level for Porsche in the region for 11 years. North America is also causing the luxury car maker issues, despite being its largest market with price hikes eating into potential growth there. Demand is strong but the combination of tariffs, which have just been confirmed at 15 per cent for European models, and a sharp decline in the US dollar versus the Euro has left Porsche 'under enormous financial pressure' there 'despite a delivery record in the first year,' according to Blume. The perfect storm of all three has seen one of the world's most valuable car makers lose 29 per cent of its share price so far this year. 'All of this is hitting us hard — harder than many other car manufacturers,' Blume said. As a result the job losses announced for 2029 will see employees encouraged to take voluntary leave by accepting early retirement or severance packages, and Porsche will take a 'restrictive approach' to hiring. Porsche commented: 'We have revised our product strategy to reflect the evolving demands of global markets and the slower-than-expected ramp-up of electromobility. 'Our portfolio is now more flexible and features compelling new models for the years ahead. 'We are investing heavily. Our cars are and will remain the beating heart of our company. 'Given the altered external conditions, we must redevelop our business model to be more flexible, regionally attuned and responsive. 'At the same time, we are building on our proven strengths.'

Trump issues final trade deal threat with four days to price hike 'doomsday'
Trump issues final trade deal threat with four days to price hike 'doomsday'

Daily Mail​

time44 minutes ago

  • Daily Mail​

Trump issues final trade deal threat with four days to price hike 'doomsday'

President Donald Trump levied a fresh threat to countries that have yet to announce trade deals with the U.S. with just four days to go before his new August 1 'doomsday' deadline. Trump skirted over the details when questioned about highly anticipated price hikes for steel, aluminum and pharmaceuticals, with vast economic impacts at stake in each sector. Then he was asked about what his tariff would be for the remaining countries that haven't landed a deal. 'I would say it'll be somewhere in the 15 to 20 percent,' he said. 'Probably one of those two numbers,' Trump added, leaving himself some flexibility. But his latest trade agreements, with Japan, Indonesia, the Philippines, and the EU, indicate that he remains firmly settled on keeping substantial tariffs in place. Trump repeatedly cheers the billions in revenue they bring in to the U.S. Treasury. Critics of the new policy have said these price hikes will get passed on to U.S. consumers. Trump's renewed threat came a day after he announced a major deal with the European Union. He said that EU countries would be facing a 15 percent tariff for exports to the U.S., after earlier threatening to impose a 30 percent tariff. He said U.S. exports would face no tariffs in EU countries. Trump met on Monday at his Turnberry club with British Prime Minister Keir Starmer, whose government has been seeking to bring down 25 percent Trump-imposed tariffs on steel and aluminum. Trump got asked after his meeting if he would do anything to help British steel and aluminum manufacturers who might get hit, and when his tariff might come down to zero on that sector. 'We're a big buyer of steel. But we're going to make our own steel. We're going to make our own aluminum,' he said. Earlier Monday, before his meeting began, Trump also avoided details when the Daily Mail asked if he was going to come down on steel and aluminum. The White House had identified that as a top ask Trump might face at Turnberry. 'They did a great job,' Trump said, speaking in generalities while a bagpiper welcoming his guest played. 'They've been trying to make that deal for 12 years.' Trump also continues to brandish trade talks as a political weapon – in one case, pressing Cambodia and Thailand to stop cross-border attacks. 'That was going to be a very bad war,' Trump said. He said everything was 'settled.' Later, Trump wrote on Truth Social that both countries had agreed to a 'ceasefire and peace.' He said he had instructed his team to restart trade negotiations with them. That leaves India, Brazil, and South Korea as among the major economies with no deal yet. On Sunday, Trump announced he had reached a 'very powerful' trade deal with the European Union that would lower barriers to U.S. exports and bring new European investments into the U.S. Speaking from his Turnberry golf course, Trump said European Union countries would purchase $750 billion of energy from the U.S., and provide an additional $600 billion in U.S. investments. 'All of the countries will be opened up to trade with the United States at zero tariff, and they're agreeing to purchase a vast amount of military equipment,' Trump added. 'We don't know what that number is.' It came after Trump inveighed against 'one-sided' trade with Europe as he sat down at his Turnberry golf course with the EU Commission president, while raging against windmills and saying there were prospects for reaching a deal imminently. 'We wanted to rebalance the trade relations,' said EU Commission Chair Ursula von der Leyen, confirming the agreement while sitting alongside Trump. Trump flashed his anger when a reporter asked if turmoil over the Jeffrey Epstein story had contributed to the rush to get the deal done. 'Oh, you've got to be kidding. No – had nothing to do with it. Only you would make that. That had nothing to do with it,' Trump responded. Both leaders made nice – after the 'Liberation Day' tariffs Trump rolled out in April threatened to cleave the powerful allies. Trump had more recently threatened a 30 percent tariff on the EU – providing an incentive to negotiate it down. Trump upon arriving here in Scotland said the powerful trade bloc must 'buy down' the number. 'Basically the European market is open,' said von der Leyen. 'It's 450 million people, so it's a good deal. It's a huge deal. Was tough negotiations. I knew it at the beginning, and it was indeed very tough, but we came to a good conclusion from both sides,' she said. The number comports with what had already been floated. 'We are agreeing that the tariff straight across for automobiles and everything else' would be 15 percent, said Trump. The agreement – with details still to be revealed – comes after Trump announced other agreements with Japan and other nations, while firing off a series of trade 'letters' announcing new tariffs he is imposing on other nations. Japan, too, would face a 15 percent rate on its auto exports to the U.S. After many economists warned that Trump's tariffs could break the alliance, the two leaders proclaimed new cooperation after they had agreed to broad terms. 'This deal will bring us very close together actually. It's a partnership in a sense,' Trump said. The progress came about an hour after Trump complained about the trade relationship. 'It's been a very one-sided transaction – very unfair to the United States,' he complained alongside von der Leyen, keeping her hands in her lap and her expressions muted. 'It's been a very, very one-sided deal, and it shouldn't be,' Trump fumed. He said a deal, if it can be reached, would be the biggest deal 'ever struck by anybody.' 'This is the biggest deal. People don't realize – this is bigger than any other deal. And it could happen – should happen,' he said. Fielding questions at a press event that put the 'working' in what his team calls a 'working visit,' Trump went off on a number of topics. His attacks quickly changed to wind turbines he said obstructs the view from his Scottish golf course. 'It ruins the landscape it kills the birds. They're noisy,' Trump complained. He said what he terms windmills in Massachusetts were 'driving them loco – driving them crazy.' 'Today I'm playing the best course, I think, in the world: Turnberry ... And I look over the horizon and I see nine windmills. I say isn't that a shame,' he said. On immigration, another tension point, Trump said: 'We've sealed our borders. We have nobody coming in ... I think they're going to end up in the same place. You might as well go there quicker.' Von Leyen shared his assessment on the chance of reaching an agreement, putting it at 50 percent. Trump got asked at one point if he could do better than 15 percent – the amount of a tariff on European imports that has been floated as a potential final number in an agreement. 'Better meaning lower? No,' Trump said flatly. But the former German politician showed some give in her own remarks, and kept her composure even as Trump tore into European policies on trade, energy, and immigration. 'I think the President is right. You have a 50 percent chance to strike a deal. And indeed, it is about rebalancing. So you can call it fairness, you can call it rebalancing.' She continued: 'United States has a deficit, and we have to re balance it. We have an excellent trade relations – tt's a huge volume on trade that we have together. So we will make it more sustainable. The two leaders sat in the Donald J. Trump ballroom – one Trump said he wishes he could simply drop down inside the White House, where he has plans for a new ballroom. 'You know, we just built this ballroom, and we're building a great ballroom at the White House. The White House has wanted a ballroom for 150 years, but they never had a real estate person,' he said. He called the ballroom, which is named for himself, 'quite the success.' 'I could take this one, drop it right down there, and it would be beautiful,' Trump said. The trade talk comes a day before Trump is set to sit down with British PM Keir Starmer, amid indications that Trump's love of pomp and pageantry could be working to his host county's benefit. He also complained that the U.S. doesn't get enough credit to approving food aid for Gaza, amid growing hunger and signs of starvation as Israel paused military action. 'Nobody acknowledged it. Nobody talks about it,' Trump complained. 'The US is going to do more aid for Gaza but we'd like to have other countries participate,' Trump said. The meeting came after Trump spent a second day on his Turnberry golf course Sunday – after raging at rivals from Democrats to Beyonce overnight. This time, he golfed just with his son Eric, despite touting a littany of big shots he said would be staying at his private course. 'We'll have numerous executives that we're meeting with – lot of them. We're going to be meeting with a lot of people. A lot of people will be staying at Turnberry,' Trump said after landing Friday night. His aides are calling it a 'working visit' – although he has made time to play his course for two successive days. There is a typically massive security footprint – including the rollout of a new armoured golf court after a phalanx of agents swept his course in search of potential security threats. The last minute addition to his schedule has Trump going toe-to-toe with a top European leader days after he said there was a 'fifty-fifty' chance of reaching a trade deal. If Trump wanted to send a message about what kind of contender she was dealing with, he posted a short video of himself swinging a driver at one of the tees on his Turnberry course. Trump also put in plug by golf legend Gary Player, quoting him as saying 'Turnberry is, without a question, in the Top Five Greatest Golf Courses I've ever played in my 73 years as a pro.' 'Thank you, Gary!' Trump added. Not all of his musings were upbeat – on a trip that Trump began by railing against wind turbines and illegal immigration. Trump used his site to fire at Democrats about the 2024 election, after spending part of the week accusing President Barack Obama of 'treason' after his administration released declassified documents about Russian election interference intelligence assessments. 'I'm looking at the large amount of money owed by the Democrats, after the Presidential Election, and the fact that they admit to paying, probably illegally, $11 million to singer Beyoncé for an endorsement (she never sang, not one note, and left the stage to a booing and angry audience!), $3 million for 'expenses,' to Oprah, $600,000 to very low rated TV 'anchor,' Al Sharpton (a total lightweight!), and others to be named for doing, absolutely nothing!' he wrote, sprinkling in all-caps. The Kamala Harris campaign has long denied paying for any endorsements. Oprah Winfrey has said she was 'not paid a time' to appear with Harris, although the campaign picked up production costs of the event. FEC filings show the Harris camp gave $165,000 to Beyonce's production company, Parkwood Production Media LLC,

ADNOC's Covestro deal in EU crosshairs over subsidies
ADNOC's Covestro deal in EU crosshairs over subsidies

Reuters

timean hour ago

  • Reuters

ADNOC's Covestro deal in EU crosshairs over subsidies

BRUSSELS, July 28 (Reuters) - Abu Dhabi state oil giant ADNOC's 14.7 billion euro ($17.2 billion) bid for German chemicals company Covestro ( opens new tab may face hurdles after EU antitrust regulators opened an investigation on Monday into potential distortions caused by foreign subsidies. ADNOC struck the deal to buy Covestro last October, marking its biggest ever acquisition and one of the largest foreign takeovers of an EU company by a Gulf state. The European Commission, which has been reviewing the deal under its foreign subsidies rules since May, opened an in-depth investigation on Monday, warning that subsidies granted by the United Arab Emirates could distort the EU internal market. The Commission, which acts as the EU competition enforcer, said the possible foreign subsidies include an unlimited guarantee from the UAE, as well as a committed capital increase by ADNOC into Covestro. "ADNOC may have offered an unusually high price and other favourable conditions, which may have deterred other investors from making an offer," it said in a statement. The EU investigation will also look into possible negative effects in the internal market resulting from the merged company's activities once the deal is concluded. ADNOC said it disagreed with the Commission's preliminary findings. It said it was "confident that when the facts are fully examined there will be no reason to hold up clearance of a transaction that will add great value for all stakeholders and stimulate European industry". "XRG and Covestro remain in constructive discussions with the European Commission and are cooperating to conclude the FSR review," Covestro said in a statement. XRG is the international investment arm of ADNOC. The Commission set a December 2 deadline for its decision on the deal. The EU's Foreign Subsidies Regulation (FSR) focuses on unfair foreign aid for companies in a bid to rein in unfair competition from non-EU companies subsidised by their governments. UAE telecoms group e& ( opens new tab secured EU approval to buy parts of Czech telecoms company PPF last year after agreeing to scrap an unlimited state guarantee and not to channel foreign subsidies to the activities of the merged company in the EU. ($1 = 0.8569 euros)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store