Businesses seal deals on CIIE's final day

195 views · Published 10 November 2018 · 1:25 · Indexed 27 September 2026

Channel: CGTN · 2018 · News & Politics

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This year's CIIE event has provided companies around the world with a chance to explore the Chinese market.  Among the countries and regions participating, 58 are involved in the China-proposed Belt and Road Initiative, and 38 are among the world's least developed countries. China's trade partners, new or old, all had a fair chance to show the best they have to offer. Buyers can see products of around 700 companies from Europe, 180 from the US, 170 from Africa and 600 from East Asia. And some of them are going home with large orders as Chinese e-commerce heavyweight Alibaba sealed deals worth over 200 billion US dollars for transactions over the next five years. Its competitor Jingdong, better known as JD.com, ordered 100 billion dollars' worth of goods. And online electronics giant Suning spent 15 billion euros.

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