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US firm CEO: we see significant opportunities in China’s development

China-US trade friction would have negative impacts on related industries of Alaska, Bill Popp, president and CEO of the Alaska-based Anchorage Economic Development Corporation (AEDC) told People’s Daily in a recent interview.

Popp gave a long list of industries that might be impacted, including seafood, minerals, energy, logistics and tourism.

“We are concerned about the tariffs and the current trade tensions, because we think that may take away the opportunities that we have worked very hard to build up over the last few years,” he said.

Popp believes that his company sees significant opportunities in China’s development, as Alaska is the closest state in the US to China.

AEDC is a nonprofit corporation devoted to seeking external market opportunities for the benefit of 265 local companies and over 50,000 employees, Popp introduced, adding that China is one of the corporation’s most important partners.

Speaking of the recent remarks on US-China relations made by a US leader in Washington, which claimed that the US is losing in trade with China, Popp said that his company is against such mentality. “Alaska has a different point of view on the national debate on trade with China,” Popp said.

Alaska has an economic aggregate of about $52.8 billion, and its exportation to China totaled $1.3 billion in 2017, according to Popp.

“I know that there is strong interest from a number of both small businesses and larger businesses in Alaska to seeking our trade opportunities,” he noted.

However, the trade disputes started by the US government have brought great uncertainties to all these visions. To Popp, trade disputes would not merely strike relevant industries; they would be more of a source of damage to cooperative opportunities, which would lead to unemployment and significant impact on the life of many local people, especially those who live in the rural areas.

Popp disclosed that seafood business serves as an economic foundation for Alaska’s coastal regions. In order to develop their market in China, Popp and his team have resorted to China’s largest e-commerce company Alibaba for negotiation.

Many southwestern and southeastern coastal areas of Alaska would suffer direct impacts if seafood export drops because of the trade dispute, Popp told People’s Daily.

In addition, the intensifying trade conflict between the two countries would probably have an impact on Alaska’s efforts to continue seeking opportunities in Chinese market, and it would be very difficult to find an alternative market which takes at least a few years.

Airborne logistics, according to Popp, would be another field that could be damaged by the trade disputes. Thanks to the unique geographical advantage, the close distance to Asia, Anchorage, Alaska’s biggest city is now the world’s fifth largest port for air cargoes.

80 percent of air cargoes from Asia to America arrive at the Anchorage airport first. Popp told People’s Daily that the airport was the major job creator of Anchorage, and 10 percent of the local jobs were involved in air transportation.

A comprehensive trade dispute will obviously have an impact on the airport, which would probably result in a dramatic decrease of air cargoes from China, said Popp, adding that they placed high attention on the situation.

Looking into the future, Popp hopes that the two countries could deal with disagreements through rational means and continue to push forward with the win-win cooperation.

It is not just for improving economic and trade ties, but also for the enhancement of the exchanges between the two peoples, such as the promotion of mutual understanding on fundamental issues like who we are, what we are interested in and what common grounds we share, Popp explained.

To reform to build a community of common destiny for mankind

The upcoming first China International Import Expo (CIIE), which is expected to enhance the spillover effect of China’s economic development and help developing countries participate in and integrate into economic globalization, will make significant contributions to the construction of a community of common destinyfor mankind.

One of the key missions of the CIIE is to helpleast developed countriestake partin itand benefit from China’s growth.

The upcoming expo has by far attracted more than 140 companies from 20 least developed countries to the great opportunity to showcase quality products, tourism resources, and traditional cultures with the most distinctive characteristics of their countries.

While the concept of building a community of common destiny for mankind has been incorporated in the resolutions of the United Nations (UN), a series of global public goods provided alongside the opening up of China such as the Belt and Road Initiative and the Asian Infrastructure Investment Bank (AIIB) are spurring great momentum of cooperation.

These Chinese solutions and wisdom are receiving warm responses, and winning more hearts around the world. It is attributed to the fact thatChina, whileachieving a higher level of opening up, continuescreating conditions for other countriestoaboard its express train of development and shares its development opportunities with other countries.

China will drive and improve global governance system through conforming to the intrinsic requirement of the global governance system and the reform ofinternational order.

The concept of a community of common destiny for mankind is like a guidepost that indicates the right development direction for the disintegrated world, and it is full of inspirational power.

Where is our world going? Chinese President Xi Jinping put forward his answer to the question in his keynote speech at the 2018 Boao Forum for Asia- peace and cooperation, openness and connectivity, and reform and innovation.

The current reality shows that people around the world havenever been more closely tied up by the same destiny than they are today.

The favorable tax policies in China’s free trade zones will add competitiveness to the cherries from Chile and the avocados from Mexico, while the China-Europe freight trains galloping across the Eurasia have brought the flour from Central Asia, apples from Poland, and wine from France to the dining tables of the people along the routes.

The CIIE will write a new chapter of an opening Chinain the 40th anniversary of reform and opening up.China willpropel the opening up of the world through accelerating its own opening up. The CIIE will enrich the Chinese solution to the building of a community of common destiny for mankind. It is a Chinese contribution to the world, as well as China’s responsibility as a big country.

Over 160,000 buyers to shop the world at first CIIE in Shanghai

The first China International Import Expo (CIIE) is about to kick off soon, and more than 160,000 buyers are ready to shop the world.

Beijing will send a trade delegation comprising 14,354 individuals and 4,741 enterprises and organizations to the expo. They will mainly focus on the products, technologies, and services that are in accord with the industrial development of Beijing in the areas such as high-end equipment manufacturing, service trade, and scientific and technological innovation.

In addition, to better serve the needs of consumption upgrading, the Beijing delegation will also focus on high-end consumer goods and services.

Over 2,470 buyers from Tianjin municipality will attend the CIIE. They have formed several sub-delegations by professions such as intelligent manufacturing, medicine and health, education, tourism, recreation, sports, and social organizations.

About 30 percent of these buyers from Tianjin have reached preliminary purchasing agreements with the exhibitors that cover a wide range of fields including heavy machinery, flight equipment introduction and rental, importation of featured products and agricultural products, clean energy, finance, sports, and tourism.

East China’s Jiangsu province has established 16 sub-delegations to the CIIE early this June. It’s learned that 278 enterprises from these sub-delegations plan to make purchases of over 1 billion yuan ($144.3 million) in the next 5 years, while over 1,400 companies intend to buy 100 million to 1 billion yuan worth of goods during the same time period.

More than 2,000 buyers have joined the trade delegation of northeastern China’s Heilongjiang province, planning to buy a variety of goods including food, wood, automobile, machinery, consumer goods, smart home appliance, medical facilities, and service trade.

The Shanghai delegation, which enjoys the convenient access to the expo, sees 15,000 registered buyers for the first CIIE, 10,000 of whom have expressed intention to make purchases in the next 5 years. Hundreds of them intend to make purchases of over 1 billion yuan.

The Shanghai delegation focuses on precision and efficiency. It’s learned that it plans to purchase 10 billion yuan of manufacturing equipment, 2 billion yuan of cosmetics, 600 million yuan of medical facilities, and 100 million yuan of dairy products.

Highlights of the first CIIE

People take photos of a concept electric vehicle of Toyota at the first China International Import Expo in Shanghai, east China, Nov. 5, 2018.(Xinhua/Meng Dingbo)

As a grand event of global trade, the first China International Import Expo (CIIE) kicked off on Nov. 5 at the National Exhibition and Convention Center in Shanghai.

The world’s first country-level expo on the theme of import includes business exhibitions, country pavilions for trade and investment achievements, and high-level parallel forums.

Here come the highlights of the expo.

Highlight No.1

The CIIE adopts scientific and technological methods to add distinctive charms to the country pavilion.

The National Trade Investment Comprehensive Exhibition is an initiative of the CIIE. At the expo, 82 countries and three international organizations have established 71 booths in the country pavilion for trade and investment. With an area of 30,000 square meters, the country pavilion serves as a great platform for foreign businesses to fully display their development achievements in trade and investment.

Countries from all over the world, including developed countries, developing countries, and the least developed ones, gather together at the expo.

Twelve guest countries of honor, including Indonesia, Vietnam, Pakistan, South Africa, Egypt, Russia, the UK, Hungary, Germany, Canada, Brazil, and Mexico, have set up booths featuring their unique characteristics and sent high-level government delegations to the expo.

High-tech means and diversified ways have been adopted by countries to showcase their unique regional cultures and advantages of featured industries. The exhibition in the country pavilion covers trade in goods and services, industrial situations, investment, tourism, and representative products.

China is the first in the world to hold economic and trade forums in parallel with the import expo.

Highlight No.2

New special technologies light up booths of renowned enterprises.

The business exhibition hall of the expo, which holds more than 3,600 enterprises including over 200 Fortune Global 500 companies, is like a place of wonder that collects world’s famous enterprises.

There are over 400 enterprises in the exhibition area of intelligence and high-end equipment and facilities, including Fortune Global 500 firms like General Electric, Microsoft, Canon, Hitachi, Siemens, and Dell.

Strong performers in robotics and robotic automation such as KUKA, ABB, and FANUC have also come to display their cutting-edge achievements at the expo.

With special booths accounting for 91 percent of the business exhibition area and over 100 new products and technologies released at the expo, there’s a lot to expect at the event.

The car exhibition area is an eye-catching spot, which displays fine products of 69 famous automobile companies. With about 95 percent of the car exhibition area taken up by Fortune Global 500 companies and leading enterprises of the car industry, visitors can see all the mainstream cars.

The medical equipment and healthcare exhibition area gathers more achievements of scientific and technological researches. Over 300 major companies of the medical and healthcare industry are here to showcase their edge-cutting products, including Roche, AstraZeneca, Johnson & Johnson, Sanofi, and Bayer.

The release of a number of new technologies has enhanced the scientific and technological value of the expo, and also provided new directions to China’s supply-side structural reform.

Highlight No.3

The innovative products created to serve people’s needs of a better life are very much welcomed.

In the seven major exhibition areas, there are a great variety of products closely related to people’s daily life. Great attention has been drawn to the exhibition of consumer electronics and home appliances, clothing & accessories, consumer goods, and food and agricultural products.

Food and agricultural products are closely linked with people’s livelihood, and are thus given the largest exhibition room. It is expected that the area will attract more individual attendees and win favor of purchasing delegations.

Meanwhile, home appliances and consumer goods are also the focus of various purchasing groups, and the business negotiation is very active.

China’s Vice Minister of Commerce Wang Bingnan noted that in order to facilitate more deals, local governments and relevant authorities had organized 39 trade delegations and nearly 600 sub-delegations to the expo, enabling over 100,000 backbone enterprises and more than 150, 000 buyers to carry out business negotiations and purchase at the expo.

Before the expo, China held seven supply-demand matchmaking conferences to promote trade among key exhibitors and merchants, said Wang, disclosing that there would be multiple large-scale supply-demand matchmaking activities at the expo to provide businessmen with comfortable zones for negotiation and facilitate deals at the event.

The enterprises from various countries of the world would find their trip to the first CIIE rewarding and satisfying, expressed the vice minister.

CIIE demonstrates China’s endeavors toward an open world economy

China’s initiatives for promoting a higher level of opening up and building an open world economy have won the hearts of people all around the world, foreign leaders said. They spoke highly of Chinese President Xi Jinping’s speech delivered at the opening ceremony of the first China International Import Expo (CIIE) on Nov. 5.

They believe that the proposals are bound to inject power into China’s economy and create new opportunities for win-win cooperation.

In his speech, Xi said that the CIIE is the world’s first import expo held at the national level, an innovation in the history of global trade.

It demonstrates China’s consistent position of supporting the multilateral trading system and promoting free trade. It is a concrete action by China to advance an open world economy and support economic globalization, said the Chinese President.

While strengthening the driving force for China’s own economic development, these Chinese initiatives and proposals will certainly create new opportunities for win-win cooperation across the world, global leaders said in their speeches.

Kenyan President Uhuru Kenyatta said that this expo is an important signal to the world that China remains open for business despite the growing wave of trade protectionism.

Kenyatta congratulated President Xi for his leadership in advocating for rule-based global trade, noting that the CIIE is a great opportunity to enhance China-Africa relationship and Kenya is part of the Belt and Road Initiative.

It is the strong partnership between China and Kenya that made the historic Mombasa-Nairobi Standard Gauge Railway a reality in Kenya, Kenyatta said, adding that Kenya’s natural port in Mombasa is now connected to the hinterland by the standard gauge railway.

Egyptian Prime Minister Mostafa Madbouly expressed that Egypt recognizes the strategic importance of this expo, and believes that this expo will bring real opportunities for trade and investment cooperation between China and Egypt.

Egypt is among the first group of countries to sign the Memorandum of Understanding with China on Belt and Road cooperation, said Madbouly, noting that Egypt takes very seriously the mechanism of the Belt and Road Initiative and will work together with China to strengthen bilateral investment cooperation within the framework of the Belt and Road Initiative.

Hungary is the first European country to sign the Memorandum of Understanding on jointly building the Belt and Road Initiative, Hungarian Prime Minister Viktor Orban noted.

Chinese companies’ investments in Hungary have contributed to the high employment rate of Hungary and played a significant role in helping Hungary to achieve a relatively high economic growth.

In addition, Hungary has the highest export figures to China among central European countries. Its products of mechanical, pharmaceutical, and food industries are gaining larger and larger shares in the Chinese market, Orban added.

As the Belt and Road Initiative gives shape to a global community of shared interests, this expo will help spread dividends of free trade among more closely integrated economies, noted Pakistani Prime Minister Imran Khan in his speech at the opening ceremony of the first CIIE.

“President Xi has said on many occasions that China’s door of opening-up will not be closed, and will only open ever wider,” Khan said that he took great comfort in President Xi’s statement.

Russian Prime Minister Dmitry Medvedev expressed in his speech that China is one of Russia’s most important partners. Russia appreciates China’s proposition to seek mutually beneficial cooperation, which will benefit all the stakeholders.

Medvedev also noted that in recent years, China has become not only a global producer of industrial goods, but also a giant consumer market.

Vietnamese Prime Minister Nguyen Xuan Phuc noted in his remarks that over the past four decades, China has pursued reform and opening up and actively proposed and implemented a wide range of cooperation initiatives to advance regional economic integration and connectivity.

Vietnam highly appreciates China for its host of the first International Import Expo, which embodies the philosophy of win-win and mutually beneficial cooperation, and promotes economic and trade cooperation, expressed Phuc, adding that the expo will be a strong drive for regional and economic growth.

Quick tour of the seven exhibition areas of CIIE

The exhibition booth prepared by Australian cosmetics enterprises. (Photo/ Li Yi from People’s Daily)

On the first day of the China International Import Expo (CIIE), companies from all over the world displayed their advanced products and businesses. There are seven different exhibition areas showcasing products and services.

High-end Intelligent Equipment Exhibition Area

How to realize intelligence and automation on the production and manufacturing sites? The over 30,000-square meter-exhibition area of high-end intelligent equipment at the ongoing first China International Import Expo (CIIE) has offered diverse solutions to the question.

In this exhibition area of cutting-edge scientific and technological achievements, more than 400 enterprises including General Electric, DuPont, Mitsubishi Electric, Microsoft, and Dell catch people’s eyes with a variety of ingenious creations in fields such as new energy equipment, industrial automation and robotics, and aerospace technologies and equipment.

A man shakes hands with the SCHUNK SVH five-finger machine hand. (People’s Daily/Huang Fahong)

Trade in Services Exhibition Area

The eye-catching entrance to the exhibition area of trade in services gains a lot of attention. With just a touch of finger on the large LED screen, visitors can see photos and read explanations about 100 antique collections in the Palace Museum of China.

It is a culture-themed project jointly launched by Google and the Palace Museum, which displays a precious collection of 100 antiques in the Palace Museum such as potteries, paintings and works of calligraphy, bronze wares, and objects decorated with enamel.

Besides, many leading corporations gathered in the area, including financial institutions such as Standard Chartered Bank and Oversea-Chinese Banking Corporation , accounting firms like Deloitte Touche Tohmatsu and Ernst & Young, inspection and certification agencies such as Bureau Veritas from France and Underwriters Laboratories from the US, and DHL from the logistics industry.

This exhibition area doesn’t sell products, but offers people with various services and solutions.

Medical Equipment & Health Care Products Exhibiton Area

The world’s smallest cardiac pacemaker, thinnest blood pressure monitor, fastest immunoassay analyzer, first nuclear magnetic resonance imaging instrument for infants and children, various sophisticated products appeared in the exhibition area of medical equipment and health care products.

As scientific and technological research products are most concentrated, this area has attracted nearly 300 companies from 51 countries around the world.

Food & Agricultural Products Exhibition Area

In the exhibition area of food and agricultural products, guides from Ghana showed the specialties they brought to reporters, saying that Ghana’s chocolate is not only delicious, but can stand relatively high temperature. The chocolate won’t melt even if held in hands.

The manager of a Ghanaian cocoa processing company said that they have brought a variety of chocolate and cocoa products to the Expo. Apart from looking for agents, they are also planning to cooperate with Chinese e-commerce companies. In the near future, Chinese consumers can buy Ghanaian chocolate without leaving home, added the manager.

Special ham attracts visitors to the Spanish booth. (People’s Daily/Han Xiaoming)

The CIIE provides a platform for nearly 2,000 companies from over 100 countries in the exhibition area of food and agricultural products. The exhibits range from organic and healthy local products to processed goods produced with modern technologies, including dairy, meat, aquatic products, vegetable and fruit, as well as tea and coffee, etc.

Apparel, Accessories & Consumer Goods Exhibition Area

The exhibition booth of diamonds and gems is no doubt the “most expensive” part of apparel, accessories and consumer goods exhibition. The extra security checks for them demonstrate how “valuable” they are.

Twelve Polish Jewelry companies have brought their most precious jewelries to the Expo. According to Mariusz Gliwiński, the vice-president of the International Amber Association, Poland accounts for 70 percent of the world’s production in amber, while 50 percent of the world’s amber products are consumed in China, which is a huge market for Poland.

Consumer Electronics & Home Appliances Exhibition Area

What will our homes look like in the future? The consumer electronics and appliances exhibition area at the first CIIE might have just given you an answer.

At the exhibition booths in the nearly 10,000-square meter-area, more than 90 enterprises from 15 countries and regions displayed their most advanced creations in multiple fields, such as mobile devices, smart home, smart household appliances and video games.

Automobiles Exhibition Area

China is the world’s fastest-growing market with the largest demand for automobiles. , More than one million cars are imported into China each year, with the sales exceeding $45 billion.

The first CIIE has attracted 68 automobile companies from 17 countries, most of which are world-famous manufacturers. The firms have brought their most treasured products to the event to catch the eyes of Chinese buyers.

New energy vehicle is a key development area for the automobile industry. Honda is showcasing its latest hydrogen fuel-cell vehicle at the expo. An employee of Honda said that this model hasn’t been sold in China so far, and this expo offered Honda an opportunity to cooperate with Chinese partners to popularize hydrogen filling stations while looking for Chinese buyers, thus making efforts to build a cleaner world.

Ice drifting on the Heilongjiang River

Ice drifting on the Heilongjiang River

As the weather is getting colder in recent days, the Heilongjiang River, which serves as the border between the Russian Far East and northeastern China, is about to freeze.

On Nov. 6, in the Beiji village of Mohe, at the very northeast point of China’s Heilongjiang province, ice in various shapes are floating down the river, making for a picturesque scene.  ((Photo/People’s Daily Online)

China’s deepest undersea tunnel holes through

(Photo/People’s Daily Online)

On the morning of Nov. 6, China’s deepest undersea tunnel, part of the Qingdao Subway Line 1, was broken through in Qingdao, in east China’s Shandong province.

The tunnel is in a “V” shape with the deepest point about 88 meters below sea level. Each square centimeter of the tunnel bears a hydraulic pressure of at least 8.8 kilograms, which means the tunnel must take the weight of 300 cars every time it’s extended by one meter.

The 8.1-kilometer tunnel is also the longest undersea subway tunnel in China.

(Photo/People’s Daily Online)

(Photo/People’s Daily Online)

(Photo/People’s Daily Online)

Herdsmen in Xinjiang transfer livestock to winter pastures

(Photo/People’s Daily Online)

In early November, as snow fell over Zhaosu of Yili region in northwest China’s Xinjiang Uygur Autonomous Region, local herdsmen have begun to move their herds toward winter pastures to spend a warmer winter.

The white snow, the massive herds, the vast grassland, and the snowy mountains make for a beautiful scene.

(Photo/People’s Daily Online)

(Photo/People’s Daily Online)

(Photo/People’s Daily Online)

(Photo/People’s Daily Online)

(Photo/People’s Daily Online)

AI robot that can do makeups exhibited at CIIE

AI robot that can do makeups exhibited at CIIE

An AI robot displayed at the L’Oréal Paris exhibition booth during the inaugural China International Import Expo (CIIE) attracted much attention from many female visitors. The robot can do a makeup for someone in 5 minutes.

The CIIE kicked off in Shanghai on Nov. 5. More than 3,000 companies from over 130 countries and regions flocked to Shanghai to participate in the event.   (Photo/Chinanews.com)