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The 6th CAEXPO & The 6th CABIS News Briefing

Source:CAEXPO Secretariat   Time:2009-10-29 11:48:00

Business & Investment Summit (CABIS) was held by the event organizing committees in Nanning, Guangxi on October 19, 2009, where Mr. Zhang Chaomei, Vice Director General of the Trade Development Bureau of the Ministry of Commerce (MOFCOM) of China briefed on the information on the 6th CAEXPO and the 6th CABIS.


Other officials attending the news briefing conference included Mr. Okti Z. Maaruf, representative of the ASEAN Secretariat, and Mr. Nong Rong, Vice Secretary General of the CAEXPO Secretariat, etc. The conference was chaired by Mr. Shen Ming, Director of the Press Center of CAEXPO & CABIS Commanding Center, Vice Director General of the Publicity Department of the Communist Party of China (CPC) Guangxi Committee.


Mr. Zhang said, with the joint efforts pooled by all parties concerned, these two events have concluded with great success for 5 sessions respectively, building a platform for the China-ASEAN friendly exchanges, business promotion and bilateral cooperation in various fields, which fuels the construction of the China-ASEAN Free Trade Area (CAFTA) and gains sound outcomes. The CAEXPO not only focuses on the cooperation between China and ASEAN, but also opens to the countries beyond this region, which has promoted the exchanges between the China-ASEAN region as a whole with other economies, enhanced the influences of China and ASEAN, and created a huge market and enormous business opportunities that cover the 11 countries and beyond.


Mr. Zhang also said, as the 6th CAEXPO and the 6th CABIS are held against the backdrop that the CAFTA will be due established next year and the world is challenged by wide-spread financial crisis, as event Organizer has made deliberate arrangements to ensure smooth and fruitful participation of the fairgoers, and has adopted a series of new measures promptly, which includes extending the fair period, expanding exhibition scale, introducing the CAEXPO Financial Services Exhibition and the China-ASEAN Summit Forum on Financial Cooperation & Development as well as the CAEXPO Agricultural Exhibition, so as to help businesses to better share the CAFTA business opportunities and tide over the crisis. 4 highlights could be summarized on the event preparations: 


I. High-profiled participants, active participation of enterprises, a record number of booths for ASEAN


State leaders and ministerial officials of China and certain ASEAN countries including Cambodia, Lao PDR, Myanmar, the Philippines and Viet Nam, Secretary General of the ASEAN and representative of the United Nations Conference on Trade & Development will attend the 6th CAEXPO and the 6th CABIS, making the two events with high-profiled participants as always.
The 6th CAEXPO sets up 4 exhibition pavilions, namely, the Pavilion of Commodity Trade, the Pavilion of Investment Cooperation, the Pavilion of Advanced Technology and the Pavilion of Cities of Charm. Exhibitor inviting of the 6th CAEXPO is successful, which could be summarized as Two Growths, Two New Programs and Three Breakthroughs.


Two Growths: Growth of total booth number. A sub-venue is set up for the first time, increasing the total number of booths from 3,400 to 4,000, thus provide more opportunities for enterprises. The other growth is the number of booths used by ASEAN countries, up by 1.2% over last session. Trade visitors and investors at home and abroad show great enthusiasm for the CAEXPO, 6 ASEAN countries, namely, Indonesia, Lao PDR, Malaysia, Myanmar, Thailand and Viet Nam charter exhibition halls respectively for their Pavilions of Commodity Trade.


Two New Programs: CAEXPO Agricultural Exhibition sets up 600 booths, exhibiting agricultural materials, agro-based products, foodstuffs, agricultural enterprises, industrial parks, which has attracted many leading enterprises and brandnames. The Financial Services Exhibition accommodates 125 booths, arousing keen interests of many leading banks, insurance companies and financial service institutions of China and other countries.


Three Breakthroughs: The first breakthrough is that Chinese domestic city has chartered independent hall for the first time. Shenzhen, City of Charm of China this year, charters an exhibition hall for its own Pavilion of Electronics & Electrical Appliances, the first practice done by a Chinese domestic province/municipality at the CAEXPO. Another breakthrough is made in organizing exhibitors of the countries/regions beyond the China-ASEAN region. Those countries and regions show more enthusiasm for the event this year.


Apart from those that have participated in the event repeatedly, Hungary and Madagascar have made their participation for the first time. Thirdly, repeated participation scores a breakthrough. The number of repeated exhibiting enterprises increases by large margin compared to last year, evidencing the further enhanced market recognition of the CAEXPO, an event with increasing professionalism year on year.


II. More market-driven and business-friendly programs


The 6th CAEXPO strives to provide more business-friendly services with a series of new measures, so as to help enterprises to share the CAFTA business opportunities more effectively and address the financial crisis.


The fair period is extended from original 4 days to 5 days, with more time for business talks. Over 30 foreign sourcing groups have made registration currently, who come from the 10 ASEAN countries, the U.S., France, Spain, Japan, ROK, the United Arab Emirates, Australia, New Zealand, etc. India and Kazakhstan send sourcing groups for the first time. Over 80 such programs will be held during the 6th CAEXPO, including business networking programs, seminars, Exhibitors’ Rostrum, sourcing conference, project matching programs, theme forums, etc. with the total number doubling that of last year.


III A variety of concurrent theme forums to promote bilateral cooperation: The 6th CAEXPO spotlights the cooperation between Customs authorities and business community as its Theme of the Year, for which the China-ASEAN Customs-Business Cooperation Forum will be held concurrently. The 6th CABIS themes on “China-ASEAN Free Trade Area & ASEAN Integration: Cooperation for Common Development”, inviting state leaders of China and the ASEAN countries to deliver speeches. It makes innovations of its conference form, arranging, for the first time, a roundtable dialogue between state leaders and CEOs, as well as seminar of business leaders with the press. In addition, a dozen of themed forums and conferences on harbor/port cooperation, agriculture, finance, TV, legal affairs and medicine will be held at the same time, which will further enhance and enrich the China-ASEAN cooperation in these key fields.


IV. More considerate services to create a sound business environment: The 6th CAEXPO sets up more joint law enforcement teams that compose of industrial and commercial administration, quality control and urban administration authorities, which will make the on-site administration more professional. It has adopted a variety of business-friendly measures to ensure a sound environment for businesses.


The 6th CAEXPO catches wide attention in China and beyond, as a grand gathering of leading enterprises and business elites. CEOs of the Fortune 500 Enterprises, leading industrial players and officials of international investment promotion agencies will participate in the event, which has attracted over 1,000 reporters from media for news coverage.


 

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