|
Hangzhou city is opening the 11th West Lake International Expo Saturday, expecting a 10 billion yuan ($1.5 billion) trade volume, $1 billion capitals from abroad, and 12 billion yuan domestic investment, Hangzhou officials said at the press conference Friday.
West Lake International Expo consists of 48 events in a 22-day period, from Oct 17 to Nov 7. Up to 121 related events are all along this year.
The expo, for the first time, stepped into international level. A couple of events are solely prepared for international participants, such as International Sustainable Economy Industrialization Expo.
"The Expo is to attract over 10 million attendees. It is closely related to civilians, so as to encourage residents consumptions," said Huang Feng, the Expo Organizing Committee vice director and the expo spokesman, at the press conference. "Many of the attendees are travelling to Hangzhou bringing a large volume of consumptions too."
Many industrial forums and exhibitions are planned to finalize up to 10 billion yuan trade, according to Hangzhou officials' estimates. There are also overseas importers and foreign investors seeking opportunities.
"To meet your counterparts on a trade show is the most effective way," said Li, an exporter basing in Beijing, "We can observe and judge each other from the booths and profiles. It is reliable."
"Small and medium-sized enterprises (SMEs) may utilize the Expo as a platform, and proceed business through International SMEs Forum," Huang added.
West Lake Expo dates back to 1929. The annual modern expo starts from 2000. The fundamental objective is to let people, including those from abroad, know more about Hangzhou.
"The West Lake International Expo is now a shining name card for Hangzhou to attract business and solicit investment."said Ye Min, Hangzhou city's deputy secretary-general, and the Expo Organizing Committee director. |
