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November 7, 2017

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Sustained development key to grow

THE 19th China International Industry Fair will highlight sustainable development and international collaborations to boost the country’s industrial upgrading and Shanghai’s development into an innovation hub.

Being China’s highest-level international exhibition, the fair echoes the nation’s call to shift from rapid development to higher-quality development encompassing new technologies to spur China’s economic development, Shanghai Mayor Ying Yong said yesterday.

The fair will also act as a catalyst to boost Shanghai’s development into an international innovation hub as the world’s latest innovations in high-tech industries such as advanced machine tools, artificial intelligence and new energy will be highlighted, Ying said, adding that it will “provide a platform for collaborations among the world’s most advanced producers.”

The fair’s inauguration in Shanghai yesterday was attended by the local government and officials from the UK – the country of honor this year.

The UK has said it is ready to “broaden and deepen collaboration with China” and will hold a summit today at the “Made in China 2025” forum to further address its industrial collaboration with China.

Rona Fairhead, the UK minister for trade and export promotion, said the country is “a natural partner with China” to tap the new industrial revolution, especially in car manufacturing, aviation and new energy.

A total of 2,562 companies from 28 countries and regions will attend the fair held from tomorrow to Saturday at the National Exhibition and Convention Center. Over 160,000 visitors are set to attend the fair, according to the Shanghai Commission of Economy and Information Technology.




 

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