First license goes to Mongolia
An exhibitor from the Republic of Mongolia was presented with the first business license to be granted at the second China International Import Expo by Qingpu District's market watchdog on Tuesday.
The Mongolian National Chamber of Commerce and Industry authorized its Chinese representative to set up a business management company in the district, selling some 10 varieties of products including cashmere sweaters, leather bags, beer, sea buckthorn juice and rapeseed oil.
These products are the most representative commodities of Mongolia, said Dashnyam Gerelmaa, director of the chamber which comprises 10 Mongolian companies.
The company will become a window to showcase commodities from the Republic of Mongolia, she said.
The Qingpu District Administration for Market Regulation said authorities had started collecting registrations from exhibitors before the expo opened.
The company's registration material was submitted on Tuesday morning to authorities at an enterprise service area set up by market watchdogs at the expo venue, and the business license was issued in the afternoon.
The company's products will be shown at the expo’s regular display and trade platform, officials said.