Minhang firms seal purchase deals at CIIE
Eight companies from Minhang District signed purchase agreements with eight exhibitors at the second China International Import Expo on Wednesday.
The exhibitors represent the communications, automotive, medical, chemistry, logistics and supply chain industries. Many of them unveiled their latest technologies and products at the expo.
One of the exhibitors, Webasto, an automobile product manufacturer, brought their new roof module system to the expo. Another, Johnson and Johnson, released a number of new products from medical apparatuses to the cutting-edge intraocular lenses.
Lin Yi, director of the district’s trade and commerce bureau, said Minhang has organized 1,738 companies to take part in the expo, almost double the number of last year.
“This year we also focus on the food and medicine industries,” said Lin.
Meanwhile, more companies from Minhang are also taking the opportunity to showcase their products. Multinational company Kao, whose Chinese headquarters is located in the district, brought their new cosmetic products featuring superfine fiber technology.
Germany's Miji Electronics and Appliances, whose local headquarters is also in Minhang, displayed its latest heated dining table, the Star 5 Panarama. Designed to look like an ordinary table, it also features a heating element for cooking and serving food.
Lin said the expo has given the district another chance to boost its economic cooperation with foreign investment.
“From January to September this year, the contractual foreign investment in Minhang was US$ 2.78 billion,” said Lin. “Over 30 percent more than last year.”