China-South Asia Expo to bolster regional cooperation
Over 2,300 buyers invited this year to facilitate business deals at exhibition
Deepened partnership
After years of development, the expo has become an important platform for China and South Asian countries to carry out economic and trade cooperation and cultural exchanges, Li said, adding that the expo has played an important role and made positive contributions in the process of deepening mutually beneficial cooperation between China and South Asian countries.
The official said that friends from all walks of life at home and abroad are welcome to attend the event to build consensus on solidarity, cooperation and common development.
Chinese official data show that two-way trade volume between China and South Asian countries reached nearly $200 billion in 2023, twice the amount in 2013. During the seventh China-South Asia Expo held last year, 338 projects with a total investment value of about $56.1 billion were signed.
Li said the expo has served as a platform for policy exchanges aimed at expanding economic and trade cooperation between China and South Asia. It has also facilitated trade in goods and served as a platform for showcasing South Asian products eyeing the China market. "The expo enables more and more South Asian specialty products such as Sri Lankan black tea and Nepalese carpets to enter the Chinese market," Li added.
Since 2013, the expo has served more than 18,000 domestic and foreign companies, promoted trade of more than $100 billion and facilitated the signing of over 3,000 projects, Li said.
