A visitor chats with an exhibitor of coffee industry during the 8th China-South Asia Expo in Kunming, capital of southwest China’s Yunnan Province, July 24, 2024. (Xinhua/Hu Chao)
The 8th China-South Asia Expo concluded Sunday, with more than eight billion yuan (about $112 million) worth of trade contracts signed, according to organizers.
During the event held in Kunming, capital of southwest China’s Yunnan Province, cumulative online and on-site sales exceeded 500 million yuan.
The six-day event featured 15 exhibition halls on themes including architectural technology, manufacturing, green energy and modern agriculture.
This year’s expo saw participation from 82 countries, regions and international organizations, with more than 2,000 companies. Nearly half of them came from overseas, covering all countries in South Asia and Southeast Asia.
The expo was first held in Kunming in 2013, the same year China launched the Belt and Road Initiative. Since its inception, the expo has benefited more than 18,000 Chinese and foreign enterprises, promoted trade of over $100 billion, and facilitated the signing of more than 3,000 projects.
Jointly organized by the Ministry of Commerce and the Yunnan provincial government, the expo is one of the most important events of the year for economic and trade exchanges between China and Southeast Asian countries.
According to official data, the trade volume between China and South Asian countries will reach about $200 billion in 2023, double the amount recorded in 2013.