BEIJING, NOVEMBER 5, ARMENPRESS. The 5th China International Import Expo (CIIE) kicked off in Shanghai on November 5.

President of China Xi Jinping delivered opening remarks, highlighting the importance of the exhibition aimed at further promoting the global cooperation.

“Openness is a key driving force behind the progress of human civilizations and an intrinsic path toward global prosperity and development. The world today is confronted with accelerated changes unseen in a century as well as a sluggish economic recovery. We should commit ourselves to openness to meet development challenges, foster synergy for cooperation, build the momentum of innovation, and deliver benefits to all. We should steadily advance economic globalization, enhance every country's dynamism of growth, and provide all nations with greater and fairer access to the fruits of development”, Xi Jinping said.

He stated that “China will work with all countries and all parties to share the opportunities in its vast market”. “We will establish pilot zones for Silk Road e-commerce cooperation and build national demonstration zones for innovative development of trade in services, so as to encourage innovation in trade and promote high-quality Belt and Road cooperation”, the Chinese President said.

“The CIIE has become a showcase of China’s new development paradigm, a platform for high-standard opening-up, and a public good for the whole world”, he stated.

Leaders of a number of countries also participated online in the official opening of the Expo.

The CIIE was held for the first time in 2018.

This year, the Expo is attended by 145 countries, as well as 284 companies that are on the Fortune 500 list or industry leaders. The Expo will close on November 10.

Photos by Varvara Hayrapetyan

Varvara Hayrapetyan