DHAKA, Oct. 23 -- The upcoming China International Import Expo (CIIE) has been a big boon to revitalize the world economy, Bangladeshi experts said on Tuesday.
Experts here believed the mega expo in Shanghai is the most significant event which China has so far arranged because it demonstrates China's renewed determination to open its door wider for trade and investment amid the rise of protectionism.
They said the CIIE, to be held in Shanghai on Nov. 5-10, will open up enormous commercial opportunities fro participants from about 130 countries and regions, many of which have joined the China-proposed Belt and Road Initiative.
The Silk Road Economic Belt and the 21st Century Maritime Silk Road Initiative, proposed in 2013, aims to build a trade and infrastructure network connecting Asia with Europe and Africa along the ancient trade routes of the Silk Road.
Munshi Faiz Ahmad, chairman of the Bangladesh Institute of International and Strategic Studies (BIISS), said this is a clear manifestation of Beijing's commitment to holding out its arms open wide to the world.
"This expo is a significant move from the end of top Chinese leadership to facilitate countries and regions all over the world to bolster economic and trade cooperation," said the BIISS chairman.
He said this will surely help promote global trade and world economic growth in order to advance the development of an open world economy.
Citing a report released by the Chinese government, Ahmad said China had lifted more than 700 million people out of poverty through 40 years of reform and opening-up. Against this backdrop, the expo in Shanghai is aimed at firmly supporting trade liberalization and economic globalization and actively opening the Chinese market to the world.
Ahmad said he saw domestic consumption as the most important driver of the Chinese economy, as suggested by the supply-side reforms, adding that the Chinese economy has also "shifted from quantity to quality with a sharp rise in the number of middle-income Chinese."
"China acts timely to support the countries facing economic hurdles in the face of an increasing protectionist tendency," said the expert.
Experts here said China is sincere in its efforts to build the expo into a world-class one so as to promote world economy and global trade as well as to achieve common prosperity.
Khandaker Golam Moazzem, research director of Bangladesh's Center for Policy Dialogue (CPD), told Xinhua that traditional Chinese trade fairs emphasized on what Chinese firms could sell to the global markets.
But for the first time, he said, a special event is organized to tout foreign companies selling to China.
The researcher from Bangladesh's leading think tank said the CIIE, for the participants, is not merely an opportunity to have more market in China but also elsewhere in the world.
He said the expo will be a platform for countries like Bangladesh to seek new untapped opportunities in commerce by establishing trade links with many countries and regions along the Belt and Road routes.
Undoubtedly, he said, opportunities lie for all countries to revitalize their economies.
If the expo meets its goal as set by China, Moazzem said, all the countries of the world, especially those which joined the Belt and Road Initiative, will yield maximum benefits for their people.
"So far we understand this (event) will emerge as an alternative to the current (trade) platforms of the world."
《星战8》内地票房不敌《前任3》 中国观众原力为何没觉醒
全球气温升高2度 四分之一将变沙漠
How to Make Progress 如何进步
相逢不如错过?盘点那些被夸大的世界著名景点(组图)[1]
国际英语资讯:Catalan separatist parties agree to re-elect Puigdemont leader
体坛英语资讯:Sweet talking to Heynckes reflects Bayerns trouble finding a new coach
国内英语资讯:No large-scale oil spill found after east China coast vessel collision
国内英语资讯:China, France agree to inject new impetus into ties
国内英语资讯:Xi orders armed police to uphold CPCs absolute leadership
奥普拉要竞选总统?2020美国大选或上演电视明星PK赛
国内英语资讯:China hopes for more exchanges with Nordic, Baltic countries
国内英语资讯:China investigates 23 former senior officials in 2017
谷歌面临歧视保守派白人的诉讼案
国内英语资讯:China requires close monitoring on flu outbreak
实至名归!《使女的故事》女主荣获2018金球奖!
The dogs who safeguard our hearts 养狗能保护我们的心脏健康
体坛英语资讯:Coutinho presented as new Barcelona player
国际英语资讯:DPRK reopens military hotline with South Korea in west region
破产姐妹主角客串《生活大爆炸》!竟还有感情戏?
国内英语资讯:China to step up supervision over prosecutors
国际英语资讯:Mediterranean migrant arrivals reach 1,072 in first week of 2018, with 81 deaths: IOM
冰箱都能开始聊天了,三星这波设计666啊
体坛英语资讯:Zidane not backing down over need for signings
格莱美歌后克莱森金球奖现场“追星” stan到底啥意思?
国内英语资讯:6th Lancang-Mekong Cooperation Senior Officials Meeting paves way for Summit
The Value of Books 书籍的价值
国际英语资讯:News Analysis: Iran likely to contain protests, frustrate U.S. hopes: experts
体坛英语资讯:Nigeria optimistic of securing U-20 WC ticket: official
奥普拉要竞选总统?2020美国大选或上演电视明星PK赛
国际英语资讯:Irans top leader blames U.S., Israel for inciting recent unrests