Moldova invited to second China International Import Expo

The Moldovan wine did a qualitative jump on the Chinese market that in 2017 became the main platform for selling bottled wine by the value of exports from the Republic of Moldova and the second market by the traded volume, representatives of China’s Embassy in Chisinau stated on December 3 in an event held to present the results of the first China International Import Expo that took place in Shanghai during November 5 - 10, 2018, IPN reports.

The exhibition was conceived as a platform for facilitating the entry of goods from all over the world into the Chinese market as this contributes to the development of the world economy. This is the first exhibition of the kind in the world staged on the initiative and with the effort of the state, said Ambassador Zhang Yinghong. The exhibition will be mounted annually on an area of 300,000 square meters. This year the event involved over 3,600 companies that represented 172 countries and international commercial organizations. There were concluded transactions to the value of US$57.83 billion. According to the Chinese diplomat, the China International Import Expo became the largest commercial exhibition in the world at its first edition already.

The representatives of China’s Embassy said the pavilion “Food and Agricultural Products” that displayed mainly Moldova’s export potential was among the most visited ones. Transactions to the value of over US$ 12 billion were agreed on that area. As to Moldova’s export capacities, Ambassador Zhang Yinghong said Moldova is a kingdom of wine that is internationally known for its cellars, but the country also grows fruit and vegetables, produces industrial goods and provides tourist and other services that deserve to be presented abroad so as to attract investments.

The presentation at the Embassy of China involved representatives of Moldovan wine companies and companies operating in other areas and officials from ministries and agencies in charge of the economic sector. Mihai Bâlba, vice president of the Chamber of Trade and Industry, said that regrettably the participation by Moldovan producers in the first China International Import Expo didn’t display the whole potential, but the authorities will take measures for Moldova to take part in the second exhibition in 2019 with a collective stand of Moldovan products with a competitive potential on the Chinese market.

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