China rose to economic superpower on the might of its manufacturing. Now, as the country takes a turn toward innovation, it’s declaring itself open to a wider consumer market for imports.
Calling it a “win-win” strategy for development, Chinese President Xi Jinping laid out China’s priorities in a keynote speech welcoming thousands of companies to Shanghai for the first ever China International Import Expo.
To discuss China’s move toward innovation:
- Chen Chenchen is deputy director of macroeconomics at Renmin University.
- Rui Ma is a Chinese investor and contributor and advisor to PanDaily.com.
- Zekarias Amsalu is the founder and managing director of Ibex Frontier, a firm focused on investment in Africa.
- Philippe Monnier is an international business executive and board member of the Augmented Reality company, WayRay.
With preferential policies such as exemption of participation fees, least developed countries grab a "golden opportunity" despite fierce global competition at the China International Import Expo #CIIE https://t.co/Yd0soFjkYh pic.twitter.com/DACvqDvUsc
— China Xinhua News (@XHNews) November 9, 2018
— ShanghaiEye (@ShanghaiEye) November 4, 2018
— People's Daily,China (@PDChina) November 9, 2018