The 2023 Conference on International Industrial Cooperation (Singapore) and China's Machinery & Electronics Show Attracts Attention and High-End "Made in China" Are Favored

The 2023 Conference on International Industrial Cooperation (Singapore) and China's Machinery & Electronics Show was successfully held at the Marina Bay Sands Convention and Exhibition Center in Singapore recently, attracting much attention at home and abroad. This was also the first high-profile, large-scale China trade and investment promotion activities in Singapore since the COVID-19 pandemic.

 

With the theme of "green development, digital empowerment, land-sea trade corridor, SDG finance and intelligent manufacturing", this event reflects the important direction of high-quality development of economic and trade cooperation between China and Singapore as well as Regional Comprehensive Economic Partnership (RCEP) countries.

 

The event was jointly hosted by the China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) and the Singapore Chinese Chamber of Commerce & Industry (SCCCI). During the 2-day forum and 3-day brand exhibition, more than 600 representatives from relevant international organizations, industry associations, financial institutions and enterprises attended, 133 Chinese enterprises participated and more than 5,000 professional buyers visited the exhibition.

 

The exhibition is full of surprises and builds a platform for international cooperation

 

The 2023 Conference on International Industrial Cooperation adopts a combination of "conference + exhibition" to showcase the characteristics of "bilateral + multilateral" international platform. And through the integration of "SOEs + private enterprises and building a high-level opening platform of "going out + bring in", it aims to serve enterprises in China and Singapore, the RCEP region and countries along the "Belt and Road" to match business opportunities and cooperation, so as to achieve complementary advantages and win-win cooperation.

 

The 2023 Conference on International Industrial Cooperation provides a platform to gain a deeper understanding of China's real economy and manufacturing industry, and hoped that all sectors can seize the opportunity to facilitate cooperation, Chinese Ambassador to Singapore Sun Haiyan said.

 

 

Chen Shenghui, Minister of Ministry of Trade and Industry Singapore said that Singapore and China, as well as enterprises in the RCEP region, can develop closer business cooperation through this event, and that the Singapore and Chinese governments will work hard to provide support and favorable environment, hoping that enterprises from both sides can work hard to explore new opportunities.

 

Zhang Yujing, President of China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME), introduced that this conference has been carefully prepared for more than two years, trying to create an open, practical and high-end international exchange platform through forums, exhibitions, investment promotion, business matching and so on.

 

The event is not only to drive large-scale engineering projects and high-end manufacturing achievements "go out", but also to demonstrate China's determination to open up to the world at a high level, to share with the world the development opportunities of the Chinese market, to bring in more quality production factors and resources from abroad, and to deeply participate in the global industrial division of labor and cooperation, Zheng Chao, executive vice president of CCCME and chairman of the expert committee, said.

 

The exhibition marked a breakthrough in promoting innovation, cooperation and win-win results, indicating that cooperation between Singapore and China has reached a new peak, said Kho Choon Keng, president of the Singapore Chinese Chamber of Commerce and Industry.

 

Chinese enterprises group launch out to create new opportunities with

overseas enterprises

 

The event's brand exhibition attracted more than ten SOEs such as  China State Construction Engineering Corporation (CSCEC), China Communications Construction Company Limited, China National Chemical Engineering Group Corporation Limited, Power Construction Corporation Of China (POWER CHINA), and China Energy Engineering Group Co., Ltd.(ENERGY CHINA). Meanwhile, leading enterprises such as Haier and Ecovacs in the home appliance industry, JA, LONGi Green Energy, CHINT, Wolong and Garcia in the electric power new energy industry, as well as well-known enterprises in the intelligent manufacturing wisdom solution industry such as Guangzhou Industrial Investment Holdings Group, Lingdu and Uniorange, and more than 100 SMEs with various industry characteristics also attended the exhibition.

 

The China's Machinery and Electronics Show (Singapore) set up four exhibition zones of infrastructure, home appliances and electronics, electric power and new energy, and industrial machinery at the show, with a total of 431 exhibition booths and covering an area of more than 8,000 square meters. The exhibition aims to be a cooperative window to showcase China's high-end manufacturing development and foreign investment cooperation, promote trade and investment among RCEP member countries, and develop international cooperation in the whole industry chain.

 

It is reported that a number of enterprises are exhibiting abroad for the first time since the epidemic, hoping to enhance trade ties with the RCEP region and economies along the "Belt and Road" through international industrial cooperation platforms to further stabilize market share and enhance risk resistance.

 

China General Technology (Group) Holding Co., Ltd. exhibited as a Chinese machine tool enterprise and received wide attention from all walks of life. This is also the first time after the epidemic that the company organized its segment enterprises to participate in international exhibitions outside of China. On the opening day of the exhibition, General Technology Group machine tool segment enterprises signed orders with agents in many countries and signed strategic cooperation agreements with agents in Vietnam.

 

China Railway Hi-tech Industry Corporation Limited showcased its latest technologies and products at the exhibition, including high speed magnetic levitation turnouts, 1000-ton bridge erecting machinery and boom-type roadheader, as well as the projects it has participated in, such as the steel bridge of China-Laos Railway and Padma Bridge in Bangladesh. Zhang Wei, vice chairman of the company, said that in recent years, with the establishment of regional representative offices in Asia Pacific, Asia and Africa, Europe and America, the company has accelerated the pace of internationalization. "While promoting the company's overseas business and enhancing its brand benefits, it has also effectively integrated into and promoted the economic and social development of the host countries."

 

China Railway Construction Heavy Industry Group Co., Ltd exhibited more than 10 kinds of underground engineering equipment and rail transportation equipment products such as the largest domestic diameter EPB Shield machine "Jinxiu", three-arm rock drilling jumbo and tunnel lined platform car. Liu Dan, deputy general manager of the company, said he hoped to better complement supply and demand and dovetail resources with Singapore and other ASEAN and RCEP countries through this conference, further expand overseas markets and enhance the influence and voice of enterprises in the global high-end underground machinery field.

 

The Mifi MU5120, the industry's first 10,000mAh large battery capacity, displayed by ZTE also drew wide attention from the attendees. Liu Jian, senior vice president of the company, believes that the conference provides a high-quality foreign economic and trade exchange and cooperation platform for Chinese enterprises to go abroad, which is conducive to relevant enterprises to strengthen interaction and communication with RCEP regional partners and find win-win opportunities.

 

And, the exhibition attracted customers from Singapore, Indonesia, Malaysia and other countries. Overseas customers shows great interest in the business and equipment of Chinese enterprises in "carbon capture", "clean energy", "smart agriculture", "high speed rail and bridge construction lifting and transporting equipment", "smart home", etc. They showed great interest in the business and equipment of Chinese companies in "carbon capture", "clean energy", "smart agriculture", "high speed rail and bridge construction lifting and transportation equipment", "smart home", etc.

 

 the demand for clean energy and carbon capture investment and technology is getting stronger and stronger as the construction of "Belt and Road" progresses.

Xinghua Gao, Chairmanof Jiangsu Fitch Environmental Group Co., Ltd. believes that As the "Belt and Road" construction progresses, the demand for clean energy and carbon capture investment and technology is growing.

 

Concerted efforts to "grab orders"

In order to let more overseas enterprises understand China's development environment, investment environment and key projects, enterprises from Shandong, Fujian, Guizhou, Beijing, Henan, Chongqing, Zhuhai, Yuyao and other Chinese provinces and cities exhibited and communicated with RCEP regional participating enterprises and professional buyers to learn from international advanced experience, enhance sustainable development capacity, dock business opportunities, sign orders and expand markets.

 

As a major import and export province of Chinese machinery & electronics products, the Department of Commerce of Shandong Province organized more than 30 exhibitors such as Haier, Zichai Power and Dongying Cospower, covering electronic home appliances, intelligent machinery, new energy and other fields. Haier showed the complete set of solutions for smart home, as well as the latest high-end sets of international high-end home appliance brand Casarte: Connoisseur Series and Light Year Series.

 

The Department of Commerce of Fujian Province organized a number of exhibitors, including NEWLAND, Fujian Star-Net communication, Able Electric (Ningde) and Skytimes. The exhibits covered fields including wearable devices, intelligent panels, face recognition, battery energy storage, power generation equipment, motor-driven water pump, intelligent healthcare.

 

The delegation of Guizhou organized 30 enterprises to participate in the show, exhibiting more than 80 categories like unmanned emergency rescue equipment, aerospace electrical and electronic components, Eastern Data And Western Computing Lcos chips, which deepened the mutual understanding between Guizhou and the participated countries and promoted cooperation intentions.

 

Henan Province's Commerce Department organized the China Railway Engineering Equipment Group, China Lucky Film Corporation (Lekai Group), Feilong Auto Components, Wolong Electric Group and other 13 provincial backbone foreign trade enterprises gathered in Singapore, around the goal of "expand the market, grab orders, stable the share", and actively participate in various trade promotion and business docking activities.

 

"The trip was very rewarding and worthwhile!" Li Gang, chairman of Chongqing Ducheng Rongfeng Machinery Manufacturing Co., Ltd. said. It is reported that the exhibition attracted a total of six Chongqing enterprises to participate. This is also an important part of Chongqing's "100 groups and thousands of enterprises" international market development action of Singapore Indonesia station activities. The Chongqing Import and Export Chamber of Commerce said that during the exhibition, Chongqing enterprises visited about 1,200 customers at the exhibition area, 12 cooperation intentions were confirmed. And the Singapore Chinese Chamber of Commerce and Industry and other new business associations have confirmed that a number of delegations will go to Chongqing to dock substantive cooperation.

 

Guangdong Zhuhai organized a total of 35 enterprises with nearly 60 exhibitors to promote Zhuhai's regional brands, help enterprises to dock with overseas market resources and grab orders to stabilize foreign trade.

 

Zhejiang Yuyao is one of the production bases for exporting home appliances in China. Business Bureau of Yuyao City organized 11 leading home appliance enterprises such as Ningbo Fujia Industrial, Zhejiang Biyi Electric Appliance and Ningbo Haiji Electric appliance to exhibit to expand overseas markets.