Latest news with #CEEC
Yahoo
26-05-2025
- Business
- Yahoo
The 4th China-CEEC Expo was Held in Ningbo
NINGBO, China, May 26, 2025 /PRNewswire/ -- The 4th China-CEEC Expo & International Consumer Goods Fair took place in Ningbo, Zhejiang Province, from May 22 to 25. The event brought together over 200 guests, including representatives from more than 40 cities across the 14 CEEC member countries of the China-CEEC cooperation mechanism, as well as mayors from over 30 cities in 16 Chinese provinces. Participants reached a consensus on strengthening cooperation between Chinese and CEEC cities in areas such as economic and trade cooperation, cultural heritage preservation, intercultural dialogue, urban governance, and green transition, all contributing to the advancement of China-CEEC relations. During the conference, many foreign mayors experienced the unique charm of Ningbo, a city recognized for its high level of civilization. Milan Zečević, Mayor of Brod Town in Bosnia and Herzegovina, said: "Ningbo is a large city. I understand it has nearly 10 million residents. I shared many photos and videos with my family, and they were all greatly impressed." Žarko Mićin, Mayor of Novi Sad in Serbia, also expressed his admiration for the rapid development and cultural richness of the ancient city of Ningbo. He stated, "This is my first visit to Ningbo. It is beautiful and highly developed, and we can learn a great deal from it. I have already observed the importance of robust infrastructure connections between cities. Ningbo boasts wide roads and excellent shipping capabilities. Hard work, dedication, and unity are qualities that define the Chinese people, and that is a formula our country should emulate." Ningbo, the historic starting point of the Maritime Silk Road, has long been a center for thriving cultural and economic exchanges. Since being awarded the title of "National Civilized City" in 2005, Ningbo has received the title for seven times by 2025. This Expo is more than just a convergence of food and art; it's a vibrant exchange of civilizations. The 4th China-CEEC Expo & International Consumer Goods Fair attracted more than 15,000 professional visitors, including over 3,000 overseas buyers from 72 countries and regions. Procurement intentions for imports from CEEC countries are projected to exceed 10 billion yuan. Photo - - View original content to download multimedia: SOURCE Ningbo International Communication Center
CairoScene
24-05-2025
- Business
- CairoScene
China Energy Commissions Region's Largest Solar Plant in Saudi Arabia
With a capacity of 2.6 GW, the Shuaibah Solar Power Plant is set to become the Middle East's largest renewable energy facility. China Energy Engineering Corporation (CEEC) has begun commissioning the Shuaibah Solar Power Plant near Jeddah, Saudi Arabia, which is planned to become the Middle East's largest solar energy facility. Once fully operational, the plant will boast a capacity of 2.6 gigawatts and is expected to generate over 282 billion kilowatt-hours of electricity during its 35-year lifespan—offsetting approximately 20 million tonnes of carbon dioxide emissions annually. The Shuaibah project is a joint initiative between CEEC, Saudi Arabia's ACWA Power, and the Water and Electricity Holding Company (Badeel), and is a cornerstone of Saudi Arabia's Vision 2030 strategy to diversify its energy portfolio and reduce reliance on fossil fuels. The facility will feature advanced photovoltaic technologies and integrated automation systems, establishing new technical benchmarks for large-scale renewable energy infrastructure in the region.
The Sun
24-05-2025
- Business
- The Sun
East China's trade hub Yuyao taps Central and Eastern European market with passion, innovation
YUYAO, CHINA - Media OutReach Newswire - 22 May 2025 - From May 22 to 25, the fourth China-Central and Eastern European Countries Expo & International Consumer Goods Fair will be held in Ningbo, a port city in Zhejiang Province, eastern China, according to the event's executive committee. The event showcases a series of collaborative projects between China and CEEC, highlighting the achievements in various sectors. A VR entertainment initiative co-developed by China and Hungary under the China-Central and Eastern European cooperation framework is featured at the expo, offering visitors an immersive experience in a magical forest while wearing VR goggles, allowing them to soar to colorful romantic islands on the back of a fairy's magic carpet. Zhang Mingming, general manager of the Ningbo Central and Eastern European Innovation Base, noted the all-encompassing support from the Central and Eastern European International Industrial Cooperation Park and the Yuyao Investment Promotion Center during the project's development. 'With their assistance, we connected with Ningbo Fantawild, established the project's operational base, and quickly completed business registration, site decoration, and contract negotiations, which earned us praise from the Hungarian side,' he said. As a major manufacturing hub and export-driven economy, Yuyao has long been a key player in Ningbo and Zhejiang's opening up to international markets. The city is home to the province's first Sino-Japanese joint venture and the China-Italy (Ningbo) Ecological Park, among other landmark projects. In 2020, the China-Central and Eastern European International Industrial Cooperation Park was officially established, becoming a crucial platform for enhancing economic cooperation with Central and Eastern Europe. In addition to the industrial cooperation park, numerous private enterprises in Yuyao are actively expanding their operations in Central and Eastern Europe. Several Yuyao-made products have already become part of consumers' lives in the region. For example, products developed by Zhejiang Biyi Electric Appliance Co., Ltd., including coffee machines and air fryers, have entered the markets of eight Central and Eastern European countries, with exports to the region up by nearly 90% in 2024. From January to April this year, the company's exports to the region increased by over 50% year on year. Similarly, Ningbo Fuda Intelligent Technology, has seen significant success in the Central and Eastern European market since entering Poland five years ago. The company has exported mobile air conditioners and dehumidifiers to five Central and Eastern European countries. 'Thanks to our years of dedicated development in the Central and Eastern European market, we have seen a surge in shipments since 2025, with sales increasing nearly 180% from January to April 2025,' said Fang Zhihao, deputy general manager of Fuda, emphasizing the market's vast potential. In late March, Ningbo organized a delegation of over 40 companies, including Biyi Electric Appliance and a local hot spring resort, to explore opportunities in Central and Eastern Europe. They attended the China-Hungary trade and investment matchmaking conference and visited various enterprises and institutions in Central and Eastern Europe to generate interest for the upcoming expo, according to the information office of Yuyao. Statistics from Yuyao customs showed that from January to April this year, the total value of imports and exports by private enterprises in Yuyao reached 30.27 billion yuan, a year-on-year increase of 18.3%, accounting for 80.3% of the city's foreign trade. More than 900 Yuyao businesses export to Central and Eastern Europe, with an export value of 1.88 billion yuan, up 24.1% from last year. The continued expansion of Yuyao enterprises in the Central and Eastern European markets is supported by a series of facilitative government measures. To assist local businesses in accelerating exports to Central and Eastern European countries, Yuyao customs has promoted self-printed certificates of origin, ensuring quick access for businesses. From January to April this year, Yuyao customs issued 539 certificates of origin for exported goods to Central and Eastern Europe, valued at 143 million yuan, representing year-on-year increases of 10% and 35.92%, respectively. Recognizing the region's abundance of specialized, innovative small- and medium-sized enterprises, Yuyao customs has leveraged its customs credit accreditation policies to establish a target list of 46 specialized 'little giant' enterprises, providing advanced certification policy guidance to five firms, successfully nurturing Fengmao Technology into a customs AEO (Authorized Economic Operator) certified enterprise. In March this year, Yuyao announced plans for 2025 to implement initiatives to nurture industrial leaders, facilitate industry upgrading, promote enterprise going-global and encourage private firms to lead overseas venture along Belt and Road countries, among others.
The Star
23-05-2025
- Business
- The Star
Xinhua Headlines: China-CEEC cooperation offers world certainty, confidence
NINGBO, May 23 (Xinhua) -- Having attended the China-CEEC Expo & International Consumer Goods Fair several times, Eugen Skermo firmly believes in the potential of the Chinese market and the vast opportunities it holds. "I'm here to find cooperation opportunities with Chinese companies," said Skermo, administrator of Morava Group, an Albania-based honey farm. The 4th China-CEEC Expo & International Consumer Goods Fair runs from Thursday to Sunday in Ningbo, east China's Zhejiang Province. It attracted 435 enterprises from 14 Central and Eastern European countries (CEEC) and nine other countries, including the UK, France, Germany and Italy, showcasing over 8,000 featured products. GROWING TRADE Responding to the call of "doing business in China" made by the Expo Group, an Albanian event service provider, Skermo is among a growing number of entrepreneurs stepping onto a fast track to tap into the world's second-largest consumer market. Fabian Dajcaj, CEO of the Expo Group, said his motivation to bring Albanian companies to China stemmed from his strong confidence in both Chinese products and the market. "The Chinese market is new for us," he added, emphasizing his focus on exploring more opportunities. Streamlined customs procedures have significantly improved efficiency, allowing Chinese consumers to enjoy a rich variety of products, from Polish beer and Latvian canned fish to Serbian dried plums. To facilitate the event in Ningbo, CEEC featured products were transported to China via an expedited channel. Ningbo Customs has implemented targeted measures to ensure the timely arrival of goods, including meat, dairy and artware. Data from China's customs showed that in 2024, China's trade with CEEC increased by 6.3 percent year on year to reach a record high of 142.3 billion U.S. dollars. Import deals worth over 10 billion yuan (about 1.39 billion U.S. dollars) are expected to be reached during the event. Increased transport links between the two regions, including more direct flights and China-Europe Railway Express services, have further facilitated trade. An "air corridor" linking Hangzhou, capital of Zhejiang Province, with Budapest, launched in 2023, has expanded from four to seven flights per week -- with weekly transport capacity reaching 500 tonnes. DEEPENING UNDERSTANDING Starting with a sip of Chinese tea, Vladimir Janjic, CEO of Volhof, a Serbian wine dealer, accepted an invitation from his Chinese friend to bring his Serbian products to China. For Janjic, China and CEEC share many similarities in terms of drinking cultures -- the key to unlocking the opportunities in the vibrant Chinese market. "Tea and wine are completely parallel," he said. By showcasing high-quality wines, he hopes to introduce the wine culture to more Chinese consumers and expand his business. The fair also serves as a vital platform for fostering mutual understanding between nations and markets, while promoting people-to-people exchanges. Julija Undrule-Lorenc, sales manager of Polish food company Foodwell, knows well how to maintain a foothold in the Chinese market. "Having a good product, we can find our niche," she said. Emphasizing the importance of market research, she aims to "understand the expectations of Chinese customers" by closely observing their purchasing patterns and dietary habits. BOOST FOR CHINA-EUROPE TIES "Friendship between China and the CEEC is enduring, and bilateral trade strengthens the human bonds between us," said Jia Ruixia, an associate professor at the Institute of European Studies, Chinese Academy of Social Sciences. CEEC play a pivotal role in promoting China-Europe relations, said Jia, adding that over 10 CEEC are EU members, which means that the China-CEEC trade boom will fuel the European economy as a whole. The year 2025 marks the 50th anniversary of the establishment of diplomatic relations between China and the EU, and the 13th anniversary of the establishment of the China-CEEC cooperation mechanism. With more deals, projects and policies set to be in place, China and CEEC are forging a partnership that is poised to offer more certainty and confidence for the development of the world. Sandra Bozic, vice president of the Vojvodina provincial government, Serbia, said "the economy is a prerequisite for exchange and development of relations in areas such as culture and tourism." She anticipates that the two nations will work together to further strengthen their "steel friendship." "European companies are positive about the long-term potential of the Chinese market," said Klaus Zenkel, vice president of the European Chamber of Commerce in China. "It is in the common interest of the EU and China to safeguard the global trading system that has brought so much growth and prosperity to both markets -- and to reject protectionism," he added.
Yahoo
23-05-2025
- Business
- Yahoo
New Visions for the Future: 4th China-CEEC Expo & International Consumer Goods Fair Kicks Off
NINGBO, China, May 23, 2025 /PRNewswire/ -- A news report from Ningbo External Communication Center: On May 22, the 4th China-Central and Eastern European Countries (CEEC) Expo & International Consumer Goods Fair opened in Ningbo, Zhejiang Province. With the theme "New Visions for the Future," the event attracted over 15,000 professional visitors from 72 countries and regions. Import purchase intentions from CEECs are expected to exceed 10 billion yuan. The 80,000-square-meter exhibition space is divided into two main sections: the CEEC exhibition zone and the export consumer goods zone. Covering 20,000 square meters, the CEEC zone features over 400 exhibitors showcasing more than 8,000 unique products, including Czech beer, Slovenian honey, Hungarian down products, and Slovenian ski gear. Meanwhile, the export consumer goods zone features over 1,000 Chinese enterprises presenting high-quality offerings such as consumer goods and smart technologies, giving global buyers an immersive technological showcase. During the Expo, a number of events such as business matching activities and intergovernmental exchange activities will be staged. Besides, conferences such as the China-CEEC Joint Chamber of Commerce Meeting and the 7th China-CEEC Dialogue on Customs, Inspection and Quarantine Cooperation will be held to deepen the alignment of rules. Another side event, the 2025 China-CEEC Mayors Forum, focuses on shaping a new paradigm of urban governance, and the China-Central and Eastern Europe International Regatta will set sail for promoting people-to-people exchanges. In addition, interactive activities such as the "Hi-Go" CEEC Product Shopping Festival will be held in an online-offline hybrid form. This year, Slovenia and Slovakia serve as the Guests of Honor. In addition to full participation from all 14 CEECs, exhibitors from nine other countries—including the UK, France and Germany—are attending the Expo for the first time. Moreover, institutions such as the World Bank, the European Union Chamber of Commerce in China, and world-renowned enterprises including Sanofi, Novartis, and Morgan Stanley have been invited to attend the event. Looking ahead, the Expo aims to unlock greater potential and expand the scope of cooperation. By promoting a regularized mechanism for exchanges and collaboration, it seeks to capitalize on new opportunities in industrial transformation and investment. View original content to download multimedia: SOURCE Ningbo External Communication Center Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
