Latest news with #Linyi
Malay Mail
18 hours ago
- Business
- Malay Mail
RCEP expo in Linyi boosts trade, cooperation and development
LINYI, CHINA - Media OutReach Newswire - 27 June 2025 - The 4th RCEP (Shandong) Import Expo, which kicked off on June 27 in Linyi, Shandong province. The ongoing expo features 348 participating enterprises from 66 countries and regions such as Cambodia, Malaysia, South Korea, and Japan, showcasing cutting-edge technologies and innovative a total exhibition area of 35,000 square meters and 1,200 international standard booths, the event attracted 15,000 visitors on its opening day. Notable participants include 179 companies from the RCEP region, 51 countries involved in the Belt and Road Initiative, and various international associations, fostering efficient business connections on a global expo also introduces new segments like the smart technology zone and multinational corporations area, highlighting leading tech firms such as Tesla and Unitree Robotics, which produces humanoid robots, alongside Global Fortune 500 companies like CP Group and Amazon. This platform serves as a nexus for unveiling the latest industry trends and showcasing advanced manufacturing capabilities worldwide."I've been really impressed by Linyi's business environment and especially its logistics system — it's very advanced. Under the RCEP framework, I think Linyi has a lot of potential to serve as a key link between China and Southeast Asia," said Princess Norodom Jenna, member of the Cambodian Royal Family, during the ongoing expo."I hope to see more collaboration between Linyi and Cambodia, especially in areas like specialty trade and e-commerce. It would be great to bring more Cambodian products here to Linyi, and at the same time, help Linyi's goods reach Cambodia through the BRI," added Princess Jenna."Linyi boasts well-developed infrastructure, leaving a lasting impression with its high-quality roads and buildings. Known for its excellent logistics system, Linyi offers picturesque scenery and warm hospitality. Attending the exhibition today, I've brought our East Malaysian products including bird's nest, pepper, and palm sugar," said Tan Kai, chairman of the Padawan Municipal Council and mayor of Padawan in added that this expo showcases an incredible population diversity, with a vast number of booths creating a bustling recent years, Linyi has enjoyed strong economic growth alongside RCEP member states. According to official statistics, in 2024, the city's trade with RCEP member countries amounted to 78.65 billion yuan ($10.95 billion), an increase of 9.7 percent year-on-year, accounting for 46.5 percent of the city's total imports and #Linyi #RCEP The issuer is solely responsible for the content of this announcement.
Malay Mail
4 days ago
- Business
- Malay Mail
Linyi to explore business opportunities at RCEP expo
LINYI, CHINA - Media OutReach Newswire - 24 June 2025 - The 4th RCEP (Shandong) Import Expo will be held in Linyi, Shandong, from June 27 to 29. This year's event focuses on high-quality imported goods and trade connections, with over 300 enterprises participating, emphasizing elements unique to one of the important platforms themed on the achievements of Linyi's opening-up to the outside world, the expo features 11 indoor exhibition areas and one multifunctional area, covering an exhibition area of 35,000 square meters with 1,200 international standard multiple professional market exhibition areas will be set up at the Linyi International Market Center and Lanhua Imported Commodity City. During the expo, a series of activities will take place, including an opening ceremony, a roadshow for the 8th CIIE, guest country promotion events, the International Friendship Cities gathering, and "Invest in Linyi" industry matchmaking session – all aimed at enhancing the expo's international presence and professional date, seven sister cities from abroad have confirmed their participation in the expo, along with 20 foreign trade associations and 333 exhibiting enterprises. Among them are 183 enterprises from RCEP countries, 55 from countries involved in the Belt and Road Initiative, and 11 Fortune Global 500 21 exhibiting enterprises from the 8th CIIE are forming groups for the event. During the exhibition, a RCEP economic and trade cooperation negotiation zone will be established to facilitate the establishment of regional procurement centers in Linyi for participating companies like Metro and event will also host an international investment cooperation exchange to attract foreign investment projects, promoting the transformation of exhibitors into investors. Simultaneously, local enterprises will connect international buyers to showcase their advantageous products such as hardware tools and textiles, promoting the internationalization of "Made in Linyi" 2021, the RCEP expo has been held three times, with a total exhibition area of 95,600 sq m. It has attracted over 700 companies from more than 60 countries and regions, with a cumulative attendance of 130,000 people, generating significant economic and social recent years, Linyi has enjoyed mutually beneficial economic growth with RCEP member states. According to statistics from Linyi Customs, in 2024, the city's trade with RCEP member countries amounted to 78.65 billion yuan ($10.95 billion), an increase of 9.7 percent year-on-year, accounting for 46.5 percent of the city's total imports and #Linyi #RCEP The issuer is solely responsible for the content of this announcement.
Yahoo
21-05-2025
- Business
- Yahoo
Linyi strengthens trade ties through BRI
LINYI, China, May 21, 2025 (GLOBE NEWSWIRE) -- A Linyi-Turkey economic and trade matchmaking conference was held in Istanbul, Turkey, on May 20, which hosted about 60 Turkish professional buyers for direct interactions and established a platform for direct contact between buyers and Linyi enterprises. According to official data, in 2024, the total import and export volume between Linyi and Turkey reached 1.75 billion yuan ($242.38 million). Seizing the opportunities for cooperation under the Belt and Road Initiative (BRI), Linyi has been deepening and solidifying its cooperation with Central Asian countries in various areas. A Linyi-Uzbekistan economic and trade fair was held in Tashkent, Uzbekistan, from May 11 to 13, where 50 outstanding companies from Linyi showcased their products in the heart of Central Asia. During the exhibition, a liaison office of the Linyi Wholesale Merchant Federation in Uzbekistan was established, marking the start of a new institutionalized stage of cooperation between the two regions. On May 16, the Asia-Europe Toys & Baby Industry Expo and the Foreign Trade Factory Exhibition opened in Khorgos. Over 500 companies gathered to showcase the latest achievements and cutting-edge trends in toys, baby products, educational products, and more, providing an efficient platform for commercial matchmaking and exchange in the industry. From May 15 to 17, the 2nd China (Linyi) - Kazakhstan International Commodity Exhibition took place in Almaty, Kazakhstan. It had an exhibition area of 2,000 square meters, and 112 premium product enterprises from Linyi displayed their high-quality products. "This exhibition serves as an important platform for strengthening cooperation between the two regions. In recent years, China and Kazakhstan have achieved strong results under the BRI. Linyi is renowned as a city of commodities and the 'Logistics Capital of China', playing an important role in cooperation between China and Kazakhstan, especially in foreign trade," said Jiang Wei, consul general of China in Almaty, Kazakhstan. Linyi, the logistics capital of China, boasts 131 specialized wholesale markets, making it the largest market cluster in China and a renowned city of markets. According to statistics, in 2024, more than 2,000 companies from Linyi ventured abroad to engage in economic and trade exchanges in regions such as the Middle East, Central Asia, and Southeast Asia. The city's total exports to BRI markets reached 115 billion yuan. CONTACT: Contacts: Linyi government Xie Zhenzhen 627845109@
