(CIIE) Report highlights China's growing role as global import market
Xinhua ·
(CIIE) Report highlights China's growing role as global import market-
SHANGHAI, Nov. 5 (Xinhua) -- China is now both a global production hub and a key source of global demand, with a growing capacity to absorb goods from around the world, according to a report released on Thursday in Shanghai in east China.
The Export-to-China Capacity Development Report, designed to help other countries boost exports to China, debuted at the ninth Hongqiao International Economic Forum, held as part of the just-opened ninth China International Import Expo (CIIE).
As household incomes rise and consumption patterns shift toward higher-quality goods and services, China has considerable room to expand imports of premium products, advanced technologies and services, the report says.