CHINA-ECONOMY-CIIE
Visitors explore exhibition booths at the ninth China International Import Expo in Shanghai, which runs from Nov. 5 to 10 and has attracted a record 4,142 overseas exhibitors. (Xinhua) Jade GAO / AFP via Getty Images

China's ninth China International Import Expo has opened in Shanghai with a record 4,142 overseas exhibitors, underscoring Beijing's effort to present the country as a major destination for international goods and investment amid rising trade tensions and concerns over protectionism.

The event, which runs from Nov. 5 to 10 at the National Exhibition and Convention Center, has attracted companies from 148 countries and regions, according to Xinhua. More than 300 Fortune Global 500 companies and industry leaders are participating, while the total exhibition area exceeds 440,000 square meters.

Canada and Sri Lanka are this year's guest countries of honor. Exhibits span intelligent industry, information technology, consumer products, food and agricultural goods, automobiles, smart mobility, medical devices, healthcare products and trade in services.

More than 480 products, technologies and services are scheduled to make their global, Asian or Chinese debuts at the expo, the highest number in the event's history, according to an earlier Xinhua report carried by China's diplomatic mission. The innovation incubation section includes 633 projects from nearly 40 countries and regions, an increase of almost 20 percent from the previous edition.

Chinese Vice Premier Ding Xuexiang used the opening ceremony to call for greater cooperation to achieve more balanced trade. In his keynote address, Ding said countries should work together through greater market openness, deeper investment cooperation, innovation and the removal of trade barriers, according to Xinhua.

The message comes as China seeks to demonstrate that its large consumer market can provide opportunities for foreign producers, even as trade imbalances and geopolitical disputes remain major issues in the global economy.

China has remained the world's second-largest import market for 17 consecutive years, according to Xinhua. Its total imports exceeded 90 trillion yuan during the 2021-2025 period. Imports reached 16.7 trillion yuan in the first nine months of 2026, an increase of 22.3 percent year on year, representing the fastest growth since 2021, the report said.

The expo is intended to connect international suppliers with Chinese distributors, retailers, manufacturers and consumers. For foreign companies, the event offers an opportunity to introduce products, assess consumer demand and explore partnerships with local businesses. For Chinese buyers, it provides access to overseas brands, technologies and specialized goods.

The range of exhibits reflects the changing structure of Chinese consumption. Demand for premium food, healthcare products, cosmetics, outdoor leisure goods and advanced technology has become an important target for international companies seeking growth opportunities.

The presence of U.S. exhibitors is also notable. Their exhibition area exceeds 50,000 square meters, making the United States the largest national exhibitor for the eighth consecutive year, according to the event information cited by Xinhua. German, British and French companies are also among the leading participants.

The CIIE is being held immediately after the conclusion of the 140th Canton Fair in Guangzhou, which focuses more heavily on Chinese exports. The back-to-back events offer a contrast between China's role as a global manufacturing and export center and its ambitions to expand imports.

However, the expo's commercial significance will ultimately be measured by actual orders and long-term business relationships rather than attendance alone. Previous editions generated cumulative intended deals exceeding $580 billion, according to the official event report. Whether this year's exhibitors can translate introductions into sustained sales will depend on consumer demand, regulatory access and broader economic conditions.