Business · Trade · 4 hrs ago

APEC businesses showcase cross-border trade links at China import expo

APEC businesses showcase cross-border trade links at China import expo

At the ninth China International Import Expo in Shanghai, companies from Asia-Pacific economies showed how their businesses rely on cross-border links.

Micron said its chip production involves several stages, with its Xi’an plant handling packaging and testing.

The company has production and operations facilities in several APEC economies, and plans to invest about $24 billion in a new Singapore wafer-making project over 10 years.

MUJI displayed clothing made with hemp from Heilongjiang and plant-based dyes from other parts of China, showing how local materials feed into product development.

New Zealand dairy company Fonterra uses six application centres in China to develop foods suited to local tastes.

A Papua New Guinea business described a supply chain in which local farmers provide ingredients, Singapore handles logistics, Australia provides testing and storage, and China develops and processes products for export.

The expo highlighted how regional resources, manufacturing and markets work together, while giving businesses a place to meet suppliers and customers.

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What people are saying

Li Xueqingparticipating company representative
The import expo can help companies connect at lower cost with quality farmers, modern industries and broader markets.
via China News Service
Shimizu Yoshiharuglobal president of MUJI
Rich regional resources, mature manufacturing capabilities, and continuously innovative retail and marketing approaches provide conditions for MUJI to improve the entire process from development and production to communication with consumers.
via China News Service
Peter McBrideFonterra board chair
Asia-Pacific cooperation is related not only to Fonterra's business development, but is also important to New Zealand.
via China News Service