Copyright 2024 - Ningbo Life / Ningbo Expat

3 Ningbo enterprises won "Product Innovation Award"

at the opening of the China Fair in Shanghai

Currently, the global economic recovery still faces various challenges, with weak growth in international trade and investment, and impacted global industrial and supply chains. Under the new situation, how to better utilize trade digitization and regain the "new advantages" of foreign trade competition has become a heated issue. Yesterday morning, the 31st China Fair officially opened in Shanghai. The organizers have cancelled the traditional opening ceremony and replaced it with a forum on "Foreign Trade Development and New Patterns".

According to the organizing committee, the forum has been a "new ceremony" for the opening of the China International Trade Fair since the 27th session. The China International Trade Fair hopes to build an exchange platform for participating enterprises and foreign trade experts and scholars, jointly promoting the healthy development of China's export trade and assisting in the transformation and upgrading of China's manufacturing industry.

At the opening ceremony, the organizing committee specially set up a licensing ceremony to award the "China Fair Product Innovation Award" to a group of foreign trade brands with strong brand reputation, strong technology, good service, and excellent quality that emerged from participating enterprises in various regions. Among them, 3 Ningbo enterprises, Ningbo Shengtai Garden Furniture Products Co., Ltd., Ningbo Sunstar Clothing Co., Ltd., and Ningbo Sanbang Daily Necessities Co., Ltd., were awarded this honor.

It is reported that the China International Trade Fair has set up an "Innovation Award" selection activity since the 22nd session, encouraging enterprises to increase product innovation, promote foreign trade transformation, and enhance brand building efforts. For many years, it has become a brand event at the China International Trade Fair and a powerful driving force for enhancing the visibility and value of foreign trade brands. This year's award evaluation event established the "China Fair Product Innovation Award". Through the evaluation and selection of various trading groups, 34 award-winning exhibitors were selected and announced at the opening forum.

Han Jun, Deputy Director of the Municipal Bureau of Commerce, represented the Ningbo Trading Group and was invited to present awards to relevant enterprises. Afterwards, in an interview with reporters, she pointed out that the Ningbo enterprises participating in the China International Fair accounted for 6% of the total number of participating enterprises. Many of them are first-time exhibitors hoping to use the "doorstep" exhibition to develop new customers and markets. There were also a large number of industry and trade integrated enterprises that deeply cultivated and took the path of "specialization, refinement, and novelty" development.

Since the beginning of this year, factors such as the severe and complex external environment and weak external demand have brought enormous challenges to foreign trade. However, under heavy pressure, Ningbo foreign trade enterprises actively adapt to changes, accelerate digital and green transformation, seize every opportunity to seize orders, and continue to show resilience in foreign trade. In May of this year, Ningbo’s import and export volume reached 111.37 billion yuan, up by 1.7% compared to the same period last year, breaking the 100 billion yuan mark for three consecutive months

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