The 12th China (Henan) International Investment and Trade Fair (CHIITF) was held in Zhengzhou, Central China, on 17-19 April, 2018. For the second year in a row, ACOLINK LTD had the pleasure and honour of being invited by China (Henan) Department of Commerce to participate.
Hosted in Henan’s provincial capital, Zhengzhou, CHIITF have a motto of Openness, Innovation, Cooperation and the Win-Win Goal. It was greatly supported by its hosts and sponsors: the People’s Government of Henan, China’s Ministry of Commerce, the China Council for the Promotion of International Trade (CCPIT) and the Chinese People’s Associations for Friendship with Foreign Countries.
CHIITF is a multi-trade forum focused on international investment collaboration. In 2017, attendees included delegates from UNESCO, renowned enterprise representatives, and 60 of China’s foreign embassies. With hopes of topping the 319 projects closed and RMB 355.8 billion yuan investment total from last year, in 2018 CHIITF hosted 500 groups from 80 countries, and 30,000 merchants from an array of sectors.
Germany was 2018’s Guest of Honour, after Great Britain. In 2017, ACOLINK – as a business platform facilitating export routes to China through a robust network of channels and strategic partners – was the only Northern UK business to attend. We have since signed a partnership with a Chinese logistics company, enabling us to provide unique, full-scale supply chain solutions. It grants us full access to a highly revered bonded warehousing facility strategically located in Zhengzhou Airport Economic Zone.
Henan is an important part of the Belt and Road Initiative, especially as a regional platform elevating China as a centre for economic trade and cultural exchange. Zhengzhou’s central China location is a fast-growing, multi-mode transportation hub. Its two-hour high-speed rail economic circle covers a radius of 500 km, a population of 408 million, and nearly one third of the economy, whereas its two-hour air transport operations cover 90% of the total population and more than 95% of China’s economy.
By focusing on Zhengzhou and its exemplary transport and logistics system we at ACOLINK have the strategic advantage of creating more unique trading opportunities for UK brands. Henan’s Xinzheng Comprehensive Bonded Zone is first in China for trade volume and cross-border e-commerce; enabling fast customs clearance (500 applications per second), and tax duties due only after products are sold and dispatched.
In November, 2017, ACOLINK also partnered with an agency of China’s Ministry of Commerce to represent the facilitation of international trade and investment opportunities. Now, we are once more invited to Zhengzhou, represented by our CEO Anita Zhang, to build on these key developments and promote trade with UK businesses.