A delegation from the Sino-Russian Youth Business Club in St. Petersburg will take part in the inaugural Chinese Agricultural Transformation of Scientific and Technological Achievements and the seventh Chengdu International Urban Modern Agricultural Expo (IUMAE) from 25-28 April 2019
The delegation visited the modern agricultural facilities in the Qingbaijiang Area of the Sichuan Free Trade Zone.
Organised by the municipal government of Chengdu with planning and execution handled by Chengdu New East Exhibition Co, Ltd, the event is expected to attract a number of industry experts in the region.
The delegation plans to discuss agricultural trade and investment in the city by Russian businesses with Chengdu government officials and entrepreneurs during the event.
Since China's introduction of the opening-up policy 40 years ago, Chengdu has become the most vibrant and entrepreneurial city in western China. With regional GDP exceeding US$228bn in 2018, Chengdu rivals Finland, a country ranked 42nd in the world in terms of this key economic indicator.
Chengdu, in which 285 of the top 500 global companies have an office or some form or representation, has been the undisputed leader in western China in terms of the number of companies located there, the amount of investment and the multiplicity of sectors. The city, with a more open-minded approach and a world-class business environment, is creating huge development opportunities for global investors.
The IUMAE, a China-based agricultural product fair, has created a leading platform featuring high-quality projects and technology introduction services, with the aim of facilitating win-win results for international buyers. In the aggregate, over the past six years, the event has recorded on-site turnover of more than US$790mn, attendees from more than 40 countries and regions, more than 250 visits by delegations from across China as well as signed contracts for more than 860 agricultural projects valued at US$22.6bn.
This year's 90,000 sq m expo features exhibition booths grouped by agricultural technological achievement, many of which have proven transformative both in and outside of China, as well as firms seeking to collaborate on agricultural projects, international logistics and trade of agricultural commodities. The event is expected to attract 1,800 exhibitors and professional buyers including wholesale distributors, food processors and trade companies.
