KUNMING: The eighth China-South Asia Expo ended on Sunday, with domestic and foreign trade contracts totaling over 8 billion yuan (about $112 million) signed, according to organizers.
During the event held in Kunming, the capital of southwest China’s Yunnan province, cumulative online and offline sales exceeded 500 million yuan.
This year’s fair was attended by 82 countries, regions and international organizations with more than 2,000 exhibiting companies. Almost half of them were overseas companies covering all South Asian and Southeast Asian countries.
The Expo was first held in Kunming in 2013, the same year China put forward the Belt and Road Initiative. Since its inception, the exhibition has served more than 18,000 domestic and foreign companies, supported more than USD 100 billion in trade, and enabled the signing of more than 3,000 projects.
Organized jointly by the Ministry of Commerce and the Yunnan Provincial Government, the exhibition is one of the most important events of the year for economic and trade exchanges between China and South Asian countries.