SDIC signs contracts with 20 foreign firms during CIIE

The State Development and Investment Corp announced that it has signed procurement contracts with 20 foreign companies during the ongoing third China International Import Expo.

The purchase covers more than 20 kinds of commodities including grain, fruit, textiles and chemical products from 15 economies such as Pakistan, Cambodia, Indonesia and South Africa.

"The timely CIIE demonstrated China's determination to continue to open up to the outside world. At the same time, it reflected confidence from the international community in the prospects of the Chinese market," said Bai Tao, Party secretary and chairman of SDIC.

China is committed to taking initiative in the mechanism of global sharing and enabling the global cooperation to be more flexible with an open mind and measures, Bai said.

"SDIC will continue to deepen cooperation in important fields and key industries with partners both at home and abroad, so as to share opportunities brought by the CIIE, go hand in hand and contribute to the promotion of global economic development and regional economic and trade exchanges," he added.

Fernando Lugris, Uruguay's ambassador to China, said that China and Uruguay have maintained close trade exchanges and the trade subsidiary of SDIC has imported many high-quality goods from Uruguay.

Looking forward to the future, Uruguay will work together with SDIC to overcome difficulties brought by the COVID-19 pandemic to promote the continuous deepening of economic and trade relations between the two countries, he said.