HANOI -- The China's Zhengzhou National Commodity Fair and Consumer Goods Expo held a promotion conference here Tuesday to introduce its 17th session.
More than 200 representatives from Vietnam's Ministry of Industry and Trade (MIT), Vietnam Chamber of Commerce and Industry, Zhengzhou Commodity Fair organizing committee and enterprises from China and Vietnam attended the event.
Dao Ngoc Chuong, Deputy Head of the Asia-Pacific Market Division under MIT, said at the conference that China has been Vietnam's largest trading partner since 2004 and Vietnam-China investment cooperation has made remarkable achievements in recent years.
The establishment of China-ASEAN free trade area represents a great opportunity for trade cooperation between Vietnam and China. Vietnam will continue improving the investment environment, encouraging Chinese enterprises to invest in Vietnam, especially in the fields of infrastructure, electricity, processing of agricultural products, Chuong said.
Xu Songyun, deputy director of the Zhengzhou exhibition management office, said 92 percent of the product tariffs of both sides have been removed after the establishment of the free trade area. In addition, China and ASEAN countries are making efforts to open goods market, services market and investment market for favorable trade and investment cooperation.
The Zhengzhou Commodity Fair and Consumer Goods Expo can serve as a platform for ASEAN enterprises to enter the Chinese market, helping them to promote the ASEAN's advantage industries and specialty goods in China, Xu said.
During the conference, the fair's organizers introduced the preparatory work, exhibition settings and the economic and social development of China's Henan Province and its capital Zhengzhou.
Supported by China's Ministry of Commerce, the 17th Zhengzhou National Commodity Fair and Consumer Goods Expo will open on September 16-18. The expo for the first time will set up a ASEAN pavilion to boost cooperation between China and ASEAN countries.