In the era marked by rapid changes in global trade dynamics, the China International Import Expo (CIIE), the world's first import-themed national-level expo, has served as a vital gateway for international companies seeking to tap into China's vast market. Now in its eighth year, the CIIE has firmly established itself as a premier platform, offering unparalleled opportunities for overseas enterprises to showcase their products, technologies, and services. With the 8th CIIE scheduled for November 2025, it is imperative to recognize its far-reaching impact, particularly for economies like Malaysia.
Malaysia has consistently demonstrated a proactive and collaborative stance in fostering trade relations with China, underpinned by mutual trust and shared economic goals. Celebrating the 50th anniversary of diplomatic relations between Malaysia and China, Malaysia participated in the 7th CIIE as the guest country of honor in 2024. This role enhanced its presence by showcasing a diverse range of products and services, highlighting its strengths in electrical and electronics, agriculture, lifestyle, healthcare, and services such as ICT, e-commerce, creative content, business services, and logistics. With the participation of over 60 Malaysian companies, the CIIE served as a dynamic platform for Malaysian businesses to spotlight their innovative products in the Chinese market, such as employing cryogenic nitrogen freezing technology to preserve the freshness of durians, crafting long-lasting commercial ties.
This engagement was not merely symbolic but a calculated strategy to deepen bilateral trade. Ng Yih Pyng, president of the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCCIM), notes that Malaysian businesses are eager to tap into the significant opportunities presented in the CIIE. The CIIE offers Malaysian companies exceptional access to China's vibrant market, known for its growing and varied demands. Palm oil, halal products, and electronics-industries aligned with both Malaysia's economic priorities and China's demand for high-quality imports-were prominently featured. For instance, Malaysia's halal foods are accepted globally. Notably, it is said that Malaysia External Trade Development Corporation (MATRADE) will organize foods exhibitors from MIHAS to participate in the CIIE. Meanwhile, its electrical and electronics (E&E) sector capitalizes on China's tech-driven industrial upgrades. These areas are in line with Malaysia's economic objectives and correspond well with China's market needs, creating an ideal environment for business expansion.
The CIIE has become a driving force in global commerce and innovation. Since its inception in 2018, the CIIE has seen intended deals over $500 billion and has been the launchpad for more than 3,000 new products, technologies, and services, reflecting its significant impact on fostering global trade and innovation. This remarkable growth highlights the CIIE's role in fostering global economic integration and cross-border collaboration. According to the Report on the Media Coverage and Influence of the seventh China International Import Expo, the 7th CIIE attracted 3,496 companies from 129 countries and regions to participate in its Enterprise & Business Exhibition, showcasing their latest products, technologies, and visions for the future. It saw intended deals worth $80.01 billion-an increase of 2 percent compared to the previous year. Notably, 186 enterprises and institutions have attended all seven expos, underscoring CIIE's enduring value as a platform for launching groundbreaking products and technologies. The 7th CIIE also welcomed 1,585 companies from 104 countries participating in the Belt and Road Initiative, 1,106 companies from 13 countries involved in the Regional Comprehensive Economic Partnership, and 132 exhibitors from 35 least developed countries. As the CIIE expands in scale and influence, it has facilitated economic engagement that transcends national borders, attracting an increasing number of companies and creating substantial opportunities for global trade.
Currently, preparations for the 8th CIIE are in full swing. For enterprises in Malaysia, engaging in the 8th CIIE will be an unparalleled opportunity to showcase their capabilities on a world stage and tap into one of the fastest-growing import markets. These endeavors are bound to drive the future course of international trade and collaboration, paving the way for new horizons of economic development and cross-border partnerships.