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China’s regional markets, with a population of over 60 million, open for Romanian exports

PRESS RELEASE

The access of Romanian products to the regional markets in China was the main topic of Wednesday’s actions of Minister Ştefan-Radu Oprea, during the commercial promotion tour he is having in Shanghai.

Minister Oprea met Mrs Shang Yu Ying, chair of the Shanghai Municipal Committee for Commerce, and Chen Luping, Liaoning Province Governor. Meetings took place at the China International Import Expo (CIIE), China’s first international trade fair exclusively intended for Chinese imports, marking the opening of the Chinese market imports for by means of a political decision at the highest level.

At the meeting with Shang Yu Ying, concrete ways to promote Romanian companies on the Shanghai market and to participate in the next edition of the CIIE were discussed. From an economic point of view, the Shanghai Municipality is China’s most powerful economic and financial center, with a population of over 23 million and an annual GDP of approximately USD 446 billion. Shanghai is also the center of a metropolitan area with over 34 million inhabitants.

The good relations between Romania and Liaoning Province, the opportunities for developing trade and investment were discussed during the meeting with Chen Luping. Liaoning Province is twinned with Braşov County. The meeting was followed by a Liaoning – Central and Eastern Europe Business Forum, where Ştefan-Radu Oprea delivered a presentation speech on Romania as an investment destination. Liaoning Province, in northeastern China, has a population of over 43 million and an annual GDP of over 350 billion dollars.

Minister Ştefan-Radu Oprea also had meetings with representatives of the Fengxian District of Shanghai Province, twinned with Constanţa. The district has at its disposal highly developed industries in cosmetics and chemistry.

During the talks, the Fengxian District Mayor made a comprehensive overview of the area’s vision for development by 2035. The topics addressed with the Fengxian Trade and Economic Promotion Office representative focused on identifying the actual opportunities for importing agri-food products from Romania, such as honey and sunflower. Also, given the presence of highly developed SMEs in the district, it was agreed to organize joint missions to bring them into contact with SMEs in Romania.  On this occasion, the Romanian Minister was invited to participate in the next year’s opening of the cultural center in Fengxian, where Romanian partners are also expected with items pertaining to Romanian traditions, customs and culture.

Also, the Romanian delegation, which includes representatives of the chamber system, visited today the stands of the Romanian companies participating in the CIIE: Ivatherm, Farmec / Gerovital, Borsec, Budureasca, Lesaffre / Secretul Bunicii.

Ministry for Business Environment, Commerce and Entrepreneurship

Press Office

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