US agricultural producers secure contracts valued at $711 million during CIIE 2024
US farmers secured agreements totaling $711 million at the China International Import Expo (CIIE) 2024.
TroibNews 
The seventh China International Import Expo wrapped up on Sunday, with American agriculture exhibitors finalizing agreements with their Chinese counterparts totaling $711.4 million, representing a 40.9 percent increase from the previous year's $505 million.
This year, 14 US exhibitors from 31 organizations took part in the US pavilion.
This event marked the second occasion of US participation in the CIIE at the federal government level, underscoring the importance of food and agriculture in strengthening US-China commercial relations, as noted by the American Chamber of Commerce Shanghai.
Allan Gabor, chairman of AmCham Shanghai, stated in an interview with CN that agricultural cooperation between China and the US holds great promise. He emphasized the potential for enhanced bilateral collaboration beyond agricultural goods, particularly in fields such as biosecurity and sustainability.
Jim Sutter, CEO of the US Soybean Export Council, expressed optimism about the future of the bilateral trade relationship, considering China a vital partner for the US soybean industry.
Jason Hafemeister, acting deputy under secretary of the USDA, reportedly affirmed the US government's dedication to fostering a healthy and stable trade relationship with China. Speaking on the sidelines of the CIIE, he highlighted opportunities for future collaboration, especially in agriculture.
According to Cao Derong, president of the China Chamber of Commerce of Import & Export of Foodstuffs, Native Produce & Animal By-Products, the agricultural products imported from the US meet the demands of the Chinese market while boosting the income of American farmers. He added that both sides have experienced tangible benefits, establishing a solid foundation for cooperation.
"CIIE has proven once again to be an important platform to showcase American products and services," remarked AmCham Shanghai President Eric Zheng.
In total, participants at the 2024 CIIE secured tentative deals valued at $80.1 billion, marking a two percent increase from the prior year.
Frederick R Cook for TROIB News
This year, 14 US exhibitors from 31 organizations took part in the US pavilion.
This event marked the second occasion of US participation in the CIIE at the federal government level, underscoring the importance of food and agriculture in strengthening US-China commercial relations, as noted by the American Chamber of Commerce Shanghai.
Allan Gabor, chairman of AmCham Shanghai, stated in an interview with CN that agricultural cooperation between China and the US holds great promise. He emphasized the potential for enhanced bilateral collaboration beyond agricultural goods, particularly in fields such as biosecurity and sustainability.
Jim Sutter, CEO of the US Soybean Export Council, expressed optimism about the future of the bilateral trade relationship, considering China a vital partner for the US soybean industry.
Jason Hafemeister, acting deputy under secretary of the USDA, reportedly affirmed the US government's dedication to fostering a healthy and stable trade relationship with China. Speaking on the sidelines of the CIIE, he highlighted opportunities for future collaboration, especially in agriculture.
According to Cao Derong, president of the China Chamber of Commerce of Import & Export of Foodstuffs, Native Produce & Animal By-Products, the agricultural products imported from the US meet the demands of the Chinese market while boosting the income of American farmers. He added that both sides have experienced tangible benefits, establishing a solid foundation for cooperation.
"CIIE has proven once again to be an important platform to showcase American products and services," remarked AmCham Shanghai President Eric Zheng.
In total, participants at the 2024 CIIE secured tentative deals valued at $80.1 billion, marking a two percent increase from the prior year.
Frederick R Cook for TROIB News
