China Resources Group participates in the 2nd China International Import Expo
2019-11-08,General Office

The 2nd China International Import Expo was held at the National Exhibition and Convention Center (Shanghai) in 5-10 November. CR trade team, led by Mr. Wang Chuncheng, Vice General Manager of China Resources Group participated in the event. China Resources Group signed purchase agreements and forged co-operations with 17 overseas companies at the Expo, covering industries and products including consumer, high-end manufacturing and high-tech materials.

The trade team was mainly composed of the Group’s Strategy Department, China Resources Enterprise, CR Pharmaceutical Group, China Resources Power, China Resources Land, China Resources Vanguard, CR Ng Fung, CR Chemicals-Materials and CR Jiangzhong. Among these companies, China Resources Vanguard entered into cooperation with three globally renowned winemakers, namely Treasury Wine Estates Vintners Limited in Australia,  Vina San Rafael S.A. in Chile and YVON MAU SA in France, while CR Ng Fung entered into purchase agreements with suppliers including Saputo Dairy, De Groot, Mr. Apple and Nordic Collective etc, CR Chemicals-Materials signed purchase contracts and established long-term co-operative relationships with Lotte Chemical in South Korea, MEGlobal International FZE and Saudi Basic Industries.

In addition to these, China Resources Power also signed another purchase order with Indonesia’s coal mine company PT. Sinar Deli, with the order quantity reaching tens of million-ton level. While participating in the expo for the first time, CR Jiangzhong was able to sign a purchasing agreement with Fette Compacting, thus giving a boost to enhancing the quality of the new products developed by the company.

In terms of both the scale and the amount of the contracts, the CR trade team has exceeded its performance in the first expo. Moving forward, CR Group will leverage on the key strategic window of opportunity brought about by the country’s expansion of foreign trade liberalization. It will bring in more “good products” and “good services” of excellent quality, so as to share a bright future with its business partners around the globe.