畅通国内国际双循环 进博会成为重要桥梁

Group 1: Core Insights - The China International Import Expo (CIIE) serves as a vital bridge for promoting domestic and international economic circulation, showcasing China's market vitality and attracting foreign investment [1][2] - The number of participating companies at this year's CIIE reached a historical high, reflecting the robust growth of China's large-scale market [1] - Multinational companies are increasingly planning to invest in China, viewing CIIE as a comprehensive platform to observe market dynamics and technological advancements [1][3] Group 2: Economic Impact - During the 14th Five-Year Plan period, Shanghai has effectively utilized CIIE to enhance its international trade center and open up its economic framework, achieving significant results in linking domestic and international markets [2] - Shanghai's total trade volume exceeded 11 trillion yuan in the previous year, marking a 26.5% increase from 2020, with a 5.4% growth in imports and exports in the first nine months of this year [2] Group 3: Industry Trends - CIIE has not only expanded import volumes but also optimized the import structure to better meet the demands of domestic consumption and industrial upgrades [3] - The Yangtze River Delta region has shown significant synergy, with nearly 40% of imported goods at Shanghai ports coming from other areas in the region [3] Group 4: Foreign Investment and Localization - Multinational companies are increasing their investments in China, with a focus on localizing operations and enhancing R&D capabilities to keep pace with China's innovation [4][5] - Medtronic's commitment to localizing its operations in China reflects a broader trend among foreign companies to establish a strong presence in the Chinese market [8] Group 5: Innovation and Market Potential - The shift of multinational companies from "market for technology" to "innovation output for the world" indicates a growing recognition of China's market potential [7] - Companies like Kärcher are expanding their R&D bases in China, driven by the need to meet diverse consumer demands and accelerate innovation cycles [7]