Boston Scientific(US:BSX) Huan Qiu Wang·2025-11-07 04:42Core Insights - The China International Import Expo (CIIE) has evolved beyond its six-day event, creating a lasting "spillover effect" that connects global markets with China, enhancing trade and investment opportunities [1][3]. Group 1: Event Impact and Functionality - The CIIE has attracted global attention due to its unique positioning, large scale, diverse exhibits, and advanced technologies, leading to widespread acclaim from exhibitors and buyers [3]. - The "Hongqiao Pinhui" platform serves as a year-round exhibition and trading venue, having introduced over 6,000 brands from 108 countries, with a projected transaction volume of 28 billion RMB by 2024 [3]. - The platform has expanded to 48 centers across 22 cities by October 2025, facilitating cross-regional circulation of products [3]. Group 2: City Integration and Activities - The city of Shanghai has embraced the CIIE, with dedicated public transport routes and numerous promotional activities enhancing the event's visibility and engagement [4]. - Attendees can access various cultural and tourism discounts, promoting a deeper connection between the expo and the local economy [4]. Group 3: Policy Innovations - Shanghai has introduced the "CIIE Spillover Linkage Policy Package" to enhance convenience and attractiveness, focusing on customs, taxation, finance, and data cross-border flow [5]. - The "immediate tax refund" policy allows foreign buyers to process tax refunds on-site, significantly improving the shopping experience [5]. - A pilot program for data cross-border flow has been initiated, allowing exhibitors to send non-sensitive consumer data back to headquarters, which is seen as a significant breakthrough by multinational companies [5]. Group 4: Transformation of Exhibitors - The CIIE has facilitated the transformation of exhibits into marketable products, with 290 Fortune 500 companies participating, and 85 establishing regional headquarters or R&D centers in Shanghai [6]. - Boston Scientific has successfully launched 22 products in the Chinese market through the CIIE, showcasing its technological leadership [6]. - Samyang Foods has invested $140 million in a production base in Jiaxing, China, to meet the growing demand, with plans to produce 800 to 1,000 million servings of its popular spicy noodles annually [13]. Group 5: Comprehensive Platform for Cooperation - The CIIE has evolved into a comprehensive platform for international procurement, investment promotion, and cultural exchange, facilitating rich opportunities for collaboration [18]. - The event serves as a testing ground for institutional openness and regional cooperation, allowing global businesses to share in China's development [18].