China Creates World's Largest Convention Facilities and National Trade Shows

　　This convention and exhibition facility adjacent to the Shanghai Hongqiao Transportation Hub is a national project jointly built by the Ministry of Commerce and the Shanghai Municipality, and a key construction project in Shanghai's "Twelfth Five-Year Plan".
　　Relying on this exhibition facility, the "China Expo" project is also under active preparation. It is expected that this brand-new national trade fair, which will debut in three years' time, will be larger than the 490,000 square meters of exhibition area of the world's largest Hannover Messe, Germany, and will leave behind the Canton Fair, which has an exhibition area of 340,000 square meters in a single period.
　　According to Zhong Shan, Vice Minister of the Ministry of Commerce, the completion and implementation of the China Expo Exhibition Complex and the "China Expo" project will effectively drive the common development of Shanghai and the Yangtze River Delta region's high value-added service industries such as exhibition services, international sourcing, headquarter economy, professional services, etc., and promote the optimization of the trade structure and economic restructuring, and better dovetail the long-term development of China's and the world's trade. The long-term development of world trade.
　　According to the introduction, the rapid development of domestic and foreign trade, especially foreign trade in the Yangtze River Delta region, and the needs of economic transformation and development are the direct reasons for the project of China Expo Exhibition & Convention Complex. 2011, the rental rate of exhibition venues of more than 30,000 square meters in Shanghai has exceeded 60%, which is far more than the international average level of 35% and the domestic average level of 25%. In 2011, the rental rate of exhibition venues above 30,000 square meters in Shanghai had exceeded 60%, far exceeding the international average of 35% and the domestic average of 25%, and the insufficiency of exhibition venues had become a "bottleneck" restricting the sustainable development of internal and external trade.
　　In accordance with the relevant arrangements of the Ministry of Commerce and Shanghai Municipality Agreement, China Expo Exhibition Complex Project is jointly constructed and operated by China Foreign Trade Center (Group) and Shanghai Donghao International Service & Trade (Group) Co.
　　Mr. Wang Zhiping, Chairman of China Expo Limited Liability Company (Preparation), said that China Expo Exhibition and Convention Complex will be built into the world's most large-scale, influential and competitive convention and exhibition platform by combining domestic and foreign trade, import and export, and combining the trade of goods and the trade of services in a new development mode.
　　According to reports, at present, in addition to the brewing of the "China Expo", has been held for many years in East China Import and Export Commodities Fair, the China International Industry Fair, as well as a number of automobiles, electronics, furniture in the field of professional exhibitions, has been determined to settle in the China Expo Exhibition and Convention Complex.
　　"I believe that the China Expo Exhibition and Convention Complex, based on Shanghai, radiating the Yangtze River Delta and serving the whole country, will realize significant economic and social benefits in the future." Wang said.