Trade expo opens doors for multinational companies

The eighth China International Import Expo, that opened in Shanghai on Nov 5, offers a great opportunity for multinational companies to build a global pivot, and turn exhibits into commodities, experts and executives say.

- By ZHENG YIRAN

Stefan Oelrich, a member of the board of management of Bayer AG and head of its pharmaceuticals division, said the fair offers a great opportunity for import decision-makers to come together in China.

“For us it’s absolutely key to have a good presence there. We're looking to showcase part of our pipelines that are making good progress, and are pleased with China being a market where we participate in doing clinical trials and launching innovation incubators. We are also pleased that we see a better access in the biotech sector that needs capital support that we could provide.”