Top executives weigh in at CIIE (II)

Eddy Chan, senior vice-president of FedEx and president of FedEx China

A1: In 2018, FedEx made its debut participation at the first China International Import Expo with the theme of "Connecting People and Possibilities".

FedEx is once again participating in the CIIE, and leveraging the expo to demonstrate its strengths and advantages with the theme of "Go Green", "Go Digital" and "Efficiency".

CIIE is an important platform to further tap into potential business opportunities and we hope to show buyers at home and abroad the advantages of our network, innovation, sustainable development and our support of key areas of the economy, including e-commerce and small and medium-sized enterprises.

A2: The COVID-19 pandemic has significantly impacted the global economy. As the world is gradually recovering from the pandemic, the CIIE demonstrates China's commitment to an open market and dedication to propel trade exchanges and to contribute to the rebound of the global economy.

Under the current situation, the CIIE serves as a "bridge" between China and the global market, empowering connectivity and collaboration, and offering shared opportunities for players in international trade.

A3: China's economy has not only demonstrated its resilience to the world, but has also provided momentum for global recovery.

The growing trade exchanges not only provide opportunities for the players in the logistics sector, but also urge us to help ensure the reliable connectivity of China's market with the world through a well-established network, a resilient capability and a commitment to innovation.

FedEx has been a firm advocate and facilitator of global trade. We remain committed to connecting China to the global market.

A4: As China is extensively building its new development pattern of dual-circulation, the logistics sector has been playing an increasingly significant role in China's economy. It requires the logistics industry to provide an extensive and flexible network, as well as offer customers more flexible and efficient digital logistics solutions.

Our strategy continues to focus on expanding our network, supporting SMEs and cross-border ecommerce, while operating sustainably. Inheriting this, we have launched new flights, innovative service solutions to support the efficiency and reliable connections between China and global markets.

A5: China has showed the world its commitment to the opening-up policy by continuously improving its business environment for foreign investors.

We're confident that China will continue to improve as it rolls out higher-level opening-up by strengthening institutional and structural arrangements.

FedEx has been a firm advocate and facilitator of global trade. Over the past 40 years in China, we have remained committed to connecting China and the global market using our network, capacity and technological innovation.

A6: China's opening-up national strategy has not only fueled the growth of its foreign trade to become a key driver of the development of the country's economy, but also contributed to the recovery and rebound as a major global growth engine.

We have benefitted from the growth of China's foreign trade which is propelled by the favorable top-level policies and regulations demonstrating the country's commitment to the open market and international trade.

A7: During our operations, we have experienced that China has been endeavoring to continuously optimize and enhance its infrastructure, foreign trade policy, legislation and business environment amongst other perspectives. These are critical drivers to break down walls and barriers to trade and investment.

A resilient and reliable connection is increasingly critical to international business activities. China's endeavors also encourage the development of the logistics sector, empowering the sector to contribute more to regional and global trade, which is a key to the recovery and prosperity of the global economy.

A8: Foreign trade has become one of the most dynamic and fastest-growing sectors in China's economy. In particular, the scale of cross-border e-commerce has increased nearly 10 times in five years, making it a new driver for foreign trade growth. The continued growth of China's cross-border e-commerce shows its firm support for free trade and multilateralism.

FedEx has been a firm advocate and facilitator of global trade, and believes that open markets and collaboration are the best way to promote common prosperity and inclusive growth for all.