AMERICAN agricultural firm have reported signing major deals at the world's largest trade fair in Shanghai, and they said exports of soybeans and sorghum to China would maintain their growth momentum, reports Hong Kong's South China Morning Post.
A total of 31 American companies signed deals worth US$711 million with Chinese buyers during the six-day China International Import Expo (CIIE), up 41 per cent from a year earlier, according to the American Chamber of Commerce in Shanghai.
'Agricultural produce are an important part of bilateral trade between China and the US. We hope both governments will actively explore new paths to bolster the economic ties,' said AmCham Shanghai president Eric Zheng. 'We expect the two economies to keep playing complementary roles to each other [in the trading of agricultural products].'
Mr Zheng said business discussions between the delegation, the CIIE and Chinese buyers will continue over the next year, which will likely yield even larger transactions.
SeaNews Turkey
A total of 31 American companies signed deals worth US$711 million with Chinese buyers during the six-day China International Import Expo (CIIE), up 41 per cent from a year earlier, according to the American Chamber of Commerce in Shanghai.
'Agricultural produce are an important part of bilateral trade between China and the US. We hope both governments will actively explore new paths to bolster the economic ties,' said AmCham Shanghai president Eric Zheng. 'We expect the two economies to keep playing complementary roles to each other [in the trading of agricultural products].'
Mr Zheng said business discussions between the delegation, the CIIE and Chinese buyers will continue over the next year, which will likely yield even larger transactions.
SeaNews Turkey
