Event: DOMOTEX ASIA/CHINAFLOOR
Date: 26th to 28th July 2023
Location: Shanghai
Booth No.: 6.2D85
Company: NANTONG JORDAN NEW MATERIAL TECHNOLOGY CO., LTD

The DOMOTEX ASIA/CHINAFLOOR event took place from the 26th to the 28th of July 2023 in Shanghai. This highly anticipated trade fair brought together industry professionals, manufacturers, and suppliers from the flooring and carpet sectors. Among the many participants, NANTONG JORDAN NEW MATERIAL TECHNOLOGY CO., LTD showcased their innovative products at booth number 6.2D85.

Reflecting on the event, it is worth noting that China's trade landscape experienced significant growth in the initial seven months of 2022, with the total value of imports and exports reaching an impressive 23.6 trillion yuan. This remarkable year-on-year growth of 10.4% demonstrated the resilience and dynamism of China's foreign trade sector. Notably, exports denominated in US dollars experienced a substantial surge of 18% in July, surpassing the expectations of global media and economists. This outstanding foreign trade data served as a testament to the unwavering strength of China's economy and provided a solid foundation for its continued and steady progress.

During the event, officials from the Ministry of Commerce unveiled an intriguing development: several multinational corporations, including the renowned BMW, accelerated their investment strategies in China. This accelerated investment momentum by multinational giants not only reflected their unwavering confidence in the vast potential of the Chinese market but also underscored their optimistic long-term outlook for sustained growth and prosperity in China.

The DOMOTEX ASIA/CHINAFLOOR event in Shanghai provided an excellent opportunity for companies like NANTONG JORDAN NEW MATERIAL TECHNOLOGY CO., LTD to showcase their products and explore potential business partnerships. With the positive growth trends in China's trade sector and the increased investment interest from multinational corporations, the event served as a platform for networking, knowledge shareing, and business expansion.