The fifth China International Import Expo will be held offline as scheduled from Nov 5 to 10 in Shanghai.
China's shipping industry is bracing for an uptick in demand and freight costs as manufacturing activity in Shanghai roars back to life following the city's return to normal starting last Wednesday, the South China Morning Post reported on Friday.
Shanghai has fully restored its production and daily life since June 1 and as a result, the volume of cargo at its sea and air ports has continued to rebound in recent days, with activity basically recovering to more than 90 percent of normal levels.
The CIIE has made landmark achievements in international procurement, investment promotion, cultural exchange and open cooperation.
Shanghai will stabilize foreign investment and trade as part of its efforts to coordinate COVID-19 control with economic development.
Shanghai announced a 50-measure action plan on Sunday to fully assist domestic and foreign enterprises to recover from challenges brought by COVID-19 over the past months and reboot the city's economic vitality.
Shanghai is continuing the resumption of retail business across the city and by June all shopping malls, department stores and specialty shops in areas considered low-risk to COVID-19 will resume offline business.
The city of Shanghai in East China is moving online in a bid to further assist its trade, commerce and manufacturing sectors to get things back to business.