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Sri Lankan SMEs showcase products in China

by malinga
December 8, 2024 1:05 am 0 comment 270 views

The Sri Lanka stall

A delegation of 49 Sri Lankan Small and Medium Enterprises (SMEs) showcased its products at the 19th China International Small and Medium Enterprises Fair (CISMEF) from November 15-18 at the China Import & Export Fair Complex in Pazhou, Guangzhou.

The event was organised by the Sri Lanka Export Development Board (EDB) in collaboration with the Industrial Development Board (IDB) and facilitated by the Consulate General of Sri Lanka in Guangzhou.

The delegation represented key product sectors, including food and beverage, gem and jewellery, coconut-based products, lifestyle goods, spices and garments.

This marked the 9th consecutive year of Sri Lanka’s participation, demonstrating a consistent commitment to foster SME growth through international trade exposure.

The participating SMEs secured spot sales to the value of USD 100,000 and confirmed export orders for cinnamon, coir products and jewellery.

However, entrepreneurs highlighted challenges, particularly regarding the General Administration of Customs of China (GACC) registration. Many noted that obtaining this certification is critical to execute confirmed orders and expanding market access in China.

The EDB pledged to continue its support and facilitation to address these challenges and strengthen SME capabilities in coordination with the Sri Lanka Embassy in China and the consulate General Office in Guangzhou, China.

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