It is really unbelievable that at 4th China International Import Expo for the first time is arranged huge deal worth US$700 million. From what we can see this deal is signed between two companies called Technology Co Ltd and Yundu Shanghai Science. Both companies have signed this deal about products which are mostly smart household products. Basically they have agreed to work together to integrate both brands into one, so with these possibility they can go to the bigger market in the world.
The first thing they need to do is go and agree on promotion details, how they really promote their products on the market. They believe that in the end they will be satisfied with this collaboration. Thanks to CIIE platform they have managed to do this, but it in the end they are not surprised because China International Import Expo he’s great place for this kind of business arrangements.