Lishui Haoqing Chemical Technology Co Ltd, a company based in the Lishui Economic and Technological Development Zone in Lishui city in East China's Zhejiang province, recently participated in the 23rd International Shoes & Leather Exhibition in Vietnam.

Chen Si, a foreign trade manager of the company, said that they received over 40 potential customers and are expected to generate 5 million yuan ($693,549) in sales from the three-day exhibition.

The company's general manager Yang Zhengjie said they plan to participate in more exhibitions in India and other countries in the future.

Another company from the zone, Zhejiang Qiangda Industry Co Ltd, also achieved fruitful results from overseas exhibitions. Dai Rongwei, the company's general manager, said they secured about 10 million yuan in orders from Fastener Fair Stuttgart and Intersolar Europe in March and June respectively.

To encourage and help local enterprises explore foreign markets, the Lishui Economic and Technological Development Zone has provided various policy incentives and financial subsidies. In the first half of 2023, the zone allocated 14.6 million yuan for foreign trade policy funds, an increase of 129.2 percent year-on-year.

According to preliminary statistics, 84 enterprises from the zone participated in 45 overseas exhibitions in the first half of this year.

The zone plans to organize a business delegation to visit Italy and Germany in August. The delegation will seek cooperation opportunities in precision manufacturing, semiconductor and biomedicine sectors to promote the import and export of high-tech products.