The 132nd Assembly of the International Bureau of Exhibitions (BIE) officially opened in Monaco Monday afternoon. The votes will be cast this afternoon local time.

BIE President Gilles Noghes said there were many criteria to consider when deciding on a winner.

"There is no overall important criteria, but each country decides according to its own wishes. The project is very important, but also the support of the government, the enthusiasm of the population, and the overall economic and political value of each candidates," Noghes said.

At a press conference organized by the BIE, the Chinese delegation was the first to meet with world media. Representatives from Poland, Russia, South Korea and Mexico also spoke.

Yu Xiaosong, chairman of the Trade Promotion Committee said all competitors are strong and China respects fair and friendly competition.

"China is capable enough to make the World Expo 2010 a great one and the Chinese Government is committed to providing full financial support to the event if Shanghai is granted the opportunity to host the global event," said the Chinese Ambassador to France Wu Jianmin.

One of the key principles of the Expo is maximizing social and economic benefits. China's steadily growing economy is a strong guarantee for the success of the event, said Wei Jianguo, vice-minister of the economic and trade cooperation.

China has attracted the most foreign investment from developing countries, about US$50 billion a year on average.

"If held in Shanghai, the expo will provide European countries and the whole world a huge market and great business opportunities," Wei said.

Vice-Foreign Minister Wang Guangya said China's success will bring to the world a strong message that not only developed countries but also developing countries can hold the event.

China's efforts in trying to get the bid also show China's strong support to the BIE and to all international organizations which advocate peace, development, stability and prosperity, Wang said.

"If chosen, Shanghai will try its best to support the least developed countries and the developing countries in participating in the event," said Shanghai Mayor Chen Liangyu.

Shanghai's confidence comes from five significant advantages -- the country's continuously steady development, an interesting theme, an appropriate site which will serve as a platform for the world to communicate after the event, the expected huge number of visitors and the pleasant environment, he said.

(China Daily December 3, 2002)