The third China International Import Expo will be held in Shanghai from November 5 to 10, 2020. Against the background of the epidemic, the third Import Expo was held as scheduled, which also shows the Chinese government's firm determination to actively expand imports and comprehensively improve the level of opening up.Holding China International Import Expo is a major decision made by China to promote a new round of high-level opening up. It is a major measure for China to take the initiative to open its market to the world. The fundamental purpose is to promote the high-quality development of China's economy and better meet the people's needs for a better life through the economic effect of the platform of Import Expo. There is no doubt that the Import Expo will become the first platform for China's import promotion and make historic contributions to China's high-quality economic development. This paper analyzes the following five economic effects brought by the Expo.1. Effects of actively expanding opening up2. Effect of attracting international investment3. Effect of boosting the development of small, medium and micro enterprises4. Effect of stimulating import potential5. Effect of upgrading domestic service consumption
