Hainan in May is about to usher in another event that attracts global attention-the first China International Consumer Goods Expo will be held in Haikou from May 7th to 10th.
Consumer Expo will focus on the construction of Hainan’s “International Tourism Consumption Center” to create a global display and trading platform for international consumer products. “Consumer Expo is held in Hainan to gather the policy advantages of the free trade port, gather global popularity, and cultivate and form a world-class consumer boutique exposition.” Vice Minister of Commerce Wang Bingnan said that the Consumer Expo is to build a new development pattern. The new carrier is a new platform that meets the needs of the people for a better life, and is also a new window for implementing a high-level opening up. “We welcome all countries to take the’free ride’ of China’s development, share the big market of China, and promote common prosperity in the world.” .
Foreign companies are optimistic about the Chinese market
“China International Consumer Goods Expo is China’s first national-level exhibition with the theme of consumer products. It is an important measure for China to continue to expand its opening up.” Wang Wei, director of the Institute of Market Economy, Development Research Center of the State Council, told reporters that the current global new technological revolution The accelerated development of consumption innovation is being promoted, and the trend of consumption improvement and upgrading has become more prominent.
From the perspective of the participation structure of the first Consumer Expo, foreign-funded enterprises and foreign-funded brands accounted for the majority. Shen Danyang, Executive Vice Governor of Hainan Province, recently introduced that the International Exhibition Area of the first Consumer Expo has 60,000 square meters, accounting for 75% of the total exhibition area.
“The holding of the Consumer Expo shows the Chinese government’s firm determination to promote high-level opening up to the outside world, and it also fully demonstrates that foreign-funded enterprises are optimistic about the Chinese market and have full confidence in China’s economic development.” Wang Bingnan said that China, as the world’s most potential consumer market, holds The Consumer Expo is a pragmatic measure for China to accelerate the construction of a new development pattern.
Bai Ming, deputy director of the International Market Research Institute of the Ministry of Commerce, believes that the Consumer Expo will bring more development opportunities to the construction of Hainan Free Trade Port. The Consumer Fair will expand the popularity and influence of Hainan, and global businesses can also take advantage of the various conveniences brought about by the construction of Hainan Free Trade Port to gather on the consumer fair trading platform.
“The Consumer Fair will be the key for Irish companies to open the Chinese market.” Liu Yupeng, chairman of the Irish Federation of Industry and Commerce, said in an interview with a reporter from the Economic Daily. He hoped that through the two platforms of the Consumer Fair and the Irish Federation of Industry and Commerce, Irish companies could gain a deeper understanding of the Chinese market and Consumer demand.