China s consumption boosts world s resumption
May 06, 2021, 17:22
Hainan International Convention and Exhibition Center in Haikou, south China s Hainan Province, April 30, 2021. /Xinhua
On May 7, 2021, Hainan is going to hold the grand opening of the first China International Consumer Products Expo. As an international feast for economic and trade communications taking place in the first year of the post-pandemic era, this expo reflects three positive signals about the role of China s consumption in the post-pandemic world landscape.
China s consumption recovery ahead of the rest of the world is likely to boost the world economic recovery in multiple dimensions. In this process, the global governance view of joint discussion, co-construction and sharing will hopefully be promoted to ensure long-term peace and stability in the global economy and trade.
SOURCE / ECONOMY
By
Global Times business reporter covering TMT, auto and commercial space sectors.
Zhang Hongpei in Haikou Published: May 06, 2021 10:09 PM Updated: May 06, 2021 10:01 PM
The first China International Consumer Products Expo Photo: GT
On the first working day after the May Day holidays, which generated travel-related spending with year-on-year growth of 138.1 percent to 113.23 billion yuan ($17.5 billion), consumers in the world s second largest economy now embraced another shopping feast - the first China International Consumer Products Expo (CICPE), which is scheduled in Haikou, capital of South China s Hainan Province from May 7 to 10.
In a congratulatory letter to the expo, Chinese President Xi Jinping said the event will provide a global consumer boutique display and trading platform, which is conducive to the sharing of opportunities in the Chinese market by all countries, to the recovery and growth of the world economy, and to provide the world wit
Consumer products expo to showcase brands By Wang Junwei | chinadaily.com.cn | Updated: 2021-05-06 16:14 An aerial photo taken on April 30, 2021, shows the Hainan International Convention and Exhibition Center in Haikou, South China s Hainan province. [Photo/Xinhua]
The inaugural China International Consumer Products Expo, which will be held from May 7 to 10 in Haikou, South China s Hainan province, will serve as a platform of showcasing and trading for world-class boutique brands, welcoming all countries to share the Chinese market for common global prosperity, Economic Daily reported on Thursday.
Foreign-funded enterprises and brands account for the majority at the expo. The international exhibition area of the expo will cover 60,000 square meters, accounting for 75 percent of the total exhibition area, said Shen Danyang, executive vice-governor of Hainan province. With a total exhibition area of 80,000 square meters, the expo is expected to
2021-05-06 16:49 By: Xinhua
Workers prepare the venue for the first China International Consumer Products Expo at the Hainan International Convention and Exhibition Center in Haikou, south China s Hainan Province, May 1, 2021. (Xinhua/Pu Xiaoxu)
HAIKOU, May 5 (Xinhua) The first China International Consumer Products Expo is scheduled for May 7-10 in Haikou, capital of south China s Hainan Province.
The event will be the first international expo to be held in Hainan since China released a master plan last June to build the island province into a globally influential and high-level free trade port by the middle of the century.
It is also the first-ever expo focusing on consumer products organized by the world s second largest economy. It is expected to showcase the country s consumption power, facilitate the construction of the free trade port and contribute to the establishment of the new development paradigm of dual circula
2021-05-06 14:21:04 GMT2021-05-06 22:21:04(Beijing Time) Xinhua English Photo taken on May 6, 2021 shows the opening ceremony of the first China International Consumer Products Expo in Haikou, capital of south China s Hainan Province. The expo, which opened on Thursday in Haikou, will see the participation of nearly 1,500 enterprises from around 70 countries and regions. (Xinhua/Jin Liwang) Photo taken on May 6, 2021 shows a drone performance for the first China International Consumer Products Expo in Haikou, capital of south China s Hainan Province. The expo will be held in Haikou from May 7 to 10. (Xinhua/Pu Xiaoxu) Photo taken on May 6, 2021 shows a drone performance for the first China International Consumer Products Expo in Haikou, capital of south China s Hainan Province. The expo will be held in Haikou from May 7 to 10. (Xinhua/Pu Xiaoxu)