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 with more high-quality consumer products by China.
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
Swiss Exports Rises In Q1
BRUSSELS (dpa-AFX) - Switzerland s exports grew in the first quarter, data from the Federal Customs Administration showed on Thursday.
Exports increased 4.9 percent sequentially in the first quarter, following a 13 percent rise in the fourth quarter.
Imports grew 1.9 percent in the first quarter, after a 1.1 percent drop in the previous quarter.
In nominal terms, exports rose 4.8 percent quarterly and imports grew 1.7 percent in the first quarter.
The trade surplus rose to CHF 11.28 billion in the first quarter from CHF 9.405 billion in the previous quarter. In the first quarter of 2020, the trade surplus was CHF 8.422 billion.
In March, exports rose 4.5 percent monthly, after a 1.2 percent fall in February.
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Swiss watch expo switches to Shanghai after virtual debut
Issued on:
13/04/2021 - 04:22 In previous years the salon has been a fixture of Geneva s international calendar OLIVIER VOGELSANG AFP 4 min
Zurich (AFP)
Geneva s international expo of fine watches switches to Shanghai on Wednesday for a physical version after staging an online edition to keep the prestigious fair going during the pandemic.
The Salon International de la Haute Horlogerie, now restyled as Watches and Wonders, was cancelled last year due to the coronavirus crisis.
This year, with Europe battling a third wave of the pandemic, the fair one of the major annual gatherings for luxury watchmakers opened online on April 7, closing on Tuesday.