Duty-free stores in Hainan record surge in sales chinadaily.com.cn | Updated: 2021-05-11 14:06 Share CLOSE This photo taken on April 19, 2021, shows staff members helping customers at a duty-free store in Boao, Hainan province. [Photo/Xinhua]
Total sales at Hainan s offshore duty-free stores in the first quarter of 2021 reached 13.6 billion yuan ($2.1 billion), a rise of 356 percent on the COVID-hit first quarter of 2020, Hainan Governor Feng Fei told guests at the China International Consumer Products Expo opening forum on Friday, according to the Moodie Davitt Report.
Consumer activity has recovered strongly, the governor said, noting that the implementation of Hainan s Free Trade Port project has driven demand as has the introduction of the enhanced duty-free shopping policy last July.
‘Beginning of a new chapter’: Brands flourish at first China Products Expo
More than 240,000 visitors have indulged themselves in brand experiences at the first ever
China International Consumer Products Expo.
The four-day event, which ran in
Hainan from 7 May, has presented the first opportunity for many brands to interact directly with consumers in a face-to-face environment.
With upwards of 1,500 companies and 2,620 brands in attendance, the event has been a lifeblood for many seeking to showcase new innovations or rebuild engagement beyond the digital sphere.
Retailers have also taken the chance the kickstart their recovery. As reported, Lagardère tied in the opening of its new Sandro and Maje boutiques with the Expo as it increased its footprint in travel retail’s hottest market.
2021-05-11 16:48 By: ecns.cn
A Jingdezhen ceramic is on display in Jiangxi Pavilion of the First China International Consumer Goods Expo in Haikou, Hainan Province on May 8, 2021. (Photo: China News Service/Cui Nan)
Dragon Quilts of Li ethnic group in Hainan debut at the First China International Consumer Goods Expo in Haikou, Hainan Province on May 8, 2021. (Photo: China News Service/Luo Yunfei)
The “Eye of Time”, a diamond necklace worth 188 million yuan (about $29 million), is on display at the First China International Consumer Goods Expo in Haikou, Hainan Province on May 8, 2021. (Photo: China News Service/Luo Yunfei)
Jiang Manzong, the fourth-generation inheritor of the Dragon and Phoenix Cheongsam, shows the exquisite cheongsam buttons at the First China International Consumer Goods Expo in Haikou, Hainan Province on May 8, 2021. (Photo: China News Service/Luo Yunfei)
2021-05-11 16:41 By: GMW.cn
The first China International Consumer Products Expo (CICPE) launched on May 7th, 2021 represents China s first national expo focusing on quality consumer products. It has provided a new platform for global enterprises to tap into the Chinese market and inject new vitality into the global economic recovery. [ Editor: GSY ]
Over 80% of exhibitors plan to return for next year s China International Consumer Products Expo
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HAIKOU, China, May 11, 2021 /PRNewswire/ On May 10, the first China International Consumer Products Expo came to a close in Haikou, the capital city of China s southernmost province Hainan. Exhibitors from 70 countries and regions (including China) participated, including 1,505 companies and 2,628 premium consumer brands, attracting over 240,000 visitors to the Expo, reported by Hainan International Media Center (HIMC).
A visitor was attracted by the yacht exhibition at the first China International Consumer Products Expo held in Haikou, the capital city of China s southernmost province Hainan.