China International Consumer Products Expo concludes in Hainan Updated: May 10,2021 09:17 PM Xinhua
HAIKOU The first China International Consumer Products Expo (CICPE) concluded on May 10 in Haikou, the capital of South China s Hainan province.
A total of 70 countries and regions attended the four-day expo, and 2,628 brands of 1,505 enterprises from home and abroad participated in the exhibitions. The expo also attracted more than 240,000 visitors and covered 80,000 square meters. The expo is the first-ever held by China to focus on quality consumer goods at the national level, the organizer said.
The first batch of companies totaling 42 from sectors including fashion, life services, travel services, service consumption, food, health products, and jewelry have signed up for the second CICPE. Over 80 percent of exhibitors this year have expressed willingness to participate in the second CICPE.
The first batch of companies from home and abroad have signed up for the second China International Consumer Products Expo (CICPE) on Monday.
A total of 42 enterprises, including U.S. luxury fashion company Tapestry, Italian luxury brand ETRO and international consulting firm Deloitte, have signed up to participate in the second CICPE, with the dates for the event to be announced at a later time.
The companies that have signed up are from sectors including fashion life services, travel services, service consumption, food and health products and jewelry, according to the organizer.
Running from May 7 to 10, the inaugural CICPE in Haikou, capital of the southern island province of Hainan, is China s first national expo focusing on consumer products.
China Focus: Consumer products expo showcases China s dual circulation
Xinhua
10 May 2021, 23:44 GMT+10
BEIJING, May 10 (Xinhua) One of the key misunderstandings of China s new development paradigm of dual circulation has been that the world s second-largest economy is withdrawing to its domestic market and shying away from the world. Quite the opposite, Beijing continues to facilitate its huge domestic market to foreigners and the China International Consumer Products Expo is a good example. The expo, which closes on Monday, presents an unprecedented platform to access the Chinese consumer market. Products of companies and brands from 69 countries and regions worldwide were on display. According to the Ministry of Commerce, foreign-funded enterprises and brands were the majority of participants at the event, a testament to the Chinese market s attractiveness and potential for foreign businesses.
SOURCE / COMPANIES
By Global Times Published: May 10, 2021 09:28 PM
A participant at the first China International Consumer Products Expo (CICPE) takes a picture of a patrol robot at the expo center on Thursday. The CICPE is scheduled in Haikou, capital of South China s Hainan Province from May 7 to 10. Photo: ICMore than 80 percent of exhibitors at the first China International Consumer Products Expo (CICPE) said that they intend to sign up for the next trade fair, according to a statement sent from the CICPE on Monday, showing strong global confidence in China s consumption potential.
A total of 1,505 companies and 2,628 brands from 70 countries and regions joined the first CICPE, held from Friday to Monday. Since its opening, more than 80 percent of the companies have shown an intention to sign up for the next one, including L Oreal, Shiseido, Tepesch, De Beers, KPMG, and Ernst & Young, according to the statement sent to the Global Times
Hainan sets to bring global benefits as free trade port
As comprehensive reforms are being deepened and high-level opening-up policies are being put in place, China’s southern island province of Hainan is transforming itself into a free trade port for the world.
China last June released a master plan to build the island into a globally influential and high-level free trade port by the middle of the century. The ongoing China International Consumer Products Expo (CICPE) is the latest testament to China’s opening-up commitment.
The CICPE, a new annual expo at the national level and the first international expo on the island, has attracted 648 companies and more than 1,300 brands from 69 countries and regions. More than 200,000 visitors from home and abroad are expected over the four-day event.