HAIKOU, April 13 (Xinhua) — For enterprises globally, China’s shopper merchandise expo has offered a springboard to enter this unmissable market, giving a much-needed enhance to COVID-dented international enterprise confidence.
As a first-time exhibitor on the China International Consumer Products Expo (CICPE), Masashi Nanase, assistant supervisor of Japanese firm Fujiya Corporation, was excited to see exhibition cubicles dotted with guests.
The steady inflow of tourists exhibits the vitality of the Chinese financial system, he mentioned.
Held within the resort island of Hainan Province, the third CICPE has attracted over 3,300 manufacturers from 65 international locations and areas. In the primary two days of the expo, the seaside exhibition heart has already reported over 90,000 visits.
Hoping to increase their enterprise to the Chinese mainland, Nanase’s firm intends to leverage the CICPE as a platform to advertise merchandise. “I believe our company will have massive development in China,” the supervisor mentioned.
Stephan Mecha, head of Group Sales of Volkswagen Group China, mentioned that the CICPE is a platform for increasing commerce, strengthening cooperation, and selling growth amongst international locations.
During the 2013-2021 interval, China has remained the largest contributor to international financial progress, with consumption assuming a much bigger function in shoring up its financial progress.
Official information confirmed that remaining consumption contributed 65.4 p.c to the nation’s headline GDP enlargement in 2021, surpassing funding and export to turn out to be the largest progress contributor.
Consumption has additionally been highlighted by China’s policymakers in a number of key paperwork and conferences. In this 12 months’s annual authorities work report, as an illustration, the nation has reaffirmed its dedication to prioritize the restoration and enlargement of consumption.
With large alternatives and supportive insurance policies, the world’s second-largest shopper market holds irresistible attraction to international companies. And the CICPE, the primary state-level expo on boutique shopper merchandise, turns into all of the extra distinguished.
The expo is an outstanding alternative to showcase the model to Chinese clients and convey nearer the ties between the corporate and the Chinese market, mentioned Josie Zhang, president of Burberry China.
The Hainan expo, as the primary large-scale worldwide expo after China optimized its COVID response, has additionally provided a shot within the arm for COVID-distressed enterprises.
“After three years of development, the expo is well positioned to play a more prominent role in boosting consumer confidence, unleashing consumption potential, and connecting global consumer goods with the Chinese market,” Zhang added.
Commercial Consul of the French Consulate General in Shanghai, Xavier Chatte-Ruols, additionally in control of the French pavilion on the expo, pressured the significance for enterprises to fulfill shopper demand and the arrogance of French corporations in Hainan and China.
Many clients had been within the model and got here to purchase straight, famous Nicolas Gros, basic supervisor of French model Montagut, saying that he was “quite impressed.”
“I think I will return in future,” he mentioned.