CHINA, April 16: China, the world’s second-largest economy, is sharing its booming consumer market with companies around the world, with its heavyweight expo hitting a record high scale held in Haikou, capital city of south China’s Hainan Province.
Vice Chairman of the Standing Committee of the National People’s Congress Peng Ching Hua revealed that over the past three years, the scale, quality and influence of the expo have been continuously improved.
“The expo has become the largest consumer products exhibition in the Asia-Pacific region, a gathering place for global consumer products and a vane for the consumer market, becoming a name card for the construction of Hainan Free Trade Port,” said Peng in a statement.
The country launched a series of global consumption events on Saturday at the fourth China International Consumer Products Expo in the island province known for its offshore duty-free shopping and free trade port policies.
Lasting from April 13 to 18, the expo, themed “Share Open Opportunities, Co-create a Better Life”, will host over 4,000 brands from 71 countries and regions, showcasing their novel and upmarket products for global consumers.
In addition to the main venue at the Hainan International Convention and Exhibition Center in Haikou, the provincial capital, three sub-venues for sailboats and yachts, duty-free shopping and international health have been set up in Haikou and Boao.
The total indoor exhibition area is expected to reach 128,000 square meters, surpassing its previous editions.
More than 300 themed activities and featured activities such as new product releases will also be carried out.
Ireland is the guest of honor at this year’s expo, with a dedicated exhibition venue showing the country’s scientific and technological innovation, education, investment, tourism and culture. – TVS