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.
The first China International Consumer Products Expo has provided a new platform for global enterprises to showcase their quality products and share the development opportunities brought by the Chinese market.
The first China International Consumer Products Expo (CICPE) concluded on Monday in Haikou, the capital of South China's Hainan province.
Here is all you need to know about the first China International Consumer Products Expo.
China is the world's most promising consumer market with a population of 1.4 billion and over 400 million middle-income people. With per capita GDP exceeding $10,000 last year, the country has entered an important stage of consumption upgrading.
Streets around the Hainan International Convention and Exhibition Center in Haikou, capital of South China's Hainan province have been decorated by colorful flowers such as globe amaranth, French marigold and plums for the first China International Consumer Products Expo from May 7 to 10.
The first China International Consumer Products Expo opened in Haikou, Hainan province on May 7. Check out the video to see the highlights!
The inaugural China International Consumer Products Expo will be a bridge for global brands to enter the Chinese market via Hainan, providing unlimited business opportunities to overseas enterprieses.