Haikou, May 5 (Xinhua): The first exhibition of China's international consumption products, which will be held from May 7 to 10 in Hainan province of South China, It will inject a new impulse into the building. of the province of the island at a Center for Consumption of International Tourism.

The four-day exposure, which focuses on high-end consumer products, has attracted the participation of more than 1,300 marks from 69 countries and regions.

cover 80,000 square meters, including 60,000 square meters of international exhibition space with products that include jewelry, food and health products from leading brands. It is expected that the expo will attract more than 20,000 buyers and more than 200,000 visitors.

According to the Provincial Office of International Economic Development, the first batch of 20,000 tickets for the public was sold within four hours over the Internet.

"The Expo will perform direct transactions between global buyers and sellers, it will introduce high quality foreign consumption goods and will compensate for the shortage of home supplies of high-end products" , said Wang Bingnan, Vice Minister of China. of trade.

"The Expo will build a global platform of exhibitions and trade for products of international consumption, propitious to build Hainan in a destination of international tourism consumption," Wang added.

With the expo just around the corner, lots of imported products have been delivered to Haikou, capital of the province of Hainan, in recent days.

Among them is a vehicle G. Patton GX, manufactured in the United States and weighing 3.1 tons, reaching the Xiuding Harbor of Haikou.

"The car is worth 3.8 million yuan (around 580,260 US dollars). Other vehicles from the brands such as Lamborghini, Mercedes-Benz and Rolls-Royce will arrive to the port soon, "said Zak Yuen Lee, President of Kawo International Trading (Hainan) Co., Ltd.

" China is accelerating the construction of the free trade port From Hainan (FTP) and there are many preferential policies, such as tax cuts, which will save us hundreds of thousands of cost yuan, "said Lee, who registered the company in Hainan last year.

China proposed to establish a free trade area in Hainan in 2018 and started the construction of last year of Hainan FTP. On April 8, China published a guide to support facilitation of market access in Hainan FTP. In the last three years, several national and foreign companies have been established in Hainan.

The Hainan Duty Free Market has also been compiling Steam. The official data showed that the tax-free sales of the province may exceed 60 Billion Yuan in 2021, from 30 billion yuan last year, which had doubled from 15 billion yuan in 2019.

To increase your efforts to be built in an international tourism consumption center, since July 1, 2020, Hainan has raised its 30,000 tax free shopping fee yuan at 100,000 yuan per person. The categories of tax-free products have been expanded from 38 to 45, with electronic products, such as mobile phones and portable computers added.

Purchasing of visitors at the exhibition of consumer products will not be included in its annual fee.

Many signatures inverted abroad are observing a great potential in the growth of Hainan FTP consumption.

Blackmores, an Australian health supplement company, has already confirmed its participation in the Expo. You will have an exposure stand of 200 square meters to offer visitors an immersive shopping experience.

"We'll take the OPPO

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