Haikou, May 10 (Xinhua): The first International Expo of International Consumer Products of China (CICPE) concluded on Monday in Haikou, the capital of the Hainan Province of China from the south.

A total of 70 countries and regions attended the four-day Expo, and 2,628 brands of less than 1,505 companies from home and abroad participated in the exhibitions. Covering 80,000 square meters, the Expo also attracted more than 240,000 visitors.

The main electronic commerce platforms that include JD Worldwide and Global Tmall also joined the Expo with global brands. Livesthesing rooms earned more than 16 million viewers, with a total turnover of 68 million yuan (around 10.4 million US dollars), Han Shengjian, director of the Hainan International Economic Development Office.

The first group of companies in the sectors, such as fashion, life services, travel services, consumption of services, food, products of Health and jewelry have already been registered in the second cicpe. More than 80 percent of the exhibitors this year expressed the willingness to participate in the second cicpe.

With the still rabid covid-19 pandemic and the world economy continues to drag, the expo. It has provided a new platform so that global companies share the development opportunities presented by the Chinese market and inject a new growth impulse into global economic recovery.

New platform

US The Tapiz of the Luxury Fashion Company was in the first group of Companies to register for the second international consumer products Expo from China on Monday.

"We launched several new products in the exhibition and the visitors were very interested. We have seen the enormous potential of the Chinese market," said Zhou Guanghua, vice president of upholstery.

China was the only important economy in the world to achieve positive growth in 2020, with its GDP 2.3 percent year after year. According to China's Ministry of Commerce, imports of consumer goods grew 8.2 percent by 2020, reaching 1.57 trillion yuan.

"The Expo has brought new opportunities for Global High-end brands to enter and expand the Chinese market," said Swiss ambassador in China Bernardino Regazzoni. "Expo also marks another great step forward in the construction of Hainan's free trade port (FTP) and the acceleration of China's integration into the global economic system."

China in 2018 proposed the establishment of a free trade area in Hainan and began the construction of Hainan FTP last year to build the island in a commercial harbor globally Influent and high level free in the middle of the century.

Hainan has implemented a favorable policy package to facilitate access to the market and further facilitate free trade flows, investment and cross-border capital. According to the provincial government, foreign direct investment in Hainan grew from $ 340 million in 2017 to 3.03 million US dollars in 2020.

"This is our first Exhibition in China. We hope to use the platform to enter the Hainan-tax-free market and reach cooperation with Tax Free companies in China, "said Chilli Zhou, Sales Director of Swiss Luxury Clothing Zimmerli Textile underwear AG Official data show that sales of tax-free stores on the coast in Hainan reached almost 5 billion US dollars in 2020, and it is likely that the industry of Shopping free of taxes on the island becomes 100 billion yuan industry in the coming years, he said privileged information.

China will further expand internal demand and unleash the world's largest consumer market potential, Ales Cervinka, director of the Czech Trade Promotion Agencia

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China Focus: Expo gives boost to Hainan as int'l tourism consumption center

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

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