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Island province to use FTP status for more global reach

Island province to use FTP status for more global reach Xinhua | Updated: 2021-05-12 09:27 Share CLOSE A yacht on display at the China International Consumer Products Expo in Haikou, Hainan province, on Friday. [Photo by Zhang Wei/China Daily] China s further opening-up efforts, COVID recovery highlighted in expo HAIKOU-As comprehensive reforms are being deepened and high-level opening-up policies are being put in place, China s southern island province of Hainan is transforming itself into a free trade port for the world. Last June, China released a master plan to build the island into a globally influential and high-level free trade port by the middle of the century. The China International Consumer Products Expo is the latest testament to China s opening-up commitment.

Report: China still priority market for U S firms

1 2021-05-12 08:34:24China Daily Editor : Li Yan ECNS App Download A U.S. cargo ship docks at the Qingdao Port, Shandong province. (Photo by Yu Shaoyue/For China Daily) China remains a priority market for companies from the United States, and wholesale decoupling of the U.S. and Chinese economies is in neither country s economic interest, according to a business report released on Tuesday by the American Chamber of Commerce in China. The group, representing U.S.-based companies and often called AmCham China, called on China and the U.S. to cooperate in areas of global common interest and identify opportunities to strengthen global public health infrastructure in 2021, so that the world is better prepared for the next public health crisis, according the 23rd edition of the American Business in China White Paper .

UN report predicts stronger world economic growth with robust rebounds in China, US

Xinhua | Updated: 2021-05-12 08:43 Share CLOSE Visitors try rowing machines in an exhibition hall of the first China International Consumer Products Expo in Haikou, capital of South China s Hainan province, May 7, 2021. [Photo/Xinhua] UNITED NATIONS, May - A UN report has revised up the world economic growth as a result of robust rebounds in China and the United States, but warned against fragilities in other economies in the context of COVID-19. In its mid-year update of its World Economic Situation and Prospects 2021, which was released in January 2021, the UN Department of Economic and Social Affairs (DESA) now predicts the world economy will grow 5.4 percent in 2021 instead of the 4.7 percent forecast in January 2021.

Report: China still priority market for US firms

Report: China still priority market for US firms By Zhong Nan | China Daily | Updated: 2021-05-12 06:30 Share CLOSE A US cargo ship docks at the Qingdao Port, Shandong province. [Photo by Yu Shaoyue/For China Daily] China remains a priority market for companies from the United States, and wholesale decoupling of the US and Chinese economies is in neither country s economic interest, according to a business report released on Tuesday by the American Chamber of Commerce in China. The group, representing US-based companies and often called AmCham China, called on China and the US to cooperate in areas of global common interest and identify opportunities to strengthen global public health infrastructure in 2021, so that the world is better prepared for the next public health crisis, according the 23rd edition of the American Business in China White Paper .

Consumer products expo in Hainan adds momentum to global economic recovery--China Economic Net

  Against the backdrop of a rampant pandemic and battered world economy, the China International Consumer Products Expo (CICPE) has become a new platform to demonstrate China s willingness to share its market opportunities with the world and contribute to global economic recovery and growth.    The four-day expo, the first-ever focusing on consumer goods held by China, concluded Monday in the southern island province of Hainan.   A total of 70 countries and regions attended the expo, which attracted 2,628 brands of 1,505 enterprises from home and abroad and more than 240,000 visitors.    The expo covers 80,000 square meters, including 60,000 square meters of international exhibition space featuring products including watches, cosmetics, jewelry, automobiles, yachts, clothing, consumer electronics, food and health products of leading brands.

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