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. Quite the opposite, Beijing continues to facilitate its huge domestic market to foreigners and the China International Consumer Products Expo is a good example.
The expo, which closes on Monday, presents an unprecedented platform to access the Chinese consumer market. Products of companies and brands from 69 countries and regions worldwide were on display. According to the Ministry of Commerce, foreign-funded enterprises and brands were the majority of participants at the event, a testament to the Chinese market's attractiveness and potential for foreign businesses.