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Consumption in China to inject confidence in post-pandemic era--China Economic Net


On the first working day after the May Day holidays, which generated travel-related spending with year-on-year growth of 138.1 percent to 113.23 billion yuan ($17.5 billion), consumers in the world s second largest economy now embraced another shopping feast - the first China International Consumer Products Expo (CICPE), which is scheduled in Haikou, capital of South China s Hainan Province from May 7 to 10.
 
In a congratulatory letter to the expo, Chinese President Xi Jinping said the event will provide a global consumer boutique display and trading platform, which is conducive to the sharing of opportunities in the Chinese market by all countries, to the recovery and growth of the world economy, and to provide the world with more high-quality consumer products by China. ....

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Consumption in China to inject confidence in post-pandemic era


SOURCE / ECONOMY
By
Global Times business reporter covering TMT, auto and commercial space sectors.
Zhang Hongpei in Haikou Published: May 06, 2021 10:09 PM Updated: May 06, 2021 10:01 PM
The first China International Consumer Products Expo  Photo: GT
On the first working day after the May Day holidays, which generated travel-related spending with year-on-year growth of 138.1 percent to 113.23 billion yuan ($17.5 billion), consumers in the world s second largest economy now embraced another shopping feast - the first China International Consumer Products Expo (CICPE), which is scheduled in Haikou, capital of South China s Hainan Province from May 7 to 10.
In a congratulatory letter to the expo, Chinese President Xi Jinping said the event will provide a global consumer boutique display and trading platform, which is conducive to the sharing of opportunities in the Chinese market by all countries, to the recovery and growth of the world economy, and to ....

Hainan Island , Hennessy Louis Vuitton , Philippe Pedone , Moet Chandon , Bai Ming , Fabrice Megarbane , Rashid Qureshi , Galeries Lafayette , China International Import Expo , International Development For French , Federation Of The Swiss Watch Industry , Chinese Academy Of International , Ministry Of Commerce , China International Fair For , Suning International , China International Consumer Products Expo , May Day , South China , Hainan Province , Chinese President Xi Jinping , Canton Fair , Guangdong Province , China International Fair , International Development , Global Times , Southwest China ,

Measures unveiled to relax Hainan market access


Measures unveiled to relax Hainan market access
By OUYANG SHIJIA/ZHENG YIRAN |
China Daily |
Updated: 2021-04-09 06:40
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A view of Sanya Bay in Hainan province. [Photo provided to chinadaily.com.cn]
China announced a number of special measures on Thursday aimed at further relaxing market access in the Hainan Free Trade Port, showing the country s drive to further open up to the world.
Officials and experts said the move is part of the government s ongoing efforts to build a testing ground for reforms and pursuing opening-up at higher levels. It is also intended to help build Hainan Island into an internationally influential and high-quality free trade port, which will serve as a new growth engine for both the national and the global economy. ....

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