HAIKOU, CHINA - Media OutReach Newswire - 15 April 2025 - The fifth China International Consumer Products Expo (CICPE), held on the tropical island pr...
- The fifth China International Consumer Products Expo , held on the tropical island province of Hainan, has reaffirmed the country’s position as a vital marketplace for global enterprises.This year’s expo has drawn record participation from over 4,100 brands across 71 countries and regions, reflecting the expanding international appetite for engagement with China’s vast consumer market and its evolving landscape.
These areas present significant opportunities for both economies, he said, emphasizing the UK’s commitment to deepening economic ties with China. Slovak Deputy Prime Minister Denisa Saková highlighted the expanding trade ties between the two countries. “China is one of our most important trading partners outside the European Union,“ she said. “The growing volume of trade is a testament to the strength and dynamism of our economic relationship.”
“Luxury consumers in China are significantly younger than those in many overseas markets, and that presents a major opportunity for us,“ said Nancy Liu, president of luxury travel retailer DFS China. The company has introduced tailored services to cater to the expectations of these emerging consumer groups.
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