The 4th China International Consumer Goods Expo will be the largest in its history
The 4th China International Consumer Goods Expo, scheduled to be held from April 13 to 18 in Haikou City /adm. center of Hainan Province, South China/, will occupy an exhibition area of 128,000 sq. m., which is larger than that of previous events. Hainan, South China/, will occupy an exhibition area of 128 thousand square meters, which is larger than the area of a similar zone in the framework of previous events.
Representatives of more than 3,000 brands from 59 countries and regions of the world will take part in the exhibition, thanks to the implementation of the visa-free entry policy from these countries and regions to Hainan Province, Hainan said Wednesday. Hainan, said Sheng Qiuping, vice minister of commerce of the People's Republic of China, at a press conference on Wednesday.
According to him, China's retail sales of consumer goods, which is the main indicator of the country's consumer power, rose 5.5 percent year-on-year in the first two months of this year and reached 8.13 trillion yuan / about $1.15 trillion/, demonstrating the country's sustainability. This demonstrates the stability and vitality of the Chinese consumer market.