Consumer goods expo highlights China's growing allure for global brands
HAIKOU, CHINA - Media OutReach Newswire - 15 April 2025 - The fifth China International Consumer Products Expo (CICPE), held on the tropical island province of Hainan, has reaffirmed the country's position as a vital marketplace for global enterprises.
The high-tech exhibits and beachside fashion shows at the 5th CICPE.
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.
The UK, this year's guest country of honor, brought 27 companies spanning fashion, beauty, and other fields. Flagship brands like Burberry and Bentley showcased their latest offerings, with a strong emphasis on green technology and sustainable development.
"I have seen the tremendous innovation and growth taking place within China's economy in recent years, not least in digital technologies, life sciences and green energy," said Douglas Alexander, minister of state of the UK's Department for Business and Trade.
These areas present significant opportunities for both economies, he said, emphasizing the UK's commitment to deepening economic ties with China.
Burberry Greater China President Josie Zhang noted the value of the expo in facilitating foreign firms to engage with local partners. "By deepening cooperation with various stakeholders, we aim to explore new market opportunities and achieve mutual growth," she said in a written interview.
Slovakia also made a notable debut with its first-ever national pavilion. Andrea Jancekova, CEO of Slovak brand Truscada, praised the expo's global reach. "You can have a good connection also with people from all over the world."
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."
Among the newcomers was Japan's Eda Livestock Co., Ltd., known for its premium Wagyu beef. "We plan to establish a foreign trade company in Hainan as our strategic entry point into the Chinese market," said Rei Tanaka, the firm's chief operating officer, who participated in the CICPE for the first time.
This year's expo also gathered an array of top-tier global luxury brands. Richemont's TimeVallée debuted as an independent exhibitor, while LVMH and Kering Group brands made notable appearances, reflecting confidence in China's premium consumption growth.
"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.
Beyond luxury, sectors like automotive and technology are repositioning China from being a mere sales destination to a research and innovation hub.
As the co-organizer of the 5th China International Consumer Products Expo, the Hainan Provincial Bureau of International Economic Development stated that, amid China's technological innovation momentum, this year's expo for the first time introduced dedicated zones for artificial intelligence and the low-altitude economy, showcasing cutting-edge technologies and products from leading tech companies around the world.
"Since 2020, Volkswagen has invested over 10 billion euros in China. In particular, we have established a research and development center in China in 2023, the largest outside Germany," said Su Bahong, vice president of Volkswagen Group China. "This shows the trend where China is becoming the global technological innovation hub."
Hashtag: #CICPE
The issuer is solely responsible for the content of this announcement.
Refined upper-upscale brand is tailored for 120–300 key properties in prime urban and resort locations, delivering market-relevant experiences enriched by Dusit’s signature Thai-inspired gracious...
HONG KONG SAR - Media OutReach Newswire - 14 July 2025 - Cushman & Wakefield, a leading global real estate services firm, has won the Gold Prize in the Integrated Marketing category at the 1...
CHANGSHA, CHINA - Media OutReach Newswire - 11 July 2025 - On July 8, the exhibition "Encountering Pompeii: The Eternal City" opened at the Hunan Museum's Special Exhibition Hall 1. It is jointly ...
HEFEI, CHINA - Media OutReach Newswire - 11 July 2025 - On July 10, Anhui officially released the teaser for the upcoming 2025 World Manufacturing Convention, setting the stage for this premier ga...
SHENZHEN, CHINA - Media OutReach Newswire - 14 July 2025 - The inaugural promotion event for the 2025 Global Artificial Intelligence Machines and Electronics Expo (AIE) was held in Shenzhen, a ...
Affirming Its Pioneering Role in Realising Vietnam’s National Digital Asset Policy
Over 20 investment fund leaders and 20 top companies in attendance...
SINGAPORE - Media OutReach Newswire - 15 July 2025 - Datumstruct, a provider of critical facilities solutions across Asia, has announced the revamp of its Singapore experience centre (XC 2.0)...
MANILA, PHILIPPINES - Media OutReach Newswire - 15 July 2025 - With nearly 19,000 electric vehicles sold in 2024, the Philippines is looking to catch up in Southeast Asia’s EV race as ecosystem pl...
SINGAPORE - Media OutReach Newswire - 15 July 2025 - Aon plc (NYSE: AON), a leading global professional services firm, has released the Asia Pacific (APAC) findings from its 2025 Cyber Risk Repor...
Group enters Osaka with two Far East Village Hotels in Namba South and Honmachi districts, reinforcing its commitment to double its footprint to 2000 rooms in Japan.
SINGAPORE - Media OutReach New...