Press Nest Africa

Menu
  • Home
  • News
  • Business
  • Political Press
  • Government
  • NGOs
  • BRICS Forum
  • Voices / Opinions
Home News Corporate News from Media OutReach Newswire

Consumer goods expo highlights China’s growing allure for global brands

Media OutReach Newswire by Media OutReach Newswire
April 15, 2025
Consumer goods expo highlights China’s growing allure for global brands
Share on FacebookShare on Twitter


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.

RelatedPosts

Thai Engineering Student’s Journey at CUHK Exemplifies Excellence in Global Healthcare Innovation

Tourism a powerful economic driver in SA and Africa

FGA Trust Appointed as ABC Bank’s Eligible Introducer to Pioneer AI-Driven Wealth Corridor Between Asia and Africa

Wildfires and Floods Caused Billion-Dollar Economic Loss in Asia Pacific in the first quarter of 2025: Aon Report

“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.



Source link

Related Posts

Thai Engineering Student’s Journey at CUHK Exemplifies Excellence in Global Healthcare Innovation
Corporate News from Media OutReach Newswire

Thai Engineering Student’s Journey at CUHK Exemplifies Excellence in Global Healthcare Innovation

May 14, 2025
Tourism a powerful economic driver in SA and Africa
News

Tourism a powerful economic driver in SA and Africa

May 14, 2025
FGA Trust Appointed as ABC Bank’s Eligible Introducer to Pioneer AI-Driven Wealth Corridor Between Asia and Africa
Corporate News from Media OutReach Newswire

FGA Trust Appointed as ABC Bank’s Eligible Introducer to Pioneer AI-Driven Wealth Corridor Between Asia and Africa

May 14, 2025
Wildfires and Floods Caused Billion-Dollar Economic Loss in Asia Pacific in the first quarter of 2025: Aon Report
Corporate News from Media OutReach Newswire

Wildfires and Floods Caused Billion-Dollar Economic Loss in Asia Pacific in the first quarter of 2025: Aon Report

May 14, 2025
Trump moves to gut low-income energy assistance as summer heat descends and electricity prices rise
News

Trump moves to gut low-income energy assistance as summer heat descends and electricity prices rise

May 14, 2025
VinFast collaborates with four Philippine partners for robust service network expansion
Corporate News from Media OutReach Newswire

VinFast collaborates with four Philippine partners for robust service network expansion

May 13, 2025
XTransfer Singapore CEO Violas Xiao Joins Money20/20 Asia’s Panel
Corporate News from Media OutReach Newswire

XTransfer Singapore CEO Violas Xiao Joins Money20/20 Asia’s Panel

May 13, 2025
Public Transport Commuters can use American Express Contactless Cards for Transit Payment from 15 May 2025
Corporate News from Media OutReach Newswire

Public Transport Commuters can use American Express Contactless Cards for Transit Payment from 15 May 2025

May 13, 2025
Next Post
Rhenus Group launches global employer brand: “Empowered by You”

Rhenus Group launches global employer brand: "Empowered by You"

Cerebrill and Partners Champion Next Generation of Chess Talents at the DPulze Cerebrill Aidilfitri FIDE Rated Tournament

Cerebrill and Partners Champion Next Generation of Chess Talents at the DPulze Cerebrill Aidilfitri FIDE Rated Tournament

Des Moines food pantries face spiking demand as the Iowa region’s SNAP enrollment declines

Des Moines food pantries face spiking demand as the Iowa region’s SNAP enrollment declines

Government marks Indigenous Tree Day 

Government marks Indigenous Tree Day 

Recognising Purpose-Driven Excellence: ACES Awards 2025 Opens Nominations for the Philippines’ Most Visionary Leaders and Companies

Recognising Purpose-Driven Excellence: ACES Awards 2025 Opens Nominations for the Philippines’ Most Visionary Leaders and Companies

Recommended.

vivo VLOVE Portrait Gallery Celebrates the Joy of Humanity

vivo VLOVE Portrait Gallery Celebrates the Joy of Humanity

March 5, 2025
Kids Haven Announces Ongoing Partnership with Children’s Wishing Well to Raise Funds and Support Children’s Futures

Kids Haven Announces Ongoing Partnership with Children’s Wishing Well to Raise Funds and Support Children’s Futures

February 10, 2025

Trending.

No Content Available

Publish News, Boost Your PR, SEO, and Business Exposure with SagloMedia's Dedicated Brand Sections

Discover More

News Publications

  • EBNewsDaily
  • South African Business News
  • BetsBulletin SA
  • PressNest
  • EconoNews
  • AfricaBiz Watch

Listing Directories

  • MySouthy
  • BizFinder Directory
  • ListBig
  • SA Companies
  • OutingPlace
  • Rental Kings

Quick Links

  • Home
  • Advertise
  • Publications
  • Company News
  • Privacy Policy
  • Copyright & Takedowns

SagloMedia

  • About us
  • Careers
  • Student Program
  • RSS Feeds
  • Press Code
  • Contact Us

Get In Touch

  • info@saglomedia.co.za
  • Tel: +27 10 880 3950
  • WhatsApp: +27 10 880 3950
  • Johannesburg, South Africa
  • SagloMedia
  • www.saglomedia.co.za
Copyright © 2025 | SagloMedia

Saglohost Web Hosting | Web Hosting South Africa | Web Design Johannesburg | Web Design South Africa | Saglotech | Web Design Company | SEO Company South Africa | SEO Company Johannesburg