An event themed "Longing for Changjiang: Encounter a glimmer of light" was held in Haikou, Hainan province, on Saturday — the closing show of the third China International Consumer Products Expo Fashion Week.

The event featureed intangible cultural elements, such as Li brocade, Li pottery and the beautiful natural scenery of Changjiang Li autonomous county.

Driven by China's offshore duty-free shopping policies in the Hainan Free Trade Port, and soaring demand for premium and diversified alcohol products, Remy Cointreau Group, the French spirits company, will introduce more products and expand its sales in duty-free channels in the country's lucrative market, said a senior executive.

With growing middle-income earners and their increasingly discerning tastes, China's rising consumption of spirits like cognac and whiskey will push multinational corporations like Remy Cointreau to invest more in this market to meet local demand, said Sophie Phe, CEO of Remy Cointreau China.

HAIKOU -- The third China International Consumer Products Expo (CICPE), which concluded on Saturday in Haikou, saw a record number of visits, said the organizer.

Over 320,000 visits were made during the six-day expo, compared with 280,000 registered last year.

Offshore duty-free shopping in Hainan province has become key to boosting consumption upgrade in China, with the duty-free sector playing a significant role in supporting the backflow of international spending into Hainan.

Domestic retailer Wangfujing Group just opened its Wangfujing International Duty-free Port in Wanning, Hainan in early April.

ISTANBUL - The third China International Consumer Products Expo (CICPE) provides excellent opportunities for global companies to explore the Chinese market, a Turkish business person said.

"There has been a tremendous demand for the expo. The interest is beyond our expectations," Coskun Simsek, head of the China Trade Center in Istanbul, told Xinhua in a recent interview.

BEIJING -- For Stefania Lazzaroni, general manager of Italy's luxury brands committee Altagamma, the third Hainan expo presents "an amazing opportunity, and we really want to have the occasion to illustrate and tell the story of the amazing beauty of our brands."

As part of China's campaign to bolster consumption, the event, officially known as the China International Consumer Products Expo, held from Monday to Saturday in Haikou in South China's Hainan province, has attracted over 3,100 brands from 65 countries and regions.

The third China International Consumer Products Expo is ongoing in Haikou of Hainan province, with participators confident in Chinese consumption and wanting to obtain more opportunities in China.

Foreign visitors were dazzled by exhibits from home and abroad at a consumer products expo which is being held in Haikou, South China's Hainan province.

The third China International Consumer Products Expo runs until Saturday. Exhibitors representing over 3,300 brands from 65 countries and regions attended the fair.

HAIKOU -- For enterprises globally, China's consumer products expo has provided a springboard to enter this unmissable market, giving a much-needed boost to COVID-dented global business confidence.

As a first-time exhibitor at the China International Consumer Products Expo, Masashi Nanase, assistant manager of Japanese company Fujiya Corporation, was excited to see exhibition booths dotted with visitors.

With the entry into the post-pandemic era and the roll-out of measures meant to boost consumption across the country, China's consumer market has recovered steadily, with the building of differentiated consumption scenarios and innovation of forward-looking products emerging as new engines of growth, according to two reports unveiled at the Global Consumption Forum of the ongoing third China International Consumer Products Expo in Hainan province.

Brands need to adapt to the prevailing forces of change to transition towards real sustainable business models in the next five years, according to the 2023 Consumer Outlook and the Brand Playbook: The Changing Climate of Sustainability, which were released by NIQ, a global leader in consumer research and retail monitoring services.

The "she-economy" is unleashing its consumption potential at the third China International Consumer Products Expo, the China Youth Daily reported on Thursday.

For every three lipsticks exported from France, one is bought by Chinese consumer, said Fabrice Megarbane, president of L'Oreal North Asia Zone and CEO of L'Oreal China.

ISTANBUL -- Hosting the third China International Consumer Products Expo with tremendous global participation has proven that China will play a bigger role in the new digital world, a Turkish analyst has said.

"A number of global institutions and governments have revised their growth forecasts for China's economy upwards," Murat Tufan, an analyst with Turkish broadcaster Ekoturk, told Xinhua in a recent interview.

Diversified consumer products shine at the third China International Consumer Products Expo in Haikou, Hainan province.

From Yachts, 3D printers and drones to diamonds, liquor and artwork, visitors can be wowed by the products they are able to see at the expo.

HAIKOU -- Paolo Bazzoni, chairman of the China-Italy Chamber of Commerce, said the Chinese market is full of opportunities and expected Italian companies to tap further into the world's second-largest consumer market.

More Italian companies will approach the Chinese market if favorable circumstances remain, Bazzoni said in an exclusive interview with Xinhua during the third China International Consumer Products Expo.

Major Italian companies said since they strongly believe that China will continue to be a critical growth engine and global innovation hub, they will continue to increase investments in the country's massive market.

Top executives of Italian companies made the remarks at the ongoing Third China International Consumer Products Expo in Haikou, capital of Hainan province. The expo will close on Saturday.

As China's economy recovers, Chinese consumers grow more willing to spend. Retail sales for consumer goods went up in Jan-Feb this year and sales revenue of consumption-related industries rose 12.2 percent year-on-year during the 2023 Spring Festival.

These figures indicate a good start for the consumer economy in 2023, and a greater share of consumption in economic growth.

As a medium linking China to the world, the spillover effect of China International Consumer Products Expo continues to grow, Economic Information Daily reported on April 12, the third day of the ongoing CICPE in Hainan province.

More global investors are swarming to Hainan, seeking to deepen their cooperation with Hainan Free Trade Port, including Singaporean Wilmar International, Capitaland and Changi Airport Group, according the Hainan Provincial Bureau of International Economic Development.

Green, high-tech products shine at the ongoing China International Consumer Products Expo, which lasts from April 10 to 15 in Haikou, Hainan province. The concept of carbon reduction and sustainable development has been integrated into all aspects of the exhibition, including hall construction, catering, travel, data management, etc.

The 2023 China International Consumer Products Expo kicked off in Haikou, South China's Hainan province on Monday, with more than 3,300 products from 65 countries and regions on display at the six-day event.

Chinese luxury fashion brand GRACE CHEN showcased over 50 sets of work from their "The Splendor of Chinese Literature" collection at the opening show.

Encouraged by the huge potential of the China market, major foreign luxury and consumer products companies said they will continue to increase investments in the Hainan Free Trade Port, which, in turn, will help further develop international brands.

Such companies' top executives made the remarks during the ongoing Third China International Consumer Products Expo in Haikou, capital of the southern island province of Hainan.