China's dual circulation strategy is now in full swing, fueling high-quality development on the Chinese mainland. The 5th China International Consumer Products Expo (CICPE) in Haikou, Hainan Province, from April 13 to 18, stands as the Asia-Pacific region's largest premium consumer goods expo. Over 4,100 brands from 71 countries and regions—including 65 Fortune Global 500 companies—are coming together to showcase the latest in consumer trends and high-quality offerings.
This year, the expo introduces a groundbreaking "Consumption Tech Zone," where innovations like new energy vehicles, AI-powered devices, and humanoid robots steal the spotlight. It feels like stepping into a futuristic tech fair, merging creativity with state-of-the-art technology!
But CICPE is more than a trade show—it’s a dynamic platform bridging the domestic market with global demand. By accelerating inbound and outbound business opportunities, it exemplifies how China's dual circulation strategy is boosting domestic consumer confidence while empowering popular Chinese brands to expand globally.
In a global landscape challenged by protectionist moves, such as the recent reciprocal tariff proposals from the White House, the Chinese mainland is steering a different course. By upholding WTO principles and strengthening multilateral trade networks through initiatives like the Regional Comprehensive Economic Partnership and the Belt and Road Initiative, China is building a resilient, open, and innovative economic future.
Taken together, these transformative moves are driving impressive industrial upgrades and setting the stage for a new era of high-quality growth and global consumer innovation. Stay tuned as we watch this exciting journey unfold! 🚀
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Dual circulation strategy fuels China's high-quality development
cgtn.com
