Global exhibitors gearing up to show new products at 7th CIIE

China

Global exhibitors gearing up to show new products at 7th CIIE

2024-10-06 14:18 Last Updated At：17:17

With the seventh China International Import Expo approaching, global exhibitors are gearing up to showcase their most exciting new products at the event in Shanghai starting Nov 5.

According to the CIIE Bureau, more than 70 countries and international organizations have confirmed their participation in the country exhibition section of the CIIE. Norway, Slovakia, Benin, Burundi, Madagascar and UNICEF will participate for the first time, and the total number of exhibitors in the section is expected to exceed that of the sixth CIIE.

In recent days, at the Argentine National Pavilion of the China International Import Expo (CIIE) Perennial Exhibition and Trading Center, Argentine exhibitors have already debuted nearly 10 new products they will bring to the expo for the first time, including cooking oils, beef, seafood, and highly caffeinated teas.

"Going into new types of products here for the Chinese consumers like olive oil, like mate tea which is one of our main teas that we drink, and at the same time we're looking to expand to other types of products just like leather products or more fashionable products that still we are developing here in China," said Federico Nahuel Lopez Brusau, Commercial Consul of the Consulate General of the Argentine Republic in Shanghai.

Turkish businessman Ramazan has participated in the CIIE for several consecutive iterations. During this year's expo, he will also showcase new products.

"We have two kinds of food and beverage. [For] food, actually we are focusing on Turkish dry fruits and beverages [from Türkiye]," said Ramazan.

Ramazan has been engaged in the import and export of traditional commodities in China for 15 years. He stressed that the import expo has created a platform for exchanges between China and the world, and he has great confidence in the future of the Chinese market. Currently, he is intensifying negotiations and cooperation and plans to bring China's new energy products to Türkiye before 2025.

"We will be soon [be involved in] the new energy systems solutions for home or car or battery safe systems. We are focusing and we have already [been working] with one Chinese company, Xinyi Electric Corporation for Türkiye and China. We will distribute this company in Türkiye beginning in 2025, so I think this is also some of the future business," he said.

National Day holiday sees booming consumption due to various stimulus measures

2024-10-06 16:23 Last Updated At：16:37

As the National Day holiday is coming to an end, the long break has revitalized urban commercial areas, with trade-in programs for consumer goods and multiple cultural and sports events attracting considerable crowds, resulting in a bustling consumer market across various regions.

The National Day holiday, starting on October 1 and known as a "Golden Week," is one of China's largest annual public holidays.

During the first five days of the holiday, an average of around 300 million trips were made daily, with bustling crowds at major scenic spots and museums. Nationwide, ticket bookings increased by over 37 percent compared to last year.

In Chengdu City of southwest China's Sichuan Province, naked-eye 3D experience program has attracted hordes of consumers.

"I took my child to experience it and hope that he can feel the charm of technology through these experiences," said Luo Zhiyong, a local in Chengdu City.

In the first four days of the National Day holiday, Beijing's 60 key commercial districts recorded a foot traffic of 26.969 million, marking a year-on-year increase of 20.9 percent. In east China's Jiangsu Province, key retail enterprises achieved cumulative sales of approximately 2.06 billion yuan (about 293.5 million U.S. dollars), a year-on-year increase of 13.5 percent. Key commercial areas in cities like Chengdu and Hangzhou also showed significant growth in both foot traffic and sales.

During the National Day holiday, various regions accelerated the promotion of trade-in programs for consumer goods, boosting the consumption of bulk commodities. The government allocated 60 billion yuan in subsidies for these trade-in initiatives, stimulating the holiday economy and invigorating market activity.

To ensure that consumers nationwide receive the freshest agricultural products from northwest China's Xinjiang Uygur Autonomous Region, China Post has utilized a green transport channel for fresh produce, helping local geographical indication (GI) products reach markets across the country.

"We primarily use air freight and express rapid delivery to transport our walnuts from Yecheng County to major cities within two to three days, ensuring that people can enjoy the freshest walnuts available," said Yan Qiang, general manager of China Post Xinjiang Yecheng County Branch.