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Commentary: China/Consumer Products Expo
Beijing, China - April 20, 2025 (CCTV - No access Chinese mainland)
1. Screenshot of The Real Point commentary
Haikou City, Hainan Province, south China - April 2025 (CCTV - No access Chinese mainland)
2. Aerial shots of venue of China International Consumer Products Expo 2025 (CICPE)
Beijing, China - April 20, 2025 (CCTV - No access Chinese mainland)
3. Quotes from The Real Point commentary
FILE: Haikou City, Hainan Province, south China - April 11, 2023 (CCTV - No access Chinese mainland)
4. Visitors at CICPE
5. Various of food on display
Beijing, China - April 20, 2025 (CCTV - No access Chinese mainland)
6. Quote from The Real Point commentary
Haikou City, Hainan Province, south China - April 16, 2025 (CCTV - No access Chinese mainland)
7. Banner reading "Country and Region Comprehensive Pavilions"
8. Various of exhibition booths, visitors
Beijing, China - April 20, 2025 (CCTV - No access Chinese mainland)
9. Quote from The Real Point commentary
Haikou City, Hainan Province, south China - Recent (CGTN - No access Chinese mainland)
10. Visitors at CICPE
11. Various of visitors trying personal care products
Beijing, China - April 20, 2025 (CCTV - No access Chinese mainland)
12. Quotes from The Real Point commentary
FILE: Hainan Province, south China - Date Unknown (CCTV - No access Chinese mainland)
13. Interior of Haikou International Duty Free Shopping Complex
14. Various of duty-free stores, shoppers
Beijing, China - April 20, 2025 (CCTV - No access Chinese mainland)
15. Quote from The Real Point commentary
FILE: Hainan Province, south China - May 2023 (Hainan Broadcasting Group - No access Chinese mainland)
16. Aerial shot of duty-free shopping mall exterior
17. People queuing to enter mall
FILE: Hainan Province, south China - Date unknown (CCTV - No access Chinese mainland)
18. Customers at duty-free shopping mall
FILE: Hainan Province, south China - Date Unknown (Sansha Satellite TV - No access Chinese mainland)
19. Aerial shots of bridge, cityscape
The 5th China International Consumer Products Expo (CICPE) is a proof of China taking concrete actions in fulfilling its promise for opening up, according to a commentary published by a Chinese language media outlet, The Real Point, on Saturday.
An edited English version of the commentary is as follows:
At a time when trade protectionism is on the rise and the United States abusing tariffs is impacting economic globalization, the 5th CICPE, with the theme of "share open opportunities, co-create a better life," holds even greater significance.
During the six days (from April 13 to 18), the expo attracted the participation of a record-breaking 1,767 companies and 4,209 consumer brands from 71 countries and regions, seeing 92 billion yuan (about 12.6 billion U.S. dollars) in intended deals. In addition, hundreds of firms have already signed up for the next session. All these have demonstrated the appeal of the Chinese market.
Where does such attractiveness come from?
Many overseas exhibitors participating in the expo noted that what they valued most was the opportunities brought about by China's consumer market expansion.
Data has shown that in 2024, China's total retail sales of consumer goods hit 48.8 trillion yuan, up 3.5 percent year on year. This has made China the world's second-largest consumer goods market and the largest online retail market for more than a decade.
Thailand's Charoen Pokphand Group who has taken part in the event for five years presented more than 200 products this year. It also signed a large deal worth 4.38 billion yuan on the opening day.
Zhang Shuhui, senior president of Charoen Pokphand Group's Agro-industry and Food Business China Area, said the company always has faith in Chinese market; and the potentials of China's consumer market and the country's policy of continuously expanding opening up are important reasons why they participate CICPE and invest in China.
Meanwhile, as China accelerates the development of new quality productive forces, its consumer market is constantly renewing and upgrading, injecting new impetus into the growth of foreign enterprises in the country.
The Global Innovation Index 2024, released by the World Intellectual Property Organization, ranks China 11th among the world's most innovative economies.
As one of the countries that have made the fastest progress in terms of innovation over past ten years, China set up a consumer technology section for the first time at this year's CICPE, aiming to boost enterprises' long-term innovative development.
Boston Scientific exhibited five innovative products, which cover weight management and tumor intervention, hoping to stimulate China's health consumption demand with innovative supplies.
Germany's Volkswagen Group (China) displayed 11 car models, showcasing its long-term commitment and firm confidence in the Chinese market.
The year 2025 is when the free trade port (FTP) in south China's Hainan Province will officially begin independent customs operations. This means, people can enjoy a series of favorable policies, including duty-free policy, in Hainan where the CICPE was held.
Such measures are expected to introduce more quality products to the island province, turning it into the forefront of opening up.
The combination of CICPE and FTP has attracted an increasing number of exhibitors to invest in Hainan.
Noting that their Yalong Bay project was signed in Hainan last year, Nancy Liu, president of DFS China, said that it is the company's largest single investment in the past six decades, which will help them to better seize the unparalleled opportunities of consumption upgrade in China.
Vincent Boinay, L'Oreal's North Asia Zone President and China CEO, believes that China's high-quality development and high-level opening up have brought broad opportunities for foreign investment, with Hainan being a vivid epitome.
Following the conclusion of the CICPE, the China Import and Export Fair, also known as the Canton Fair, is now in full swing. Other international expos, such as China International Supply Chain Expo, China International Fair for Trade in Services and China International Import Expo are on their way.
China has been fulfilling its commitment with concrete actions – the door for opening up will be wider and wider. For foreign capitals, it is obvious where their opportunities and future are.
Commentary: China/Consumer Products Expo
Dateline : April 20, 2025/Recent
Location : China
Duration : 2'01
Beijing, China - April 20, 2025 (CCTV - No access Chinese mainland)
1. Screenshot of The Real Point commentary
Haikou City, Hainan Province, south China - April 2025 (CCTV - No access Chinese mainland)
2. Aerial shots of venue of China International Consumer Products Expo 2025 (CICPE)
Beijing, China - April 20, 2025 (CCTV - No access Chinese mainland)
3. Quotes from The Real Point commentary
FILE: Haikou City, Hainan Province, south China - April 11, 2023 (CCTV - No access Chinese mainland)
4. Visitors at CICPE
5. Various of food on display
Beijing, China - April 20, 2025 (CCTV - No access Chinese mainland)
6. Quote from The Real Point commentary
Haikou City, Hainan Province, south China - April 16, 2025 (CCTV - No access Chinese mainland)
7. Banner reading "Country and Region Comprehensive Pavilions"
8. Various of exhibition booths, visitors
Beijing, China - April 20, 2025 (CCTV - No access Chinese mainland)
9. Quote from The Real Point commentary
Haikou City, Hainan Province, south China - Recent (CGTN - No access Chinese mainland)
10. Visitors at CICPE
11. Various of visitors trying personal care products
Beijing, China - April 20, 2025 (CCTV - No access Chinese mainland)
12. Quotes from The Real Point commentary
FILE: Hainan Province, south China - Date Unknown (CCTV - No access Chinese mainland)
13. Interior of Haikou International Duty Free Shopping Complex
14. Various of duty-free stores, shoppers
Beijing, China - April 20, 2025 (CCTV - No access Chinese mainland)
15. Quote from The Real Point commentary
FILE: Hainan Province, south China - May 2023 (Hainan Broadcasting Group - No access Chinese mainland)
16. Aerial shot of duty-free shopping mall exterior
17. People queuing to enter mall
FILE: Hainan Province, south China - Date unknown (CCTV - No access Chinese mainland)
18. Customers at duty-free shopping mall
FILE: Hainan Province, south China - Date Unknown (Sansha Satellite TV - No access Chinese mainland)
19. Aerial shots of bridge, cityscape
The 5th China International Consumer Products Expo (CICPE) is a proof of China taking concrete actions in fulfilling its promise for opening up, according to a commentary published by a Chinese language media outlet, The Real Point, on Saturday.
An edited English version of the commentary is as follows:
At a time when trade protectionism is on the rise and the United States abusing tariffs is impacting economic globalization, the 5th CICPE, with the theme of "share open opportunities, co-create a better life," holds even greater significance.
During the six days (from April 13 to 18), the expo attracted the participation of a record-breaking 1,767 companies and 4,209 consumer brands from 71 countries and regions, seeing 92 billion yuan (about 12.6 billion U.S. dollars) in intended deals. In addition, hundreds of firms have already signed up for the next session. All these have demonstrated the appeal of the Chinese market.
Where does such attractiveness come from?
Many overseas exhibitors participating in the expo noted that what they valued most was the opportunities brought about by China's consumer market expansion.
Data has shown that in 2024, China's total retail sales of consumer goods hit 48.8 trillion yuan, up 3.5 percent year on year. This has made China the world's second-largest consumer goods market and the largest online retail market for more than a decade.
Thailand's Charoen Pokphand Group who has taken part in the event for five years presented more than 200 products this year. It also signed a large deal worth 4.38 billion yuan on the opening day.
Zhang Shuhui, senior president of Charoen Pokphand Group's Agro-industry and Food Business China Area, said the company always has faith in Chinese market; and the potentials of China's consumer market and the country's policy of continuously expanding opening up are important reasons why they participate CICPE and invest in China.
Meanwhile, as China accelerates the development of new quality productive forces, its consumer market is constantly renewing and upgrading, injecting new impetus into the growth of foreign enterprises in the country.
The Global Innovation Index 2024, released by the World Intellectual Property Organization, ranks China 11th among the world's most innovative economies.
As one of the countries that have made the fastest progress in terms of innovation over past ten years, China set up a consumer technology section for the first time at this year's CICPE, aiming to boost enterprises' long-term innovative development.
Boston Scientific exhibited five innovative products, which cover weight management and tumor intervention, hoping to stimulate China's health consumption demand with innovative supplies.
Germany's Volkswagen Group (China) displayed 11 car models, showcasing its long-term commitment and firm confidence in the Chinese market.
The year 2025 is when the free trade port (FTP) in south China's Hainan Province will officially begin independent customs operations. This means, people can enjoy a series of favorable policies, including duty-free policy, in Hainan where the CICPE was held.
Such measures are expected to introduce more quality products to the island province, turning it into the forefront of opening up.
The combination of CICPE and FTP has attracted an increasing number of exhibitors to invest in Hainan.
Noting that their Yalong Bay project was signed in Hainan last year, Nancy Liu, president of DFS China, said that it is the company's largest single investment in the past six decades, which will help them to better seize the unparalleled opportunities of consumption upgrade in China.
Vincent Boinay, L'Oreal's North Asia Zone President and China CEO, believes that China's high-quality development and high-level opening up have brought broad opportunities for foreign investment, with Hainan being a vivid epitome.
Following the conclusion of the CICPE, the China Import and Export Fair, also known as the Canton Fair, is now in full swing. Other international expos, such as China International Supply Chain Expo, China International Fair for Trade in Services and China International Import Expo are on their way.
China has been fulfilling its commitment with concrete actions – the door for opening up will be wider and wider. For foreign capitals, it is obvious where their opportunities and future are.
ID : 8424796
Published : 2025-04-20 14:36
Last Modified : 2025-04-20 20:02:01
Source : China Central Television (CCTV)
Restrictions : No access Chinese mainland
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