In addition, the quality of the exhibitions is improving. Especially, more attention has been paid to the marketization, internationalization and specialization of the exhibitions.
Ireland is the guest of honor at this year’s expo, with a dedicated exhibition venue showing the country’s scientific and technological innovation, education, investment, tourism and culture.
“China is our largest trading partner in the Asia Pacific. Many of our companies will be represented at the Hainan consumer products expo,” Irish Deputy Prime Minister and Minister for Foreign Affairs Micheal Martin said in a congratulatory letter to the expo, adding that international expos like this one give Irish producers an important and direct platform to promote their high-quality produce.
Ann Derwin, Ireland’s ambassador to China, said the economic and trade exchanges between the two countries are strong.
In 2022, the total bilateral trade reached over 45 billion euros, a 28 percent year-on-year increase, she said.
“Free Trade Zones, such as Hainan Free Trade Port, are an important element and driver of this system as they allow greater freedom and incentives to companies wishing to trade globally,” she added.
Israel Alexander Assa, Estée Lauder Companies Travel Retail Global President, said that Hainan has made significant progress in developing its duty-free sector in recent years, with improvements in shopping policy and retail infrastructure and the company remains optimistic about the sector’s long term future.
In the first two months of this year, retail sales of consumer goods totaled 8.1 trillion yuan (about 1.14 trillion U.S. dollars), an increase of 5.5 percent year on year.
“This fully reflects the strong resilience and vitality of China’s consumer market, and also lays a foundation for stable consumption throughout the year,” said Vice Minister of Commerce Sheng Qiuping.
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