Beijing, April 20: Last Saturday, the sixth China International Consumer Products Expo (Hainan Expo) concluded successfully in Haikou, the capital of Hainan Province. Over 3,400 brands from more than 60 countries and regions participated, showcasing 277 new products across 44 launch events. This grand expo, aimed at boosting global trade, provided foreign companies with opportunities amidst emerging consumer trends in China.
Volkswagen Group China’s Vice President Su Pahong highlighted that the vehicles displayed at the expo represent the first model fully developed in China. The company aims to present its latest and best products to consumers. He noted that China’s “15th Five-Year Plan” (2026 – 2030) focuses on two main objectives: high-quality development and transforming high technology into a new engine for economic growth. All foreign-invested enterprises, including Volkswagen Group, are keen to seize opportunities in China and contribute to industrial transformation.
Meanwhile, Singapore’s Osim Group launched its AI-powered wellness chair, offering a comprehensive experience for all five senses. The head of the group’s China brand management, Tsai Yifeng, stated that the company adapts to the health and experiential expectations of Chinese consumers, continuously improving product design to align with China’s growth pace.
Additionally, Chen Qunshi, Business Development Director for Northern Asia at Swiss travel retail giant Avolta, mentioned that the company operates in 70 countries worldwide, bringing products from 12 of those countries this time. He remarked, “The Chinese market is becoming more mature and diverse, encouraging us to offer a wider range of products and better shopping experiences.”
Furthermore, Shwe Tsengyi, Senior Vice President of Thailand’s Charoen Pokphand Group, expressed that if CP Group becomes number one in China, it will also be number one globally. With a consumer market of 1.4 billion people, Chinese consumers seek a higher quality of life that includes diversity, convenience, safety, health, and affordability. This consumer demand presents immense potential.
Jesus Abia, General Manager of Travel Retail Asia Pacific for French L’Oréal Group, emphasized the company’s strong commitment to the Chinese market. He noted that the group will continue to invest in the Hainan market in the coming years, particularly as Shanghai and Beijing airports undergo renovations and new retailers enter the market. This year presents a significant opportunity for L’Oréal to enhance retail experiences at major global aviation hubs.
(Source: China Media Group, Beijing)
My name is Himanshu Tiwari. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including TECHNOLOGY, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
Leave a Comment