China is turbocharging the pilot use of digital currency nationwide through an array of campaigns to boost consumption.
The China International Consumer Products Expo currently underway in Haikou, capital of Hainan province, formally opens to the public on Monday, People's Daily reported.
Guests deliver speeches at the Global Consumption Innovation & Duty Free and Travel Retail Conference during the first China International Consumer Products Expo in Haikou, South China's Hainan province, on May 7, 2021.
China's effective containment of the COVID-19 pandemic and progress in vaccination have greatly boosted people's enthusiasm for domestic travel during the May Day holiday lasting from Saturday to Wednesday.
China will leverage the advantages of the Hainan Free Trade Port, featuring comprehensive and deepened reform as well as high-level experimental opening-up policies, to deepen bilateral, multilateral and regional cooperation and join hands with all parties to create a better future for mankind, President Xi Jinping said on Thursday.
The inaugural China International Consumer Products Expo is highly anticipated by international businesses, especially high-end brands, Xinhua reported on Tuesday.
The first China International Consumer Products Expo is set to take place at Haikou International Convention and Exhibition Center, Hainan from May 7 to 10. Overseas brands will dominate the expo, taking up 80 percent of the total exhibition area.