Benefiting from policies such as visa-free transit and departure tax refund, "Shopping in China" has become a new choice for many overseas tourists. Luo Yao, store manager of DJI in Beijing APM, said that the "tax refund upon purchase" and other tax refund policies have significantly boosted the store's sales.
Zhou Mi, senior researcher at the Chinese Academy of International Trade and Economic Cooperation, said that against the backdrop of global supply chain fluctuations and inflationary pressures, Chinese products maintain strong price competitiveness that attracts foreign visitors.
After touring a Chinese EV maker, Mark Barnett, global head of Small and Medium Enterprises (SME) at Mastercard, praised its exceptional value for money:"Fantastic product—unparalleled anywhere I've seen." He said he's ready to take one home to the UK—as soon as a right-hand-drive model becomes available.
The eighth China International Import Expo concluded in Shanghai on Monday. During the expo, more than 720 international consumer goods brands were showcased in the exhibition hall of the CIIE consumption pavilion. In April, the Ministry of Commerce and five other departments have jointly launched a series of consumption promotion activities, namely "shopping in China". How to buy what to buy at the CIIE? China Daily has invited executives from foreign companies to serve as chief product recommenders for the CIIE and share their insights with you.
The eighth China International Import Expo is underway in Shanghai from Nov 5 to 10. During the expo, Toshinobu Umetsu, Shiseido China and Travel Retail CEO, said that if he were a traveler to China, he would buy Chinese cultural stuff, including traditional clothes, incense and pictures.
The eighth China International Import Expo is underway in Shanghai from Nov 5 to 10. During the expo, Ian Shih, president of Rockwell Automation China, said that China is very strong in terms of creating use cases.
Denis Depoux, global managing director of Roland Berger, said the "Shopping in China" initiative aims to increase purchasing in China by foreigners and foreign visitors.
Tim Cook, CEO of Apple, shared his admiration for Chinese culture in an interview with China Daily in Shanghai, highlighting the global success of the Chinese doll Labubu.
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