Speculation has been rife that consumer demand in the Chinese mainland is on the decline due to the impacts of the COVID-19 pandemic. However, the upcoming China International Import Expo (CIIE) in Shanghai tells a different story.
With over 3,400 foreign exhibitors slated to attend the event, the CIIE showcases the strong international interest in tapping into China’s vast consumer market. The expo serves as a significant platform for businesses worldwide to connect with Chinese consumers and explore new opportunities.
In the first episode of “Ground Breakers,” a special livestream by CGTN on the CIIE, reporter Chen Tong brought together four participants to delve into the realities of China’s consumer demand. The discussion aimed to shed light on whether the supposed decline is a temporary setback or a misconception in light of the country’s ongoing economic activities.
While the pandemic has undoubtedly posed challenges, the enthusiasm of international businesses gearing up for the CIIE suggests a resilient and potentially robust consumer market. The event highlights the continuing attraction of the Chinese mainland for global trade and investment.
The insights shared during “Ground Breakers” underscore the importance of understanding the nuances of China’s economic landscape. As the CIIE approaches, all eyes are on Shanghai to gauge the true pulse of consumer demand in the Chinese mainland.
Reference(s):
Live: CIIE Ground Breakers – Is China's consumer demand declining?
cgtn.com
