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CIPCE to boost Pak products in China

ISLAMABAD    –  China International Consumer Products Expo (CIPCE) that is a regular process will provide great opportunities to Pakistani businessmen to attract Chinese market.

Gwadar Pro quoting government officials reported on Thursday that the first CIPCE focuses on the strategy of expanding domestic demand, bases on the location advantages of Hainan Free Trade Port, and aims to connect domestic and international markets.

The officials stated this as China announced that it will hold such an expo in Haikou from May 7 to 10. Around the construction of Hainan international tourism consumption centre, the expo will not only provide exhibition and trading opportunities for consumer products from various countries to enter the Chinese market, but also create a platform for high-quality products from China and other countries to sell globally, said Shen Danyang, Executive Vice-Governor of Hainan.

It is expected to be the largest consumer products exposition in the Asia-Pacific region, according to organizers.

The expo’s international exhibition area will cover 60,000 square meters, accounting for 75 percent of the total venue area. It features 1,165 brands by 630 exhibitors from 69 countries and regions, with Switzerland serving as guest country of honour.

During the exhibition period, overseas exhibits of a certain quantity and a certain amount can enjoy duty-free import and sale, said Han Shengjian, director-general of Hainan Provincial Bureau of International Economic Development.

Different from the off-shore tax exemption policy for Hainan FTP, both tourists, island residents, and people participating in the expo can all enjoy the tax exemption policy during the expo.

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