Foreign giants gather in Hainan to be optimistic about new opportunities in China's consumer market
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On April 13th, the Ministry of Commerce (MOC) held a roundtable on foreign-funded consumer goods companies in Haikou, listening to the concerns, requests and suggestions of foreign-funded companies in China. Sheng Qiuping, Deputy Minister of Commerce, chaired and addressed the meeting. Batel, Executive Vice Governor of Hainan Province, attended and addressed the meeting. 15 foreign-funded companies participated in the conference, including Amway, Danone, L’Oréal, Porsche, and Volkswagen. Relevant departments of Hainan Province and relevant departments and bureaus of the Ministry of Commerce participated in the meeting and had discussions with the companies.
Sheng Qiuping said that China is promoting high-quality development, accelerating the development of new and high-quality productivity, continuously optimizing the business environment, and providing quality service guarantees for foreign-funded enterprises. China's consumer market has great potential and space. With the implementation of policies to promote consumption, such as encouraging consumers to trade in old consumer goods for new ones, new potential will continue to be released, which will bring new development opportunities for Chinese and foreign companies. Multinational companies are welcome to actively invest in China and achieve mutual benefit and common prosperity through open cooperation.
Foreign enterprises participating in the meeting said that the Chinese market has huge potential and they are full of confidence in the prospects of China's economic development.They will firmly invest in China and meet the demand of Chinese consumers for high quality consumption.