The fourth China International Consumer Products Expo, which was held from April 13 to 18, broke records for scale, as well as for numbers of new products, visitors and exhibited brands.
In the face of China's rapid growth of electric mobility, Volkswagen Group is revving up its investment in the electrification shift in a bid to expand its presence in the Chinese market.
Hainan, a tropical island province in southern China, is experiencing a meteoric rise as a global duty-free shopping destination, attracting a record number of investors and brands to its annual consumer products expo.
China's non-financial outbound direct investment (ODI) came in at 242.92 billion yuan (about 34.2 billion U.S. dollars) in the first quarter of this year, up 12.5 percent year on year, official data showed on Friday.
