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China launches event in Hangzhou to expand imports, boost consumption

China

China

China

China launches event in Hangzhou to expand imports, boost consumption

2026-03-16 03:15 Last Updated At:13:28

China launched the second event of its 2026 "Big Market for All: Export to China" campaign in Hangzhou City of east China's Zhejiang on Sunday, as part of the country's broader push to expand imports and tap the purchasing power of its vast consumer market.

The three-day event, co-hosted by China's Ministry of Commerce and the People's Government of Zhejiang Province, is bringing together global brands, importers and consumers under one roof.

Minister of Commerce Wang Wentao attended the launch ceremony of the event and delivered an address.

More than 1,000 imported products are on display, from food and consumer goods to advanced industrial components.

The campaign aims to turn China's massive market into a gateway for global products, according to officials.

"The event highlights China's determination to independently expand unilateral and self-reliant opening-up. It is also China's active response to the needs of its global trading partners and our practical step to work together with them to grow the pie of international trade," said Xiao Lu, deputy director of the Department of Foreign Trade at the Ministry of Commerce.

Nearly 100 import-focused companies are taking part, showcasing products and exploring opportunities in China's fast-growing consumer market.

"We have selected popular product choices favored by Chinese tourists who have visited Egypt," said Cao Kezhen, chief representative for China at the CHIMENA (China-India-Middle East-North Africa) Business Council.

Starting from May 1, 2026, China will fully implement zero-tariff treatment for 53 African countries that have established diplomatic relations with China, so many Egyptian businesses are eager to explore the Chinese market, Cao said.

New technologies are also helping bring overseas products closer to Chinese consumers.

"In recent years, China has introduced a range of policies to encourage imports. These measures allow Chinese consumers to buy quality products from around the world at competitive prices through cross-border e-commerce. Going forward, we plan to shift more focus onto the development of a digital supply chain from the traditional supply chain, customs declaration and inspection, logistics, warehousing and distribution," said Shan Li, chairman of High Store Tech, a supply chain service provider for global brands.

Sunday's event followed the inaugural gathering, which took place under the same theme in the national capital Beijing in February.

China launches event in Hangzhou to expand imports, boost consumption

China launches event in Hangzhou to expand imports, boost consumption

A Chinese mainland spokesperson on Wednesday slammed Taiwan leader Lai Ching-te over his latest remarks on cross-Strait relations, accusing him of promoting secessionism and escalating tensions across the Taiwan Strait.

Chen Binhua, spokesperson for the Taiwan Affairs Office of the State Council, said in a press release that Lai's speech marking his second anniversary in office was "filled with lies and deception, hostility and confrontation."

Chen accused Lai of stubbornly adhering to a secessionist stance in pursuit of "Taiwan independence," while exaggerating the so-called threats from the mainland and intensifying confrontation across the Strait.

Lai played an old trick of advocating the secessionist agenda on one hand and, on the other, calling insincerely for dialogue and exchanges with the mainland, attempting to mislead people in Taiwan and deceive the international community, he said.

Chen said that these common tricks have been seen through by more and more Taiwanese people. Their deceptive and provocative actions will be met with firm opposition from compatriots on both sides and the international community, and are doomed to fail.

Reaffirming the mainland's position on the Taiwan question, Chen said Taiwan has never been a country, is not one now, and will never become one in the future.

He described the Taiwan question as a historical issue left over from a Chinese civil war in the 1940s.

No election result in Taiwan could alter the fact that Taiwan is part of China or sever the historical and legal bonds linking the two sides of the Strait, according to Chen.

The mainland would never allow any person or force to pursue secessionist activities under any pretext, he added.

Calling secessionists "the chief culprit" who undermines cross-Strait peace, Chen said the mainland would continue to uphold the one-China principle and the 1992 Consensus, unite broadly with Taiwan compatriots, combat secessionist activities, and safeguard peace and stability across the Strait.

Central government spokesperson refutes Lai Ching-te's latest remarks, warns against secessionist moves

Central government spokesperson refutes Lai Ching-te's latest remarks, warns against secessionist moves

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