Expo to heighten effect of cuts in tariffs on imported goods
By Zhu Wenqian | China Daily | Updated: 2018-11-05 07:48
The six-day China International Import Expo, which begins in Shanghai on Monday, is expected to eventually increase the number of high-quality consumer products and related services coming into the country, thereby meeting the rising demand among Chinese consumers for such goods, experts said.
"There's still a great potential for the growth of domestic consumption demand," said Chen Lifen, a researcher at the Circulation Industry Promotion Center under the Ministry of Commerce.
The first import expo marks yet another milestone in China's policy evolution that has been increasing the purchasing power of Chinese consumers, giving them access to top products and related services.
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