{"id":17741,"date":"2023-04-15T11:54:00","date_gmt":"2023-04-15T11:54:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4071303_AE71303_0"},"modified":"2023-04-15T11:54:00","modified_gmt":"2023-04-15T11:54:00","slug":"foreign-firms-bet-on-hainan-free-trade-port-at-3rd-cicpe","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=17741","title":{"rendered":"Foreign Firms Bet on Hainan Free Trade Port at 3rd CICPE"},"content":{"rendered":"<p><span class=\"xn-location\">HAIKOU, China<\/span>, <span class=\"xn-chron\">April 15, 2023<\/span> \/PRNewswire\/ &#8212; A report from Hainan International Media Center (HIMC):&nbsp;&nbsp;<\/p>\n<p>The 3<sup>rd<\/sup> China International Consumer Products Expo (CICPE, or Hainan Expo) is underway in <span class=\"xn-location\">Haikou<\/span> City, the capital of <span class=\"xn-location\">China&#8217;s<\/span> southernmost province, <span class=\"xn-location\">Hainan<\/span>. The Hainan Expo has presented boutique brands worldwide with broad business prospects as numerous enterprises from outside <span class=\"xn-location\">China<\/span> look to the Hainan Free Trade Port to leapfrog their entry into the Chinese market.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder3263\" readability=\"9\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/2055029\/The_exhibition_halls_Hainan_International_Convention_Exhibition_Center_packed_visitors.html\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2055029\/The_exhibition_halls_Hainan_International_Convention_Exhibition_Center_packed_visitors.jpg?p=medium600\" title=\"The exhibition halls at Hainan International Convention and Exhibition Center were packed with visitors as the 1st public open day of the 3rd CICPE gets underway on April 14, 2023.\" alt=\"The exhibition halls at Hainan International Convention and Exhibition Center were packed with visitors as the 1st public open day of the 3rd CICPE gets underway on April 14, 2023.\"><\/a><br \/><span>The exhibition halls at Hainan International Convention and Exhibition Center were packed with visitors as the 1st public open day of the 3rd CICPE gets underway on April 14, 2023.<\/span><\/p>\n<\/p><\/div>\n<p>On <span class=\"xn-chron\">April 10<\/span>, the day the CICPE opened, <span class=\"xn-location\">Indonesia&#8217;s<\/span> largest coffee company, Kapal Api Group, opened up their first-ever location in <span class=\"xn-location\">China<\/span> at <span class=\"xn-location\">Haikou&#8217;s<\/span> N\u207f Park Mall, in conjunction with <span class=\"xn-location\">Hainan&#8217;s<\/span> Mushan Coffee.<\/p>\n<p>&#8220;The policies of the Hainan Free Trade Port will provide a wealth of convenience when it comes to importing and processing products. This is why <span class=\"xn-person\">Kapal Api<\/span> has chosen to set up in <span class=\"xn-location\">Hainan<\/span> as a springboard for access to the Chinese market,&#8221; <span class=\"xn-person\">Robin Setyono<\/span>, CEO of Kapal Api Group, said that his company would join hands with <span class=\"xn-location\">Hainan&#8217;s<\/span> Mushan Coffee to expand into the Chinese coffee market.<\/p>\n<p>At this year&#8217;s Hainan Expo, the global cosmetics giant Est\u00e9e Lauder Companies exhibited 14 of its signature brands. On <span class=\"xn-chron\">April 11<\/span>, at the pavilion opening, the Global President of Est\u00e9e Lauder Travel Retail Worldwide, <span class=\"xn-person\">Israel Assa<\/span>, announced that the group would continue expanding its business in <span class=\"xn-location\">Hainan<\/span> and innovating to improve tourists&#8217; buying experience with fresh scenarios and ground-breaking, high-quality products.<\/p>\n<p>During the CICPE, Est\u00e9e Lauder signed a cooperation agreement with the Hainan Provincial Bureau of International Economic Development&nbsp;and Haikou Comprehensive Bonded Zone Management Committee and announced that the group&#8217;s <span class=\"xn-location\">Asia-Pacific<\/span> travel retail logistics center and <span class=\"xn-location\">China<\/span> area headquarters would be set up in the Hainan Free Trade Port.<\/p>\n<p>Top global wines and spirits seller Pernod Ricard has exhibited at the CICPE for three consecutive years and brought several of its brands to the expo this year, including famed cognac producer Martell. It announced that Sanya, a city on <span class=\"xn-location\">Hainan&#8217;s<\/span> southern coast, would be the second location of Martell&#8217;s mangrove ecosystem protection program.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder5851\" readability=\"7\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/2055030\/The_Pernod_Ricard_pavilion_3rd_CICPE.html\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2055030\/The_Pernod_Ricard_pavilion_3rd_CICPE.jpg?p=medium600\" title=\"The Pernod Ricard pavilion at the 3rd CICPE\" alt=\"The Pernod Ricard pavilion at the 3rd CICPE\"><\/a><br \/><span>The Pernod Ricard pavilion at the 3rd CICPE<\/span><\/p>\n<\/p><\/div>\n<p>Over 3300 premium brands from 65 countries and regions are exhibiting at this year&#8217;s Hainan Expo. Statistics show that <span class=\"xn-chron\">between April 10 and April 14<\/span>, over 240,000 visitors filed into Hainan International Conference and Exhibition Center, the venue for the CICPE, to take a look at the latest in consumer products from around the globe.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HAIKOU, China, April 15, 2023 \/PRNewswire\/ &#8212; A report from Hainan International Media Center (HIMC):&nbsp;&nbsp; The 3rd China International Consumer Products Expo (CICPE, or Hainan Expo) is underway in Haikou City, the capital of China&#8217;s southernmost province, Hainan. The Hainan Expo has presented boutique brands worldwide with broad business prospects as numerous enterprises from outside [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":17742,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-17741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Foreign Firms Bet on Hainan Free Trade Port at 3rd CICPE - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=17741\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign Firms Bet on Hainan Free Trade Port at 3rd CICPE - My Blog\" \/>\n<meta property=\"og:description\" content=\"HAIKOU, China, April 15, 2023 \/PRNewswire\/ &#8212; A report from Hainan International Media Center (HIMC):&nbsp;&nbsp; The 3rd China International Consumer Products Expo (CICPE, or Hainan Expo) is underway in Haikou City, the capital of China&#8217;s southernmost province, Hainan. 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