South Korean, Japanese companies tap into Chinese market at Hainan expo

STORY: South Korean, Japanese companies tap into Chinese market at Hainan expo DATELINE: April 15, 2023 LENGTH: 00:01:27 LOCATION: HAIKOU, China CATEGORY: ECONOMY SHOTLIST: 1. various of the third China International Consumer Products Expo (CICPE) 2. SOUNDBITE 1 (Chinese): LIAO WENLIE, Salesman of Kay Bright Ltd. from Japan 3. SOUNDBITE 2 (Chinese): PARK YEONGJUN, General manager of overseas sales team of Daedong Korea Ginseng Co., Ltd. from South Korea STORYLINE: As China's consumer products expo was held in Hainan, many companies from South Korea and Japan are keen on displaying their quality products, and expecting to further tap into the Chinese market through the event. With an exhibition area 20 percent larger than the previous edition, the expo showcases over 3,300 brands from 65 countries and regions, including 98 brands from South Korea and 38 Japanese companies. Many South Korean and Japanese companies have high hopes for the expo as they see it as a gateway to the vast Chinese market. SOUNDB