CCPIT says China's consumer market has not changed despite COVID surge

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CCPIT says China's consumer market has not changed despite COVID surge

According to the China Council for the Promotion of International Trade CCPIT, the long-term positive trend of China's consumer market has not changed despite the impact of the epidemic, according to CCPIT spokesperson Feng Yaoxiang, citing a survey conducted by the trade council.

READ MORE: China to build a good business climate.

Many companies surveyed said they would increase investment in innovation to meet the needs of the Chinese market.

The Chinese market has been positively remarked recently by the European Union Chamber of Commerce in China, the British Chamber of Commerce in China, and other foreign institutions.

Feng said that foreign companies have confidence in the future of the Chinese market and the continued and sound development of the Chinese economy.

Some market players have been affected by the frequent outbreaks of COVID 19 in many places in China since March.

Foreign companies in China are slowly resuming work and production thanks to supportive policies and measures.

Many foreign enterprises in China on transportation and logistics, visas for foreign nationals, nucleic acid testing and goods importing have been quickly and effectively resolved, according to Feng. Feng said that the CCPIT would increase their efforts to serve foreign enterprises and help them better develop in China.