High-Quality Consumption Expo Concludes in Macao: A Bridge for Global Collaboration

南方财经全媒体记者 李依农 澳门报道

On September 29, the Third China (Macao) International High-Quality Consumption Exhibition, co-hosted by Nam Kwong Group, the Ministry of Commerce's Bureau of Foreign Trade Development, and the Guangdong Provincial Department of Commerce, successfully concluded in Macao. Southern Finance Omnimedia Corp. is the special co-host of the Expo. This year, nearly 400 international brands from various countries and regions participated, attracting over 30,000 attendees.

For the first time, the exhibition featured an imported goods pavilion to explore new trends in cross-border e-commerce, with over 50 foreign exhibitors showcasing their premium products. The goal was to highlight cultural diversity and quality products, establishing Macao as a new frontier for international consumption.

Sharif Valeev, a buyer from Russia, expressed, “Macao is a free trade port with a unique geographic advantage and open capital flow, linking global resources. I hope to bring more quality products back to my country. We also noticed more Chinese companies investing in South America, Africa, and Southeast Asia, making this exhibition a great opportunity for collaboration.”

Notably, the Permanent Secretariat of the China-Portuguese Forum established a display area promoting the investment environment and cooperative achievements between China and Portuguese-speaking countries, showcasing unique products and enhancing Macao's role in trade cooperation.

During the Expo, the "2024 Guangdong-Hong Kong-Macao Greater Bay Area High-Quality Consumption Report" was also released. Gao Jianghong, Director of the High-Quality Consumption Research Institute at SFC, highlighted notable shifts in consumption patterns in the Greater Bay Area, attributed to improved infrastructure connectivity and accelerated financial market integration. The report outlines seven emerging high-quality consumption trends and offers nine development recommendations for the region.

Jiang Weiliang, General Manager of Nam Kwong Group, stated that since its first successful event in 2022, the exhibition has evolved into a crucial platform for promoting deep cooperation between Guangdong and Macao, facilitating high-quality imports and industry development. The exhibition will continue to serve as a bridge, providing opportunities for domestic exhibitors to expand globally and for international businesses to enter China's vast consumer market.