Foreign auto and motorcycle companies said at the just-concluded fourth China International Consumer Products Expo that they hold increasing confidence in their business growth in China as shown by their rising sales and younger consumer makeup in the country.
Showcasing some of their latest models at the Hainan Expo, overseas car and motorcycle companies believe the event has provided them a great platform to better understand their Chinese customers.
This year, the six-day expo that concluded on Thursday in Haikou, the capital of south China’s island province of Hainan, attracted over 4,000 brands from 71 countries and regions.
The vehicle brand representatives attending the trade event showed a strong desire to engage with the fast-growing Chinese consumer market.
We are very happy to stay here for the second year in a row, since last year was very successful. And by the way, we are very much linked with Hainan. Because Hainan for us represent a good touristy place, joy, good food, nice environment, sunny days, and we are very much confident about the potential growth of the [Chinese] market,” said Luca Battiloro, CEO of Ducati China, an Italian motorcycle manufacturer.