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Financial Street Forum held in Beijing, foreign consumers discuss new trend of turning to China for products
Sabtu, 01 November 2025 | 08:19
https://youtu.be/JNkb2HGC5UA
BEIJING, CHINA-
Media OutReach Newswire - 31 October 2025
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The Annual Conference of Financial Street Forum 2025 was held in
Beijing from October 27 to 30. During the four-day agenda, over 400
financial leaders, policymakers and industry experts from more than 30
countries and regions around the world gathered in Beijing's Financial
Street.
The core area of Beijing's Financial Street, covering an area of 2.59
square kilometers, has witnessed and carried the process and
achievements of China's financial reform and development over the past
three decades since it was approved by the State Council of China to be
built as a national financial management center. As an important
platform for the country's opening up and development, the Financial
Street Forum has been seen as a barometer of China's financial reform
and development. This year, top leaders of China's financial sectors
once again gathered at the opening ceremony of the conference,
responding to hot issues from the outside world regarding the current
situation of China's economic development and the trends of the
financial market.
At this year's meeting, a new consumption trend has drawn attention. In
recent years, the once-common practice of Chinese shoppers who buy goods
overseas and resell them in China, known as daigou in Chinese, has
given way to a new trend: more and more international consumers are now
buying products from China to take home. This wave is rapidly emerging
as a new force in global consumption.
Technology products have become the main items for foreigners to
purchase in China. For instance, wireless headphones and phone cases are
all bestsellers. Sheikh Fayaz Ahmad, an assistant professor at Zhejiang
University International Business School, said in an interview that
China has many economical and innovative products, such as vacuum
cleaners and basic medical equipment, which he often bought when
returning to India from China.
Ma Qing, Chief Representative of the Asia Pacific Region and Head of
China Research of the Institute of International Finance (IIF), believed
that international consumers buying products from China is actually a
form of arbitrage, and the space for arbitrage depends on the price gap.
The current situation might be like this: after the United States
raised tariffs, the prices of goods in the United States are much higher
than those in China, so people buy goods in China and take them to the
United States.
BERITA LAINNYA
BERIKAN KOMENTAR