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In order to further facilitate people-to-people exchanges between China and foreign countries, the Chinese government has recently decided to expand the scope of visa-free entry.

According to the Commerce Bureau of Shenzhen Municipality, a total of 195 exhibitions of various types were held in Shenzhen’s three major professional exhibition halls in 2023, with an average of one exhibition every two days. The exhibition area totaled 10.32 million square meters, a year-on-year increase of 237%, exceeding 10 million square meters for the first time.

In November of 2023, the news that Master Kong Ice Tea had increased in price soared to the top of hot search lists. Subsequently, the topic of the “gradual disappearance of three yuan beverages” repeatedly trended on popular Chinese news and social media sites. Consumers had suddenly noticed that in the convenience stores and small supermarkets that they often visited, the number of beverages priced below three yuan seemed to be dwindling.