NEWS

Canton Fair offers boon to exporters

(fromChinaDaliy)

As the weathervane and barometer of China's foreign trade, the 134th Canton Fair opened on October 15. This Canton Fair is also the Canton Fair with the largest exhibition scale and the most exhibitors in history. The first phase of the 134th Canton Fair will be held from October 15th to October 19th, the second phase will be held from October 23rd to 27th, and the third phase will be held from October 31st to November 4th, 2023. today.

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Canton Fair “popular”
According to the relevant person in charge of the Canton Fair News Center, since the opening of this Canton Fair, as of October 27, 157,200 overseas buyers from 215 countries and regions have attended the fair, an increase of 53.6% compared with the same period of the previous session. Among them, there were more than 100,000 buyers from countries co-constructed by the “One Belt and One Road”, accounting for 64%, an increase of 69.9% over the same period of the previous session; the number of European and American purchasers attending the conference increased again, with an increase of 54.9% over the same period of the previous session.
From the first phase, which is supported by advanced manufacturing to showcase high-tech and high value-added products, to the second and third phases, which have the themes of "Big Home" and "Beautiful Life" respectively, providing one-stop purchasing for global buyers. Convenient, the exhibition features of the Canton Fair are more clear and eye-catching.
"We can't see enough new products, and we can't stop visiting old friends." "The Canton Fair is a good opportunity to expand the Chinese market and the international market." "Participating in the Canton Fair is more conducive to the extension and coverage of products from the Chinese market to the markets of other countries."
These awards fully demonstrate that the Canton Fair has not only established a bridge for the export of Chinese products, but also a platform to promote in-depth exchange and integration of the global market.
In addition, as the "barometer" and "wind vane" of China's foreign trade, the Canton Fair is also an important window to showcase the charm of the "Made in China" brand. This year's Canton Fair focuses on product innovation and strives to create a high-quality brand exhibition. The exhibition themes such as new energy vehicles and smart travel, new materials and chemical products have been further expanded. There are about 100,000 new high-tech exhibits such as new energy and industrial automation, and the exhibit structure has been further optimized and improved.
Thousands of specialized "little giant" enterprises and national high-tech enterprises made their appearance together. The "three new" products of electric passenger vehicles, lithium batteries and solar cells were favored by buyers. It can be seen from the Canton Fair that my country's modern industrial system continues to be built, and Chinese manufacturing continues to move up to the middle and high end of the industrial chain and value chain. At the same time, it can also be seen that China's manufacturing is moving from product internationalization to enterprise internationalization, from mainly exporting goods to a combination of exporting goods, services, technology, and capital. Transform from price competitive advantage to comprehensive competitive advantage, driving the development of global emerging industries. Many overseas buyers and import exhibition exhibitors said: "The quality, cost performance and service of Chinese products are leading, and Chinese companies have become our first partners."
The “circle of friends” continues to expand
After years of development, this comprehensive international trade event with the longest history and largest scale in China not only undertakes trade functions, but also serves as a window for cultural exchanges and friendship. Get off to a good start and climb higher. The growth in the number of overseas buyers attending the fair and the optimization of its structure are the highlights of this session of the Canton Fair. “Buyers from all over the world continue to come to the booth for negotiation. Compared with previous editions, this year’s Canton Fair has more customers from Russia, the Netherlands, Poland, and Germany.
Due to the epidemic, some overseas buyers have not come for several sessions. They went to the Canton Fair again this year. They were deeply shocked and believed that China's products have made great progress! "In addition to traditional markets such as Europe and the United States, this strong "Cantonese craze" is also spreading to the "Belt and Road" co-building countries and emerging markets such as the Middle East and South America, allowing Chinese companies to find new blue oceans of foreign trade and allowing global merchants to Share new opportunities in China.
Although Shahid, a Pakistani buyer, is a "new friend" of the Canton Fair, he easily found a suitable supplier - Foshan Tianxiang Electronic Technology Co., Ltd., during his first participation. “I had contacted this company online in advance, and after the Canton Fair started, I went straight to their booth and learned more about the products from the sales specialist,” he said.The successful hosting of the Canton Fair marks that China's door is opening wider and wider, bringing more business opportunities to global companies.
Nowadays, the Canton Fair has become an important platform for many companies to explore the markets of countries along the "Belt and Road", driving the growing trade "circle of friends" in emerging markets and injecting stronger confidence into foreign trade companies.


Post time: Dec-11-2023