Export transactions have also shown a recovery growth trend, increasing by 10.7% compared to the previous session.
As a barometer and barometer of China’s foreign trade, the newly concluded Canton Fair has shown strong momentum.
The 135th Canton Fair was held in Guangzhou from April 15th to May 5th. According to statistics,
Meanwhile,
Ozgur, an auto parts purchaser from Türkiye, told China Business News that this year is his third time to attend the Canton Fair. “I hope to find a new generation of products and experience the vitality of China’s economy,” Ozgur said. The Canton Fair is an important platform for him to search for new products and meet with partners.
(‘First Financial Journalist/Photo’,)
All parties actively participated in the exhibition, and China’s supply chain won recognition
According to statistics, there were 160000 purchasers from countries jointly building the “the Belt and Road” at this Canton Fair, an increase of 25.1% over the previous one; 61000 purchasers from member countries of the Regional Comprehensive Economic Partnership (RCEP), an increase of 25.5%; 52000 buyers from BRICS countries, an increase of 27.6%; 50000 European and American buyers, an increase of 10.7%.
At the same time, the number of top 250 global retailers, major merchants and groups from various countries and regions has increased. 119 business institutions, including the China US General Chamber of Commerce, 48 group clubs in the UK, and the Canada China Trade Council, attended the conference in groups. 226 multinational leading enterprises, such as Wal Mart in the United States, Auchan in France, Tesco in the United Kingdom, Metro AG in Germany, IKEA in Sweden, organized buyers to attend the conference.
In terms of export transactions,
“
“In the past, we mainly focused on the European and American markets, but with the recent good development of the ASEAN economy, we are also developing this market. However, there are not many international trade exhibitions in the ASEAN region, and the Canton Fair provides us with a platform to connect with ASEAN buyers.” Shi Ximin, the general manager of Guangzhou Minshi Digital Technology Co., Ltd., also told a reporter from First Financial News, “Our factory is located locally in Guangzhou. If customers are interested in our products or willing to further communicate, we will take immediate action and send drivers to take them to the factory for inspection.”
In addition,
Zhou Shanqing introduced that exhibition companies from South Korea, Japan, Malaysia and other countries signed multiple orders with Chinese companies on site. Türkiye, South Korea, Japan, Malaysia, India and other exhibition groups plan to continue to organize groups to participate in the next exhibition, and some of them consider expanding the scope of theme. Import exhibition exhibitors stated that the Canton Fair provides a valuable platform for companies from around the world to share opportunities in China and explore global markets. Every time they come to the Canton Fair, they can feel innovation and vitality.
Stimulating new momentum in foreign trade
according to the statistics
Zhou Shanqing said that at the Canton Fair, new products, new technologies, new materials, new processes, and new creativity emerged one after another, and more high-end, intelligent, green, and low-carbon products that reflect the development achievements of new quality productivity emerged. They were highly sought after and favored by the international market, demonstrating the hard power of “China’s intelligent manufacturing” and injecting new vitality into the development of foreign trade.
With the rapid development of cross-border e-commerce as a new form of foreign trade, this year’s Canton Fair has also established a cross-border e-commerce and overseas warehouse exhibition area for the first time. 11 provinces have organized 5 cross-border e-commerce comprehensive trial zones and 150 cross-border e-commerce and overseas warehouse enterprises to participate in the exhibition, creating new opportunities for small and medium-sized enterprises to “go abroad” through the development of new trade formats.
In addition, this year’s Canton Fair held 264 “Trade Bridge” global promotion and supply procurement docking series activities, of which 249 supply procurement docking series activities attracted 420 purchasers and 1420 suppliers for “one-on-one” docking negotiations, with an intention to purchase more than 340 million US dollars.
In addition to offline exhibitions, online platforms also operate smoothly. 408000 overseas buyers from 229 countries and regions around the world participated in this year’s Canton Fair online. The cumulative number of visits to the participating companies’ stores is 3.412 million. The online platform of this year’s Canton Fair has increased digital technologies such as online display, VR factory viewing, 3D photography, and intelligent traffic, resulting in a significant increase in the number of purchasers who provide feedback on inquiries from enterprises.
Zhou Shanqing introduced that the application process for exhibition booths for the offline export exhibition of the 136th Canton Fair started on May 1st.