China Import and Export Fair, also known as Canton Fair, was founded in the spring of 1957 and is held in Guangzhou every spring and fall. Co-sponsored by the Ministry of Commerce and the People’s Government of Guangdong Province, and organized by the China Foreign Trade Center, the Canton Fair is a comprehensive international trade event with the longest history, the largest scale, the most complete range of commodities, the largest number of buyers from the widest range of sources, the best turnover results, and the best credibility, and it is known as China’s No. 1 exhibition, and China’s barometer of foreign trade and the wind vane.
The first phase of the 134th Canton Fair ended on October 19th. According to the relevant person in charge of the Canton Fair Information Center, the first phase of the unprecedented gathering of ten thousand merchants, the overall operation of safe and orderly, overseas buyers to participate in the meeting enthusiastically, exhibitors enthusiastic, on-site negotiations and transactions are active, strong and effective service and security, to achieve the current session of the Canton Fair, “the opening of the red”.
I. Scale expansion and structure optimization. This year’s Canton Fair optimized the exhibition structure, the first phase of home appliances, led lighting, consumer electronics, machinery and equipment, new energy and other electromechanical products, the size of the exhibition area increased significantly by about 3,000 booths, an increase of more than 18%, to provide more high-tech, high-value-added enterprises to provide exhibitors with the opportunity to display more innovative, high-end, intelligent, green products. Among them, the scale of the new energy zone increased by 172%, further helping the “new three kinds” of products to expand exports and promote the development of emerging industries.
Overseas buyers have come to the conference enthusiastically. As of October 19th, over 100,000 overseas buyers, from 210 countries and regions around the world, arrived offline, a significant increase in the number of visitors compared with the same period of the 133rd session. Exhibitors generally believe that overseas buyers are more willing to place orders and are expected to reach more cooperation in the future. Among them, nearly 70,000 buyers came from the countries of “One Belt, One Road”, an increase of 65.2% compared with the same period of the 133rd session, and the Canton Fair has achieved remarkable results in promoting the smooth flow of trade among the countries of “One Belt, One Road”.
Third, the online platform operated smoothly. Exhibitors uploaded more than 2.7 million exhibits on the official website of Canton Fair, including more than 700,000 new products. Since September 16, the cumulative number of visitors has reached 6.67 million, of which 86% are from abroad. The online platform is running safely and smoothly.
Fourth, the trade promotion activities are brilliant. This year’s Canton Fair has successfully held a total of 40 “Trade Bridge” global trade docking activities, organizing precise matchmaking between supply and procurement sides. 177 events were organized for the debut of new products and exhibitions. The Canton Fair Design and Innovation Award (CF Award) displayed 141 award-winning products of the year 2023 online and offline, of which the offline showroom attracted nearly 1,500 visits per day. A total of 71 design companies from 6 countries and regions participated in the Canton Fair Product Design and Trade Promotion Center (PDC).
Post time: Nov-01-2023