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Canton Fair News

Views: 8     Author: Retekool     Publish Time: 2024-04-24      Origin: Site

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On April 15, the 135th China Import and Export Fair (Canton Fair) opened in Guangzhou. With the theme of "Serving high-quality development and promoting high-level opening", the Fair was held in three phases from April 15 to May 5, and its online platform has realized regular operation throughout the year.



According to the statistics of Canton Fair, as of April 13, 144,000 overseas buyers from 215 countries and regions have pre-registered, of which the United States increased by 21.4%, OECD countries increased by 13%, the Middle East countries increased by 24.7%, and the countries of "One Belt, One Road" and the Regional Comprehensive Economic Partnership Agreement (RCEP) increased by 45.9% and 15.5% respectively. RCEP) countries increased by 45.9% and 15.5% respectively.



At the same time, this year's participation in the global retail 250 and the countries and regions of the big business increased significantly. 288 head of enterprises and industrial and commercial organizations to confirm the participation of the delegation, compared with the same period last year, an increase of 21.5%. According to the introduction of the Canton Fair, "anchoring big business, improve the quality of businessmen" is one of the focus of the preparations for this session of the Canton Fair. This year, from the United States, France, Britain, Germany, Sweden, Japan and other places nearly 200 head of enterprise confirmed group participation, including Walmart, Amazon, Carrefour, IKEA, Daiso and other large retailers.

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The first cross-border e-commerce pilot zone and overseas warehouse exhibition area

Canton Fair has always been regarded as China's foreign trade "barometer" and "wind vane", reflecting the pulse of China's foreign trade. According to the statistics of the General Administration of Customs, the scale of import and export for the first time in the same period in history exceeded 10 trillion yuan, import and export growth rate hit a new high in six quarters. According to customs statistics, in the first quarter, China's trade in goods import and export value of 10.17 trillion yuan, an increase of 5%. Among them, exports were 5.74 trillion yuan, an increase of 4.9%; imports were 4.43 trillion yuan, an increase of 5%; exports and imports accelerated by 4.1 and 2.3 percentage points respectively compared with the fourth quarter of last year.

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Through the Canton Fair and other platforms, China has provided the world with a large number of high-quality products with strong competitiveness and stable supply, helping countries, especially developing countries, to realize industrialization, and enhancing the resilience and stability of the supply chain of the industrial chain in the region and globally. According to the research of Canton Fair, more than 80% of exhibitors have met more suppliers through Canton Fair, 64% of exhibitors have found more suitable supporting service providers, and 62% of exhibitors have obtained more efficient production alternatives.



Ozgur, an auto parts buyer from Turkey, told CBN that this is his third visit to the Canton Fair. "I want to look for a new generation of products as well as feel the vitality of the Chinese economy." Ozgur said the Canton Fair is an important platform for him to look for new products as well as meet with partners.



The three phases of this year's exhibition cover a total area of 1.55 million square meters, with 55 exhibition areas and a total of about 74,000 booths, including 72,000 for export and 1,557 for import. There are 29,000 exhibitors, including more than 5,500 high-quality featured enterprises with titles of national high-tech, manufacturing individual champions, and small giants of specialties, representing an increase of 20% over the previous session. It is expected that over 1 million pieces of new products, 450,000 pieces of green products and 250,000 pieces of independent intellectual property rights products will be displayed on site.



"At present, the amount of pre-registration of overseas buyers, the amount of applications for invitation letters to the Canton Fair, and the amount of bookings for hotels in Guangzhou City have all increased significantly compared with the previous session, which indicates that the willingness of overseas buyers to participate in the fair has been enhanced." Han Caibo, head of the domestic investment promotion section of the Foreign Liaison Office of the China Foreign Trade Center, introduced that more than 100 groups of overseas industrial and commercial institutions, such as the United Nations Industrial Development Organization, the China-US General Chamber of Commerce, the 48 Group Club of the United Kingdom, the Canada-China Business Council, and the Federal Association of Small and Medium-sized Enterprises of Germany, have also organized delegations to participate in the fair.

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The first issue focuses on advanced manufacturing

The first phase of the Canton Fair, themed "Advanced Manufacturing", lasted for five days, highlighting advanced industries and scientific and technological support, showcasing the new quality of productivity, and the exhibits are also more intelligent and green.



Among them, electronics and home appliances, new energy, new energy vehicles and intelligent travel, industrial automation and intelligent manufacturing and other topics booth size of more than 8700, nearly 3600 exhibitors, including many "new three kinds" of enterprises. Jinan Lafarge Refrigeration Fittings Co., Ltd. also participated in the exhibition. As the first phase exhibitor, we set up a total of three booths, respectively displaying automotive parts and accessories, commonly used refrigeration equipment, and HVAC fittings and so on.

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During the conference, we negotiated with many foreign buyers and provided accessory samples for international famous enterprises such as Gree.

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