The annual shopping event officially began on Sunday and runs until November 4th. In Guangzhou, long lines of exhibitors and buyers from around the world can be seen at every subway exit near the Canton Exhibition Center.
The Global Times reporter learned from the China Foreign Trade Center, the organizer of the Canton Fair, that more than 100,000 buyers from 215 countries and regions have registered to attend the 134th China Import and Export Fair (commonly known as the Canton Fair). . .
Gurjeet Singh Bhatia, CEO of Indian hand tool exporter RPOverseas, told Global Times at the booth: “We have a lot of expectations. Some Chinese and foreign customers decided to visit our booth. Bhatia is already participating in the Canton Fair.” 25 years old.
“This is my 11th time to attend the Canton Fair, and each time there are new surprises: the products are always economical and are updated very quickly.” Juan Ramon Perez Bu, General Manager of the Port of Liverpool in the China region Juan Ramon – said Perez Brunet. The opening reception for the 134th Canton Fair will be held on Saturday.
Liverpool is a retail terminal headquartered in Mexico that operates the largest chain of department stores in Mexico.
At the 134th Canton Fair, Liverpool’s Chinese buying team and Mexico’s buying team totaled 55 people. Brunette said the goal is to find quality products such as kitchen appliances and electronics.
At the opening reception, Chinese Commerce Minister Wang Wentao warmly welcomed domestic and foreign participants attending the Canton Fair via video link.
The Canton Fair is an important window for China’s opening up to the outside world and an important platform for foreign trade. The Ministry of Commerce will continue to promote high-quality opening-up, enhance the liberalization and facilitation of trade and investment, and support companies from different countries to effectively use platforms such as the Canton Fair to further boost global trade and economic recovery. “
Many participants believed that the Canton Fair is not only a sales platform, but also a center for the dissemination and interactive dissemination of global economic and trade information.
At the same time, the global trade event demonstrates to the world China’s confidence and determination to open up.
Global Times reporters learned from exhibitors and buyers that under the complex and harsh international environment, foreign trade information is collected, exchanged and exchanged in Guangzhou, and the Canton Fair is expected to bring more benefits to exhibitors and buyers.
On Sunday, Vice Minister of Commerce Wang Shouwen held a trade symposium for foreign-funded enterprises during the Guangzhou Canton Fair to study the import and export operations of foreign-funded enterprises and listen to their existing problems, opinions and suggestions.
According to the Ministry of Commerce’s WeChat on Sunday, representatives of foreign-invested enterprises in China, including ExxonMobil, BASF, Anheuser-Busch, Procter & Gamble, FedEx, Panasonic, Walmart, IKEA China and the Danish Chamber of Commerce in China attended the meeting and spoke with a speech.
In recent years, China has spared no effort in opening up and providing platforms to facilitate global trade, such as the Canton Fair, the China International Import Expo to be held in early November, and the world’s first national supply chain exhibition. The China International Supply Chain Exhibition Chain Expo will be held from November 28 to December 2.
At the same time, since China’s Belt and Road Initiative was proposed in 2013, unimpeded trade has become an important component and promoted the development of trade cooperation.
The Canton Fair has achieved fruitful results. The share of buyers from Belt and Road countries increased from 50.4% in 2013 to 58.1% in 2023. The import exhibition attracted more than 2,800 exhibitors from 70 countries along the Belt and Road, accounting for about 60% of the total number of exhibitors at the import exhibition area, the organizer told the Global Times.
As of Thursday, the number of registered buyers from Belt and Road countries rose 11.2% compared with the spring exhibition. The organizer said the number of Belt and Road buyers is expected to reach 80,000 during the 134th edition.
Post time: Sep-20-2024