Home / Knowledge / News / Textiles / 104th Canton Fair concludes
104th Canton Fair concludes
07
Nov '08
The 104th session of China Import and Export Fair concluded yesterday and Mr Mu Xinhai, Vice Secretary General and Spokesman of the Canton Fair expressed his views at the press conference.

Amidst the international economic recession, exhibitors have already prepared themselves for the possible decrease of buyer attendance and trade turnover, before participating.

Mr Xinhai revealed that as of November 5, the number of overseas buyers accumulates to 174,562 and the trade turnover reaches to US $31.55 billion.

The intentioned turnover of online transaction reach $570 million, which was achieved under the background that most countries lower their expectations of economic growth, global market shrink, and professional buyers from Europe and America have cut their sourcing activities.

Besides, transaction volume achieved by private enterprises reached $18.56 billion, accounting for 58.8 percent of the total. Among private enterprises, a considerable proportion is small and medium-sized enterprises, which demonstrates the Canton Fair's role in serving small and medium-sized enterprises to explore the international market has been strengthened.

In this session, stricter entry standards and verification systems were implemented for exhibitors of International Pavilion, insuring all the exhibiting enterprises and exhibits are overseas with improving quality. Such countries or regions as Turkey, Hong Kong, and India have organized relatively large delegations to participate.

The Fair has organized about 8000 domestic professional buyers. It adopts a door to door purchasing model for the first time and achieved good results targeting at overseas advanced technology, advanced equipment, key parts and components, and scarce products in Chinese Market.

China Foreign Trade Centre

Must ReadView All

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search