127th Canton Fair hosts online events for global buyers

12 Jun '20

2 min read

Pic: Canton Fair

With the 127th China Import and Export Fair (Canton Fair), an international trade fair, just a few days away, several online events were held for global buyers at multiple locations. Deputy director general of the foreign affairs office of Canton Fair, Quandong Liu, Maggie Pu and Yi Yu introduced the features of its first internet-based trade platform.

It includes the registration process, language translation and supplier-buyer matchmaking.

Welcoming business associations, buyers and entrepreneurs from Africa, Germany, and other "Belt and Road" initiative countries, the online events not only aim to facilitate better communications between buyers and sellers but also create a channel for global partners and companies in the post-Covid-19 era.

The online introduction events connecting traders in South Africa, Kenya and Egypt attracted more than 150 buyers and company representatives across Africa. “We are looking forward to the first virtual Canton Fair bringing more business possibilities to African businesses,” Alaa Ezz, first under secretary of state of the Egyptian chamber of commerce and industry, said in a press release.

Africa is also an essential source of buyers for the Canton Fair, with the number of importers from the region standing at more than 15,000 every year. The trade volume of Central Africa has also achieved a record high in 2019, totalling $20,87 billion, a 2.2 per cent increase year-on-year.

Fibre2Fashion News Desk (JL)

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