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Canton Fair kicks off with buyers from 210+ countries

Oct '19
Pic: Canton Fair
Pic: Canton Fair
The 126th China Import and Export Fair (Canton Fair) is currently witnessing more than 25000 companies to its exhibition in Guangzhou, with global buyers from more than 210 countries and regions. The fair is now a comprehensive exhibition with largest number of products as well as broadest distribution of buyer origins and highest business turnover in China.

Xu Bing, spokesperson of the Canton Fair and deputy director general of the China Foreign Trade Centre, noted that Canton Fair had witnessed a change in trade throughout the 70 years since the founding of People’s Republic of China, and the 126th exhibition is of considerable significance to achieving the stable and quality growth of foreign trade.

Under the framework of 'Canton Fair Global Partnership Program', Canton Fair has developed 128 partners in 72 countries and regions. With 11 national delegations coming to the International Pavilion, the fair welcomed new product demonstrations from Japan and Canada for the first time. 642 overseas companies are demonstrating their products, among which more than 60 per cent are from Belt and Road countries. Along with Chinese exhibitors from the National Pavilions that cover 16 product categories, the 126th Canton Fair is enabling a multi-functional integrated platform to help promote regional openness and industrial development.

The 126th Canton Fair made innovation in marketing, stuck to the principle of 'innovative, specialised, targeted and delicate' and focused on key sections and target markets, to provide a more convenient attending experience, more secure transactions and higher return for buyers.

To provide a more comprehensive insight into the current trade market, the Fair is also hosting more than 20 themed forums covering risk control, trade friction, currency, supply and demand matching and trade trends. One of the highlights is the 2019 Canton Fair International Trade Development Forum, is gathering experts in the field to discuss shifting global economic and trade contexts and how to respond to Sino-US trade friction. The forum is also forming a dialogue on opportunities along the Belt and Road Initiative.

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November 2019

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