china.org.cn
Record-Breaking 136th Canton Fair
The 136th Canton Fair recorded record-high overseas buyer attendance, exceeding $24 billion in intended export transactions, demonstrating China's growing influence in global trade.
English
China
EconomyChinaInternational TradeBusinessTrade Show
China Foreign Trade CenterTsinghua UniversityBelt And Road Initiative
Zhou ShanqingYang ZhusongChristian NollMoulay ElkamelChu Shijia
- What were the key highlights of the 136th Canton Fair?
- The 136th Canton Fair, held in Guangzhou, China, saw a record high of 253,000 overseas buyers from 214 countries and regions. This represents a 2.8 percent increase compared to the previous fair, exceeding expectations.
- How did experts explain the success and growth of the Canton Fair?
- Experts, such as Yang Zhusong from Tsinghua University, attribute the fair's growth to China's expanding influence in global trade, efficient manufacturing, and mutually beneficial cooperation with BRI partners.
- What feedback did international buyers provide on their experience?
- Positive feedback from attendees like Christian Noll from Germany and Moulay Elkamel from Morocco highlighted the fair's success and scale, emphasizing the significant opportunities and impressive product offerings.
- Which regions showed the most significant growth in buyer attendance?
- Buyers from Belt and Road Initiative (BRI) countries constituted over 60 percent of attendees, with significant growth from the Middle East (32.6 percent increase) and notable increases from the US and Europe.
- What was the total intended turnover of export transactions at the fair?
- The intended turnover of export transactions reached $24.95 billion USD, a 1 percent increase over the previous session. Transactions with BRI partner countries accounted for more than half of this total.