BEIJING: The 135th China Import and Export Fair, also known as the Canton Fair, commenced on Monday in Guangzhou, southern China’s Guangdong Province.
This year’s spring canton fair boasts an exhibition area of 1.55 million square meters, the largest undertaking so far, with 28,600 companies participating in the export section, and 680 companies in the import section.
A total of 144,000 overseas purchasers from 215 countries and regions have completed pre-registration as of last Saturday.
Figures showed an increase in participation of 21.4 percent from the U.S., 13 percent from the Organization for Economic Cooperation and Development countries, 24.7 percent from Middle Eastern countries, 45.9 percent from Belt and Road Initiative participating nations and 15.5 percent from the Regional Comprehensive Economic Partnership member countries.
Meanwhile, 288 leading enterprises as well as industrial and commercial institutions confirmed that they organized delegations to attend the event, marking an increase of 21.5 percent from the previous session.
These figures speak volumes of both the event’s global significance, as well as the vitality of the country’s foreign trade.
Apart from recording a new high in exhibition area size and the number of attendees, the latest edition of the Canton Fair also boasts several other highlights.
Firstly, the export exhibition has placed a greater focus on new quality productive forces.
Over 5,500 national-level high-tech enterprises, manufacturing champions, and specialized “little giants” will be featured at the event, representing a 20 percent surge from the previous edition. –The Daily Mail-CGTN news exchange item
